Steel Dynamics Stock News

Tower Bridge Advisors acquired a new stake in shares of Steel Dynamics, Inc. (NASDAQ:STLD) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,500 shares of the basic materials companys stock, valued at approximately $789,000. Other hedge funds and other []

DekaBank Deutsche Girozentrale cut its holdings in shares of Steel Dynamics, Inc. (NASDAQ:STLD) by 18.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,998 shares of the basic materials companys stock after selling 16,564 shares during the quarter. DekaBank Deutsche Girozentrales []

Avantax Advisory Services Inc. bought a new position in shares of Steel Dynamics, Inc. (NASDAQ:STLD) in the third quarter, Holdings Channel reports. The firm bought 5,311 shares of the basic materials company’s stock, valued at approximately $311,000. Other large investors have also recently modified their holdings of the company. Credit Agricole S A purchased a […]

Adams Diversified Equity Fund Inc. raised its holdings in Steel Dynamics, Inc. (NASDAQ:STLD) by 0.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 208,700 shares of the basic materials companys stock after buying an additional 1,300 shares during the quarter. Adams Diversified Equity []

Brokerages predict that Steel Dynamics, Inc. (NASDAQ:STLD) will post earnings of $5.93 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Steel Dynamics earnings. The lowest EPS estimate is $5.55 and the highest is $6.60. Steel Dynamics posted earnings of $0.97 per share in the same quarter []

Assenagon Asset Management S.A. raised its stake in shares of Steel Dynamics, Inc. (NASDAQ:STLD) by 20.1% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 26,616 shares of the basic materials companys stock after buying an additional 4,449 shares during the period. Assenagon Asset Management S.A.s holdings []

Zacks Investment Research upgraded shares of Steel Dynamics (NASDAQ:STLD) from a hold rating to a buy rating in a research note released on Monday morning, Zacks.com reports. The firm currently has $62.00 price target on the basic materials companys stock. According to Zacks, Earnings estimates for Steel Dynamics for the fourth quarter of 2021 have []

Shares of Steel Dynamics, Inc. (NASDAQ:STLD) have been assigned a consensus rating of Buy from the thirteen brokerages that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokerages that have covered []

Steel Dynamics (NASDAQ:STLD) was upgraded by Zacks Investment Research from a hold rating to a buy rating in a report issued on Monday, Zacks.com reports. The brokerage currently has a $62.00 price objective on the basic materials companys stock. Zacks Investment Researchs price target would suggest a potential upside of 4.43% from the companys current []

Here is how Steel Dynamics (STLD) and Veritiv (VRTV) have performed compared to their sector so far this year.

Shares of Steel Dynamics, Inc. (NASDAQ:STLD) have been given a consensus recommendation of Buy by the thirteen brokerages that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered []

Oregon Public Employees Retirement Fund grew its position in shares of Steel Dynamics, Inc. (NASDAQ:STLD) by 1.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 183,667 shares of the basic materials companys stock after purchasing an additional 2,097 shares during the period. Oregon Public []

Steel Dynamics (STLD) closed at $59.09 in the latest trading session, marking a -1.19% move from the prior day.

Symmetry Partners LLC increased its position in shares of Steel Dynamics, Inc. (NASDAQ:STLD) by 29.7% in the third quarter, HoldingsChannel reports. The firm owned 12,115 shares of the basic materials companys stock after purchasing an additional 2,775 shares during the period. Symmetry Partners LLCs holdings in Steel Dynamics were worth $719,000 at the end of []