Steel DynamicsSTLD
About: Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, steel fabrication operations, Aluminum Operations Segment, and others. It generates maximum revenue from the steel operations segment.
Employees: 12,600
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 6 (+3) [Q3]
40% more call options, than puts
Call options by funds: $291M | Put options by funds: $208M
17% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 78
1% more funds holding
Funds holding: 766 [Q2] → 770 (+4) [Q3]
5.4% less ownership
Funds ownership: 84.35% [Q2] → 78.95% (-5.4%) [Q3]
10% less capital invested
Capital invested by funds: $17.2B [Q2] → $15.4B (-$1.8B) [Q3]
19% less repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 312
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Keybanc Philip Gibbs 50% 1-year accuracy 11 / 22 met price target | 14%upside $155 | Overweight Upgraded | 11 Feb 2025 |
Morgan Stanley Carlos De Alba 38% 1-year accuracy 9 / 24 met price target | 7%upside $145 | Equal-Weight Maintained | 3 Feb 2025 |
Jefferies Christopher LeFemina 67% 1-year accuracy 4 / 6 met price target | 7%upside $145 | Buy Upgraded | 24 Jan 2025 |
JP Morgan Bill Peterson 39% 1-year accuracy 12 / 31 met price target | 3%downside $132 | Neutral Maintained | 17 Jan 2025 |
Citigroup Alexander Hacking 67% 1-year accuracy 6 / 9 met price target | 7%upside $145 | Buy Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 15 articles about STLD published over the past 30 days









