Banque Cantonale Vaudoise Makes New $2.95 Million Investment in Gerdau S.A. $GGB

Posted by Brian Himes on May 21st, 2026

Banque Cantonale Vaudoise purchased a new position in Gerdau S.A. (NYSE:GGB – Free Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 800,000 shares of the basic materials company’s stock, valued at approximately $2,952,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GGB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Gerdau by 68.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,634 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 3,931 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Gerdau by 95.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 10,687 shares of the basic materials company’s stock worth $31,000 after buying an additional 5,216 shares during the period. Wealthstream Advisors Inc. acquired a new stake in Gerdau during the 3rd quarter worth about $32,000. Aster Capital Management DIFC Ltd acquired a new stake in Gerdau during the 3rd quarter worth about $34,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Gerdau during the 3rd quarter worth about $34,000. 1.49% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on GGB shares. Scotiabank upgraded Gerdau from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 26th. JPMorgan Chase & Co. boosted their price objective on Gerdau from $5.00 to $5.50 and gave the stock an “overweight” rating in a report on Monday, April 13th. Weiss Ratings restated a “hold (c)” rating on shares of Gerdau in a report on Friday, March 27th. Itau BBA Securities upgraded Gerdau from a “market perform” rating to an “outperform” rating and set a $4.60 price objective on the stock in a report on Wednesday, April 1st. Finally, UBS Group restated a “buy” rating and set a $5.25 price objective (up from $4.60) on shares of Gerdau in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $5.12.

Check Out Our Latest Analysis on GGB

Gerdau Price Performance

Shares of GGB opened at $4.70 on Thursday. The business’s 50-day moving average is $4.07 and its 200-day moving average is $3.94. Gerdau S.A. has a fifty-two week low of $2.61 and a fifty-two week high of $4.98. The company has a market capitalization of $9.39 billion, a price-to-earnings ratio of 29.35 and a beta of 1.51. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.76 and a quick ratio of 1.29.

Gerdau (NYSE:GGB – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.05). Gerdau had a return on equity of 6.76% and a net margin of 2.40%.The firm had revenue of $3.22 billion during the quarter, compared to analyst estimates of $3.36 billion. Equities research analysts expect that Gerdau S.A. will post 0.51 EPS for the current fiscal year.

Gerdau Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Friday, May 15th will be issued a $0.0361 dividend. This is an increase from Gerdau’s previous quarterly dividend of $0.02. This represents a $0.14 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, May 15th. Gerdau’s dividend payout ratio is currently 75.00%.

Insider Transactions at Gerdau

In related news, EVP Marcos Eduardo Fara Wahrhaftig sold 12,419 shares of the stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $4.06, for a total value of $50,421.14. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Chia Yuan Wang sold 76,700 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $4.49, for a total value of $344,383.00. Following the completion of the transaction, the insider owned 92,195 shares in the company, valued at $413,955.55. This represents a 45.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 823,856 shares of company stock valued at $3,722,025 in the last ninety days. 0.02% of the stock is currently owned by insiders.

Gerdau Profile

(Free Report)

Gerdau SA is a Brazilian-based steel producer engaged in the manufacture and distribution of long steel products for the construction, industrial and agricultural sectors. Established in 1901, the company operates an integrated network of electric-arc furnaces and rolling mills, producing reinforcement bars, wire rod, merchant bars and structural shapes. Gerdau’s product portfolio also includes specialty long steel, high-yield reinforcement, rail, beams and steel coils, as well as value-added processing services such as cutting, bending and coating.

The company has expanded its footprint beyond Brazil, with significant operations in North America, South America and a presence in select European markets.