2,328 Shares in Steel Dynamics, Inc. $STLD Acquired by Zhang Financial LLC

Posted by Stanley Muller on Jul 19th, 2026

Zhang Financial LLC bought a new stake in shares of Steel Dynamics, Inc. (NASDAQ:STLD – Free Report) in the 1st quarter, Holdings Channel.com reports. The firm bought 2,328 shares of the basic materials company’s stock, valued at approximately $419,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Life Cycle Investment Partners Ltd bought a new position in Steel Dynamics in the fourth quarter worth approximately $586,702,000. Norges Bank purchased a new position in shares of Steel Dynamics during the 4th quarter worth $564,590,000. Boston Partners grew its position in shares of Steel Dynamics by 147.9% during the 4th quarter. Boston Partners now owns 1,793,630 shares of the basic materials company’s stock valued at $303,970,000 after acquiring an additional 1,070,042 shares during the period. Bessemer Group Inc. grew its position in shares of Steel Dynamics by 56,088.1% during the 1st quarter. Bessemer Group Inc. now owns 542,215 shares of the basic materials company’s stock valued at $97,598,000 after acquiring an additional 541,250 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Steel Dynamics by 92.4% in the 4th quarter. Hsbc Holdings PLC now owns 1,030,448 shares of the basic materials company’s stock worth $174,609,000 after purchasing an additional 494,828 shares in the last quarter. 82.41% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Steel Dynamics news, SVP Richard A. Poinsatte sold 2,300 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $6,699,759.98. This trade represents a 7.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP James Stanley Anderson sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $268.70, for a total value of $2,687,000.00. Following the transaction, the senior vice president owned 102,837 shares of the company’s stock, valued at $27,632,301.90. This trade represents a 8.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 22,125 shares of company stock valued at $5,438,226. Company insiders own 6.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on STLD. JPMorgan Chase & Co. decreased their target price on Steel Dynamics from $262.00 to $256.00 and set a “neutral” rating on the stock in a report on Wednesday. Morgan Stanley upped their price target on Steel Dynamics from $227.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Monday, June 22nd. BMO Capital Markets raised their price objective on Steel Dynamics from $195.00 to $240.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Citigroup lifted their price objective on Steel Dynamics from $180.00 to $255.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Finally, Barclays initiated coverage on Steel Dynamics in a research note on Thursday, May 21st. They set an “overweight” rating and a $270.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $239.18.

Read Our Latest Stock Report on STLD

Steel Dynamics Stock Performance

NASDAQ:STLD opened at $235.51 on Friday. The stock has a market capitalization of $34.08 billion, a P/E ratio of 25.19, a P/E/G ratio of 0.44 and a beta of 1.53. The company has a current ratio of 3.13, a quick ratio of 1.33 and a debt-to-equity ratio of 0.46. Steel Dynamics, Inc. has a 12-month low of $119.89 and a 12-month high of $288.74. The stock has a 50-day moving average price of $245.95 and a 200 day moving average price of $208.80.

Steel Dynamics (NASDAQ:STLD – Get Free Report) last posted its earnings results on Tuesday, April 21st. The basic materials company reported $2.78 earnings per share for the quarter, missing analysts’ consensus estimates of $2.79 by ($0.01). The business had revenue of $5.20 billion during the quarter, compared to the consensus estimate of $5.39 billion. Steel Dynamics had a return on equity of 15.54% and a net margin of 7.22%.The business’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.44 earnings per share. Equities research analysts forecast that Steel Dynamics, Inc. will post 16.92 EPS for the current fiscal year.

Steel Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, June 30th. Steel Dynamics’s dividend payout ratio is presently 22.67%.

About Steel Dynamics

(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.