EULAV Asset Management 13F: Exits Steel Dynamics (STLD) Stake

EULAV Asset Management sold its entire position of 17,000 shares in Steel Dynamics, Inc. (STLD), valued at about $4.1 million, in a filing on October 23, 2026. This move indicates a complete exit from the stock, which had previously been a part of the fund's portfolio.

STLD Steel Dynamics, Inc.

$241.07 ▲ +37.99% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Steel Dynamics Fits in EULAV Asset Management's Portfolio

EULAV's stake in Steel Dynamics was worth approximately 0.1% of its reported 13F value. The fund's decision to sell out reflects a significant change in its investment strategy regarding this stock.

Other Institutional Activity in Steel Dynamics

Life Cycle Investment Partners Ltd reduced its stake by 397,454 shares, ending with 2,298,976 shares valued at about $546.1 million. This reduction represents a 14.7% decrease in their holdings.

Steel Dynamics, Inc. Stock Down 1.7%

Steel Dynamics shares recently traded around $237.53, which is about 1.7% below the closing price of $241.53 on October 23, 2026. The stock is currently about 17.7% below its 52-week high of $288.74, but still 58.3% above its 52-week low of $150.03.

Recent Earnings

Steel Dynamics reported trailing twelve-month revenue of about $22.2 billion and an EPS of $13.54. The next earnings report is scheduled for January 25, 2027.

Dividend

Steel Dynamics pays an annual dividend rate of $2.12, which translates to a yield of 0.88%. The dividend payout ratio stands at 18.7%.

Insider Buying and Selling at Steel Dynamics, Inc.

Several insiders sold shares earlier this year. Director Kenneth W. Cornew sold 5,000 shares on April 23, 2026, while Officer Richard A. Poinsatte sold 2,300 shares on May 12, 2026, at an average price of $234.11. Officer Christopher A. Graham sold 9,000 shares on May 13, 2026, and Officer James Stanley Anderson sold 10,000 shares on June 5, 2026.

Analysts Set New Price Targets

On October 23, 2026, Barclays maintained its Overweight rating on Steel Dynamics while lowering its price target from $285.00 to $280.00. Keybanc also maintained its Overweight rating, adjusting its target from $262.00 to $265.00. The consensus price target among analysts is $272.68, with 14 opinions supporting a buy recommendation.

About Steel Dynamics

Steel Dynamics, Inc. operates as a steel producer and metal recycler in the United States, with operations in steel production, metals recycling, steel fabrication, and aluminum production. This strategic exit by EULAV Asset Management may suggest a shift in focus towards other investment opportunities.

Bottom Line

Investors will want to keep an eye on Steel Dynamics as it approaches its next earnings date on January 25, 2027. EULAV's exit from the stock could signal a change in market sentiment, and further filings will provide more insight into institutional strategies.