Steel Dynamics, Inc. $STLD Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lowered its holdings in Steel Dynamics, Inc. (NASDAQ:STLD) by 7.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 45,510 shares of the basic materials company’s stock after selling 3,454 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Steel Dynamics were worth $6,341,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Trust Co. of Toledo NA OH acquired a new stake in Steel Dynamics in the 2nd quarter valued at $30,000. Rosenberg Matthew Hamilton boosted its position in shares of Steel Dynamics by 306.2% in the second quarter. Rosenberg Matthew Hamilton now owns 264 shares of the basic materials company’s stock worth $34,000 after buying an additional 199 shares during the period. Toth Financial Advisory Corp grew its stake in shares of Steel Dynamics by 50.0% in the third quarter. Toth Financial Advisory Corp now owns 300 shares of the basic materials company’s stock valued at $42,000 after buying an additional 100 shares in the last quarter. Covestor Ltd raised its holdings in shares of Steel Dynamics by 44.3% during the 3rd quarter. Covestor Ltd now owns 303 shares of the basic materials company’s stock valued at $42,000 after buying an additional 93 shares during the period. Finally, CNB Bank acquired a new position in Steel Dynamics during the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 82.41% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on STLD shares. KeyCorp reaffirmed an “overweight” rating and issued a $190.00 price objective on shares of Steel Dynamics in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Steel Dynamics in a report on Monday, December 29th. Citigroup boosted their price objective on shares of Steel Dynamics from $150.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. BMO Capital Markets upped their price objective on shares of Steel Dynamics from $155.00 to $167.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Jefferies Financial Group lifted their target price on Steel Dynamics from $180.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $182.00.

Key Steel Dynamics News

Here are the key news stories impacting Steel Dynamics this week:

• Positive Sentiment: Q4 EPS beat and margin resilience — STLD reported $1.82 EPS vs. $1.72 consensus and held margins thanks to lower scrap costs, supporting near-term profitability. Steel Dynamics (STLD) Q4 Earnings Top Estimates
• Positive Sentiment: Record shipments and aluminum ramp — Management reported record steel shipments and early commercial aluminum production that is already EBITDA-positive, creating a new growth vector beyond steel. Steel Dynamics Smashes 52-Week High On Record Steel Shipments
• Positive Sentiment: Capital-return strategy intact — Company emphasizes aggressive share buybacks and steady dividend growth supported by cash flow, which boosts EPS per share over time. Steel Dynamics Reinforces Outlook: Higher Highs Coming
• Neutral Sentiment: Revenue miss — Q4 revenue of ~$4.41B missed consensus (~$4.62B), indicating some top-line pressure from weaker recycling and fabrication segments despite overall volume strength. Steel Dynamics Tops Q4 Earnings, Misses Revenue Estimates
• Neutral Sentiment: Outlook but no firm 2026 guidance — Management sounded constructive on demand and margins but did not give explicit 2026 guidance, leaving some uncertainty on pacing of recovery. Steel Dynamics Reinforces Outlook: Higher Highs Coming
• Negative Sentiment: Valuation questions — Several analysts note free cash flow is inflecting but valuation looks full, which could limit further multiple expansion absent clearer top-line traction. Steel Dynamics: Free Cash Flow Inflecting, But Valuation Is Full
• Negative Sentiment: Profit-taking / distribution risk — Coverage notes rising institutional distribution and short interest that could cap near-term gains and explain intraday pullbacks despite the EPS beat. Steel Dynamics Falls on Earnings Beat. It Still Offers Hope for the Sector in 2026.

Steel Dynamics Trading Up 1.3%

NASDAQ STLD opened at $175.65 on Wednesday. The company has a market capitalization of $25.65 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 0.73 and a beta of 1.48. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.11 and a quick ratio of 1.47. Steel Dynamics, Inc. has a 12 month low of $103.17 and a 12 month high of $185.56. The company’s fifty day moving average price is $170.50 and its two-hundred day moving average price is $149.67.

Steel Dynamics (NASDAQ:STLD) last issued its earnings results on Monday, January 26th. The basic materials company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.10. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.62 billion. Steel Dynamics had a net margin of 6.52% and a return on equity of 13.58%. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.36 EPS. As a group, research analysts predict that Steel Dynamics, Inc. will post 9.01 earnings per share for the current fiscal year.

Steel Dynamics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 31st. Steel Dynamics’s dividend payout ratio (DPR) is currently 26.49%.

Steel Dynamics Profile

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.