Healthcare of Ontario Pension Plan Trust Fund Sells 144,723 Shares of Steel Dynamics, Inc. $STLD

Posted by Geri Gentry on Aug 2nd, 2026

Healthcare of Ontario Pension Plan Trust Fund lowered its position in Steel Dynamics, Inc. (NASDAQ:STLD – Free Report) by 94.4% during the first quarter, Holdings Channel reports. The institutional investor owned 8,624 shares of the basic materials company’s stock after selling 144,723 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Steel Dynamics were worth $1,552,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Prosperity Bancshares Inc purchased a new stake in Steel Dynamics during the fourth quarter valued at approximately $25,000. MV Capital Management Inc. purchased a new position in Steel Dynamics in the fourth quarter worth $27,000. Sound Income Strategies LLC grew its holdings in Steel Dynamics by 1,500.0% in the fourth quarter. Sound Income Strategies LLC now owns 160 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 150 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new position in shares of Steel Dynamics during the first quarter worth $31,000. Finally, DV Equities LLC acquired a new position in shares of Steel Dynamics during the fourth quarter worth $33,000. Institutional investors own 82.41% of the company’s stock.

Analysts Set New Price Targets

STLD has been the subject of several analyst reports. Weiss Ratings upgraded Steel Dynamics from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. upped their target price on Steel Dynamics from $256.00 to $260.00 and gave the company a “neutral” rating in a research report on Wednesday, July 22nd. Barclays increased their price target on Steel Dynamics from $270.00 to $272.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Morgan Stanley lowered their price target on Steel Dynamics from $270.00 to $260.00 and set an “equal weight” rating for the company in a report on Wednesday, July 22nd. Finally, BMO Capital Markets boosted their price target on Steel Dynamics from $195.00 to $240.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $249.00.

Check Out Our Latest Stock Analysis on STLD

Insider Activity

In related news, SVP James Stanley Anderson sold 10,000 shares of Steel Dynamics stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $268.70, for a total transaction of $2,687,000.00. Following the completion of the sale, the senior vice president owned 102,837 shares of the company’s stock, valued at $27,632,301.90. The trade was a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Richard A. Poinsatte sold 2,300 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $234.11, for a total value of $538,453.00. Following the completion of the sale, the senior vice president owned 28,618 shares in the company, valued at approximately $6,699,759.98. This represents a 7.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 6.60% of the company’s stock.

Steel Dynamics Price Performance

NASDAQ STLD opened at $251.26 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.18 and a quick ratio of 1.45. The stock’s fifty day moving average price is $248.64 and its 200 day moving average price is $214.00. Steel Dynamics, Inc. has a 1 year low of $119.89 and a 1 year high of $288.74. The company has a market cap of $36.01 billion, a price-to-earnings ratio of 22.78, a PEG ratio of 0.47 and a beta of 1.53.

Steel Dynamics (NASDAQ:STLD – Get Free Report) last issued its earnings results on Tuesday, July 21st. The basic materials company reported $3.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.63 by $0.06. Steel Dynamics had a return on equity of 18.12% and a net margin of 7.83%.The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $5.56 billion. During the same quarter last year, the business posted $2.01 EPS. The firm’s quarterly revenue was up 33.4% on a year-over-year basis. As a group, equities research analysts forecast that Steel Dynamics, Inc. will post 17.16 earnings per share for the current year.

Steel Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, June 30th. Steel Dynamics’s dividend payout ratio (DPR) is presently 19.22%.

Steel Dynamics Profile

(Free Report)

Steel Dynamics, Inc is a U.S.-based, diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company manufactures a broad range of steel products and provides downstream processing, coating and fabrication services to industrial customers. Its operations combine steelmaking using electric-arc furnaces with extensive metals recycling capabilities, allowing Steel Dynamics to convert scrap ferrous and nonferrous materials into finished steel products.

The company’s product portfolio includes flat-rolled steel (coiled and sheet products), structural steel and fabricated components, along with coated and painted steel used in consumer, industrial and construction applications.