Donald Smith & CO. Inc. Invests $49.04 Million in Ryerson Holding $RYZ

Posted by Brian Himes on Aug 22nd, 2026

Donald Smith & CO. Inc. acquired a new stake in Ryerson Holding (NYSE:RYZ – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,992,517 shares of the company’s stock, valued at approximately $49,036,000.

Several other large investors also recently modified their holdings of RYZ. Robotti Robert acquired a new position in Ryerson in the second quarter valued at $9,102,000. Bank of New York Mellon Corp bought a new stake in Ryerson during the second quarter valued at $10,692,000. BlackRock Inc. acquired a new stake in Ryerson during the 2nd quarter worth about $120,378,000. Deutsche Bank AG acquired a new stake in Ryerson during the 2nd quarter worth about $1,273,000. Finally, Great Lakes Advisors LLC acquired a new stake in Ryerson during the 2nd quarter worth about $589,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on RYZ. Wall Street Zen raised Ryerson from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Zacks Research cut Ryerson from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 24th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on RYZ

Ryerson Stock Up 4.3%

Shares of RYZ opened at $25.22 on Friday. Ryerson Holding has a 12-month low of $19.34 and a 12-month high of $32.00. The stock has a fifty day moving average price of $27.56. The company has a current ratio of 2.21, a quick ratio of 1.04 and a debt-to-equity ratio of 0.73. The company has a market cap of $1.31 billion, a PE ratio of -20.34 and a beta of 1.65.

Ryerson (NYSE:RYZ – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.12. Ryerson had a negative net margin of 0.56% and a negative return on equity of 0.62%. The business had revenue of $2.01 billion during the quarter. Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. On average, analysts expect that Ryerson Holding will post 1.1 EPS for the current year.

Ryerson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, September 3rd. Ryerson’s dividend payout ratio (DPR) is currently -60.48%.

Insider Activity

In related news, CAO Molly D. Kannan sold 1,000 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $30.00, for a total value of $30,000.00. Following the transaction, the chief accounting officer owned 24,636 shares of the company’s stock, valued at approximately $739,080. This trade represents a 3.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark S. Silver sold 11,174 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $27.91, for a total transaction of $311,866.34. Following the completion of the transaction, the executive vice president directly owned 120,181 shares in the company, valued at approximately $3,354,251.71. The trade was a 8.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 15,674 shares of company stock valued at $443,126. 6.58% of the stock is currently owned by insiders.

About Ryerson

(Free Report)

Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.