Ternium
About: Ternium SA is a flat steel producer operating in Mexico, Brazil, Argentina, Colombia, the southern United States, and Central America. It produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers and steel processors or end-users. The company operates in two segments: Steel and Mining. In its Steel segment, the company produces slabs, billets & round bars, hot-rolled coils & sheets, bars & stirrups, wire rods, steel pipes, and other products. The Mining segment sells iron ore as concentrates (fines) and pellets. The vast majority of its revenue comes from the Steel segment and geographically from Mexico.
Employees: 33,949
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
0.01% less ownership
Funds ownership: 1.16% [Q3] → 1.15% (-0.01%) [Q4]
4% less call options, than puts
Call options by funds: $1.98M | Put options by funds: $2.06M
13% less funds holding
Funds holding: 135 [Q3] → 117 (-18) [Q4]
22% less capital invested
Capital invested by funds: $842M [Q3] → $659M (-$183M) [Q4]
38% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 48
56% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 32
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Goldman Sachs Thiago Ojea 0% 1-year accuracy 0 / 2 met price target | 21%upside $35 | Buy Maintained | 3 Apr 2025 |
UBS Caio Greiner 0% 1-year accuracy 0 / 1 met price target | 11%upside $32 | Neutral Initiated | 12 Mar 2025 |
Financial journalist opinion
