Steel Dynamics, Inc. $STLD Stock Holdings Lowered by Robeco Institutional Asset Management B.V.

21 Oct 2026, 09:29 by Kim Johansen · The Markets Daily

Robeco Institutional Asset Management B.V. reduced its holdings in Steel Dynamics, Inc. (NASDAQ:STLD – Free Report) by 14.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 922,899 shares of the basic materials company’s stock after selling 158,036 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Steel Dynamics were worth $204,524,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of STLD. BlackRock Inc. acquired a new position in shares of Steel Dynamics during the 2nd quarter worth approximately $2,844,501,000. Bank of America Corp DE acquired a new stake in Steel Dynamics in the 2nd quarter valued at $264,212,000. Bank of New York Mellon Corp purchased a new stake in Steel Dynamics in the 2nd quarter worth $211,159,000. Deutsche Bank AG purchased a new stake in Steel Dynamics in the 2nd quarter worth $126,579,000. Finally, Bessemer Group Inc. increased its holdings in Steel Dynamics by 56,088.1% in the 1st quarter. Bessemer Group Inc. now owns 542,215 shares of the basic materials company’s stock worth $97,598,000 after acquiring an additional 541,250 shares in the last quarter. 82.41% of the stock is owned by institutional investors and hedge funds.

More Steel Dynamics News

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

Positive Sentiment: Steel Dynamics reported record steel shipments of 3.8 million tons, third-quarter sales of approximately $6.51 billion—up 34.8% year over year—and net income of $756 million, compared with $403.7 million a year earlier. Higher steel prices, lower scrap costs, wider metal spreads, and reduced imports supported profitability. Steel Dynamics Reports Third Quarter 2026 Results
Positive Sentiment: Adjusted EBITDA reached $1.2 billion, operating cash flow was $846 million, and liquidity totaled $2.4 billion. The company also repurchased $276 million, or roughly 1%, of its common stock. A swelling backlog and continued strong steel demand provide potential support for future results. Steel Dynamics Q3 2026: Record Shipments, Narrow Miss, Swelling Backlog
Neutral Sentiment: Steel Dynamics announced leadership promotions intended to support long-term growth and operational excellence. The changes are strategically relevant but are unlikely to materially affect near-term earnings. Steel Dynamics Announces Leadership Promotions
Negative Sentiment: Quarterly EPS was $5.26, below the analyst consensus of $5.48 and below Steel Dynamics’ prior guidance of $5.34–$5.38. Metals-recycling operating income declined sequentially, while aluminum volumes were hurt by production yield and quality issues. Investors appear to be treating the strong results as largely priced in, increasing the impact of the narrow earnings miss. Steel Dynamics Falls After Q3 EPS Miss Despite Record Shipments
Negative Sentiment: Recent insider-trading data cited 13 open-market insider sales and no purchases over the past six months. This is a secondary concern, but it may add to investor caution alongside the earnings miss. Insider Trading Data

Steel Dynamics Stock Down 0.3%

Shares of NASDAQ STLD opened at $244.37 on Wednesday. Steel Dynamics, Inc. has a 12-month low of $146.11 and a 12-month high of $288.74. The company has a current ratio of 3.18, a quick ratio of 1.45 and a debt-to-equity ratio of 0.45. The stock has a market cap of $35.03 billion, a PE ratio of 18.03, a P/E/G ratio of 0.35 and a beta of 1.48. The company has a 50-day moving average of $238.13 and a 200 day moving average of $237.54.

Steel Dynamics (NASDAQ:STLD – Get Free Report) last announced its quarterly earnings data on Monday, October 19th. The basic materials company reported $5.26 EPS for the quarter, missing analysts’ consensus estimates of $5.48 by ($0.22). The company had revenue of $6.51 billion for the quarter, compared to analysts’ expectations of $6.43 billion. Steel Dynamics had a return on equity of 21.95% and a net margin of 8.82%. The business’s quarterly revenue was up 34.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.74 EPS. As a group, sell-side analysts predict that Steel Dynamics, Inc. will post 18.13 EPS for the current fiscal year.

Steel Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Wednesday, September 30th were paid a $0.53 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.9%. Steel Dynamics’s dividend payout ratio (DPR) is 19.22%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on STLD. The Goldman Sachs Group restated a “buy” rating and set a $299.00 price objective on shares of Steel Dynamics in a research report on Tuesday. Wall Street Zen lowered shares of Steel Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 20th. KeyCorp reiterated an “overweight” rating on shares of Steel Dynamics in a research report on Wednesday, July 22nd. Bank of America cut their target price on shares of Steel Dynamics from $280.00 to $260.00 and set a “neutral” rating for the company in a research note on Thursday, July 9th. Finally, Barclays upped their price target on shares of Steel Dynamics from $272.00 to $285.00 and gave the stock an “overweight” rating in a research report on Monday. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Steel Dynamics has an average rating of “Moderate Buy” and a consensus price target of $258.55.

Read Our Latest Analysis on Steel Dynamics

About Steel Dynamics

(Free Report)

Steel Dynamics, Inc is a steel producer and metals recycler headquartered in Fort Wayne, Indiana. The company manufactures steel products using electric arc furnace technology and serves customers across industries such as construction, automotive, manufacturing, and energy.

Its operations include the production of flat rolled steel, long steel products, structural steel, rail, and specialty products. Steel Dynamics also provides steel processing and fabrication services, including the manufacture of steel joists, deck systems, and other components used in commercial and industrial construction.