Diamond Hill Capital Management LLC Investment Advisor Buys New Stake in Insteel Industries, Inc. $IIIN

Posted by Brenda Bartman on Aug 18th, 2026

Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in Insteel Industries, Inc. (NYSE:IIIN – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 298,778 shares of the company’s stock, valued at approximately $9,023,000. Diamond Hill Capital Management LLC Investment Advisor owned approximately 1.54% of Insteel Industries at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IIIN. Vanguard Group Inc. raised its position in shares of Insteel Industries by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 1,415,156 shares of the company’s stock worth $44,818,000 after acquiring an additional 17,660 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Insteel Industries by 2.3% during the first quarter. Dimensional Fund Advisors LP now owns 1,087,782 shares of the company’s stock worth $36,559,000 after purchasing an additional 24,429 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Insteel Industries by 1.2% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 990,770 shares of the company’s stock valued at $37,986,000 after purchasing an additional 11,931 shares in the last quarter. State Street Corp increased its stake in Insteel Industries by 0.5% in the fourth quarter. State Street Corp now owns 727,168 shares of the company’s stock valued at $23,029,000 after purchasing an additional 3,919 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Insteel Industries by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 484,466 shares of the company’s stock valued at $15,345,000 after purchasing an additional 2,830 shares during the last quarter. 83.27% of the stock is owned by hedge funds and other institutional investors.

Insteel Industries Trading Up 0.6%

IIIN stock opened at $32.80 on Tuesday. The company has a market capitalization of $635.01 million, a P/E ratio of 17.63, a PEG ratio of 1.71 and a beta of 0.50. The business has a 50 day simple moving average of $30.57 and a 200-day simple moving average of $31.28. Insteel Industries, Inc. has a twelve month low of $24.35 and a twelve month high of $39.91.

Insteel Industries (NYSE:IIIN – Get Free Report) last released its quarterly earnings results on Thursday, July 16th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. Insteel Industries had a net margin of 5.14% and a return on equity of 9.92%. The firm had revenue of $197.66 million during the quarter. During the same quarter last year, the company earned $0.78 EPS. Research analysts predict that Insteel Industries, Inc. will post 1.59 EPS for the current fiscal year.

Insteel Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. Insteel Industries’s dividend payout ratio is 6.45%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Wall Street Zen raised shares of Insteel Industries from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Zacks Research raised shares of Insteel Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Finally, Weiss Ratings upgraded shares of Insteel Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Insteel Industries has an average rating of “Buy”.

View Our Latest Analysis on IIIN

About Insteel Industries

(Free Report)

Insteel Industries, Inc is a leading manufacturer of steel wire reinforcing products used in concrete construction. The company specializes in the design, fabrication and distribution of welded-wire reinforcement, cut-and-bent reinforcement and related accessories for concrete walls, floors and columns. Its products are employed across residential, commercial and infrastructure projects, providing structural strength and dimensional stability in poured concrete applications.

Key product lines include truss mats—prefabricated, ladder-like assemblies of welded wire designed for rapid placement—and custom cut-and-bent wire assemblies that meet specific engineering requirements.