Cynosure Group LLC Grows Stock Holdings in Ryerson Holding Corporation $RYI

Cynosure Group LLC lifted its position in shares of Ryerson Holding Corporation (NYSE:RYI) by 30.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,987 shares of the basic materials company’s stock after purchasing an additional 4,153 shares during the period. Cynosure Group LLC’s holdings in Ryerson were worth $388,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. CWM LLC raised its position in Ryerson by 97.7% during the 2nd quarter. CWM LLC now owns 1,866 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 922 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Ryerson by 12.9% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 10,199 shares of the basic materials company’s stock worth $220,000 after buying an additional 1,164 shares during the last quarter. State of Wyoming increased its stake in shares of Ryerson by 33.1% during the first quarter. State of Wyoming now owns 18,622 shares of the basic materials company’s stock valued at $428,000 after buying an additional 4,632 shares during the period. Strs Ohio bought a new position in shares of Ryerson during the first quarter valued at approximately $432,000. Finally, Versor Investments LP bought a new position in shares of Ryerson during the first quarter valued at approximately $464,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Ryerson Price Performance

RYI opened at $21.50 on Tuesday. The company has a current ratio of 1.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.62. The company has a market cap of $692.55 million, a price-to-earnings ratio of -30.28 and a beta of 1.79. The stock has a fifty day simple moving average of $22.17 and a two-hundred day simple moving average of $22.04. Ryerson Holding Corporation has a 12-month low of $17.18 and a 12-month high of $27.41.

Ryerson (NYSE:RYI) last released its earnings results on Tuesday, October 28th. The basic materials company reported ($0.46) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.49). The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Ryerson had a negative return on equity of 2.73% and a negative net margin of 0.51%. Ryerson has set its Q4 2025 guidance at -0.280–0.220 EPS. Research analysts predict that Ryerson Holding Corporation will post 1.2 earnings per share for the current fiscal year.

Ryerson Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.5%. Ryerson’s dividend payout ratio (DPR) is currently -105.63%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Ryerson in a research report on Wednesday, November 19th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ryerson presently has an average rating of “Reduce” and an average price target of $25.00.

Ryerson Profile

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing.