Dimensional Fund Advisors LP Cuts Position in Steel Dynamics, Inc. $STLD

Posted by Scott Moore on Jul 22nd, 2026

Dimensional Fund Advisors LP lessened its position in Steel Dynamics, Inc. (NASDAQ:STLD – Free Report) by 9.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,964,864 shares of the basic materials company’s stock after selling 195,386 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Steel Dynamics were worth $353,572,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in STLD. NewEdge Advisors LLC boosted its holdings in shares of Steel Dynamics by 307.5% in the 1st quarter. NewEdge Advisors LLC now owns 819 shares of the basic materials company’s stock worth $102,000 after purchasing an additional 618 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Steel Dynamics by 82.7% during the 1st quarter. Acadian Asset Management LLC now owns 3,485 shares of the basic materials company’s stock valued at $435,000 after purchasing an additional 1,578 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Steel Dynamics during the 2nd quarter valued at about $1,019,000. Qube Research & Technologies Ltd purchased a new position in shares of Steel Dynamics during the 2nd quarter valued at about $48,746,000. Finally, Sei Investments Co. lifted its position in Steel Dynamics by 7.9% in the 2nd quarter. Sei Investments Co. now owns 105,051 shares of the basic materials company’s stock worth $13,447,000 after buying an additional 7,712 shares during the last quarter. Hedge funds and other institutional investors own 82.41% of the company’s stock.

Steel Dynamics Trading Up 1.3%

Shares of STLD stock opened at $233.52 on Wednesday. The business has a 50-day moving average of $245.85 and a 200 day moving average of $209.92. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.33. Steel Dynamics, Inc. has a 1-year low of $119.89 and a 1-year high of $288.74. The stock has a market capitalization of $33.80 billion, a PE ratio of 21.17, a P/E/G ratio of 0.44 and a beta of 1.53.

Steel Dynamics (NASDAQ:STLD – Get Free Report) last announced its quarterly earnings results on Monday, July 20th. The basic materials company reported $3.69 EPS for the quarter, topping analysts’ consensus estimates of $3.63 by $0.06. Steel Dynamics had a return on equity of 18.30% and a net margin of 7.83%.The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the firm earned $2.01 EPS. The business’s quarterly revenue was up 33.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Steel Dynamics, Inc. will post 16.92 earnings per share for the current year.

Steel Dynamics Announces Dividend

The company 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 was Tuesday, June 30th. This represents a $2.12 annualized dividend and a dividend yield of 0.9%. Steel Dynamics’s dividend payout ratio (DPR) is currently 22.67%.

Steel Dynamics News Roundup

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

Positive Sentiment: Steel Dynamics reported second-quarter EPS of $3.69 to $3.80, topping analyst estimates, while revenue rose about 33% year over year to roughly $6.1 billion on record steel shipments of 3.7 million tons. Steel Dynamics Reports Second Quarter 2026 Results
Positive Sentiment: Management highlighted improved steel pricing, strong domestic steel and aluminum demand, continued ramp-up in aluminum flat-rolled sheet operations, and $200 million of share repurchases, all of which reinforce the company’s near-term momentum. Steel Dynamics’ second-quarter profit jumps on record shipments, improved pricing
Neutral Sentiment: Analysts remain constructive on the quarter but are flagging stretched valuation, with Bank of America maintaining a Hold rating and a $260 price target, suggesting much of the good news may already be reflected in the stock. Steel Dynamics: Solid Near-Term Beat but Stretched Valuation Keeps Neutral Rating and $260 Price Target Unchanged
Negative Sentiment: Some investors are focusing on the company’s aluminum story and potential execution issues, including startup losses and a non-cash impairment tied to shifting a planned aluminum recycled slab center, which could temper enthusiasm despite the strong quarter. Steel Dynamics (STLD) Earnings Put Its Aluminum Story And Valuation Back In Focus

Analysts Set New Price Targets

Several analysts have issued reports on the company. KeyCorp upped their target price on Steel Dynamics from $241.00 to $262.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 24th. Citigroup lifted their price target on shares of Steel Dynamics from $180.00 to $255.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. BMO Capital Markets boosted their price objective on shares of Steel Dynamics from $195.00 to $240.00 and gave the stock an “outperform” 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 note on Saturday, April 18th. Finally, Barclays assumed coverage on shares of Steel Dynamics in a report on Thursday, May 21st. They set an “overweight” rating and a $270.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $239.18.

View Our Latest Stock Report on Steel Dynamics

Insider Activity

In other Steel Dynamics news, SVP Richard A. Poinsatte sold 2,300 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $234.11, for a total transaction 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 represents a 7.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kenneth W. Cornew sold 5,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $224.87, for a total transaction of $1,124,350.00. Following the completion of the sale, the director directly owned 31,299 shares in the company, valued at approximately $7,038,206.13. This trade represents a 13.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 22,125 shares of company stock valued at $5,438,226 in the last three months. Corporate 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.