Myers Industries, Inc. $MYE Shares Sold by Pzena Investment Management LLC

Posted by Brenda Bartman on Nov 6th, 2026

Pzena Investment Management LLC lowered its stake in shares of Myers Industries, Inc. (NYSE:MYE – Free Report) by 94.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 45,178 shares of the industrial products company’s stock after selling 735,836 shares during the period. Pzena Investment Management LLC’s holdings in Myers Industries were worth $1,390,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of MYE. Public Employees Retirement System of Ohio bought a new position in Myers Industries in the second quarter worth about $40,000. NewEdge Advisors LLC purchased a new stake in Myers Industries in the first quarter worth about $43,000. Integrated Wealth Concepts LLC bought a new stake in Myers Industries during the 2nd quarter valued at approximately $112,000. Quantbot Technologies LP bought a new stake in Myers Industries during the 2nd quarter valued at approximately $192,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of Myers Industries during the 2nd quarter worth approximately $209,000. Hedge funds and other institutional investors own 90.82% of the company’s stock.

Wall Street Analyst Weigh In

MYE has been the subject of several research reports. Wall Street Zen lowered Myers Industries from a “buy” rating to a “hold” rating in a research report on Saturday, October 31st. Weiss Ratings upgraded Myers Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, October 27th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $37.00.

Read Our Latest Stock Analysis on MYE

Myers Industries Stock Performance

Shares of MYE stock opened at $26.84 on Friday. Myers Industries, Inc. has a 12 month low of $16.66 and a 12 month high of $37.45. The stock has a market cap of $1.01 billion, a PE ratio of 35.32 and a beta of 0.84. The company has a current ratio of 1.89, a quick ratio of 1.37 and a debt-to-equity ratio of 0.94. The company’s fifty day moving average price is $31.05 and its 200-day moving average price is $26.72.

Myers Industries (NYSE:MYE – Get Free Report) last released its earnings results on Thursday, October 29th. The industrial products company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.13). The business had revenue of $171.34 million during the quarter, compared to analysts’ expectations of $163.80 million. Myers Industries had a return on equity of 20.34% and a net margin of 3.99%. During the same period in the prior year, the company earned $0.19 earnings per share.

Myers Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 6th. Investors of record on Friday, December 4th will be paid a dividend of $0.1350 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.54 annualized dividend and a yield of 2.0%. Myers Industries’s payout ratio is presently 71.05%.

Myers Industries Company Profile

(Free Report)

Myers Industries, Inc is a manufacturer and distributor of products serving industrial, agricultural, automotive, commercial and consumer markets. Founded in 1933 and headquartered in Akron, Ohio, the company operates primarily in North America.

Through its material-handling businesses, Myers Industries produces reusable plastic containers, totes, pallets, drums, tanks and other molded products. These products are used to store, transport and protect materials across industries such as manufacturing, food processing, agriculture, healthcare and logistics.

The company also distributes tire-service supplies, equipment and related products to tire dealers, retreaders, commercial fleets and automotive service providers.