Dayah Capital LLC Purchases Shares of 11,000 Steel Dynamics, Inc. $STLD

Posted by Stanley Muller on Jul 31st, 2026

Dayah Capital LLC acquired a new stake in shares of Steel Dynamics, Inc. (NASDAQ:STLD – Free Report) during the 1st quarter, Holdings Channel reports. The firm acquired 11,000 shares of the basic materials company’s stock, valued at approximately $1,980,000. Steel Dynamics accounts for 0.8% of Dayah Capital LLC’s holdings, making the stock its 24th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Prosperity Bancshares Inc bought a new stake in Steel Dynamics in the 4th quarter valued at about $25,000. MV Capital Management Inc. bought a new position in Steel Dynamics in the fourth quarter worth approximately $27,000. Sound Income Strategies LLC boosted 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 acquiring an additional 150 shares in the last quarter. Cedar Mountain Advisors LLC acquired a new stake in Steel Dynamics in the first quarter valued at approximately $31,000. Finally, DV Equities LLC acquired a new stake in Steel Dynamics in the fourth quarter valued at approximately $33,000. Institutional investors own 82.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Citigroup boosted their price objective on Steel Dynamics from $180.00 to $255.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Wall Street Zen raised shares of Steel Dynamics from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Morgan Stanley decreased their price target on shares of Steel Dynamics from $270.00 to $260.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 22nd. Bank of America lowered their price objective on shares of Steel Dynamics from $280.00 to $260.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Steel Dynamics from $256.00 to $260.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $249.00.

Get Our Latest Research Report on Steel Dynamics

Steel Dynamics Stock Up 0.1%

Steel Dynamics stock opened at $252.50 on Friday. Steel Dynamics, Inc. has a fifty-two week low of $119.89 and a fifty-two week high of $288.74. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.45 and a current ratio of 3.18. The firm’s 50-day simple moving average is $248.41 and its 200 day simple moving average is $213.74. The stock has a market cap of $36.19 billion, a PE ratio of 22.89, a price-to-earnings-growth ratio of 0.48 and a beta of 1.53.

Steel Dynamics (NASDAQ:STLD – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The basic materials company reported $3.69 EPS for the quarter, beating the consensus estimate of $3.63 by $0.06. Steel Dynamics had a net margin of 7.83% and a return on equity of 18.12%. The firm 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 company’s revenue for the quarter was up 33.4% on a year-over-year basis. Research analysts predict that Steel Dynamics, Inc. will post 17.16 EPS for the current fiscal year.

Steel Dynamics Announces Dividend

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

Insider Buying and Selling

In other Steel Dynamics news, SVP James Stanley Anderson sold 10,000 shares of the business’s stock in a transaction on Friday, June 5th. The stock was 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 approximately $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 Securities & Exchange Commission, which is accessible through this link. Also, SVP Richard A. Poinsatte sold 2,300 shares of the company’s stock in a transaction 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 transaction, 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 position. The SEC filing for this sale provides additional information. Company insiders own 6.60% of the company’s stock.

Steel Dynamics Company 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.