Gerdau (NYSE:GGB) EVP Sells 51,800 Shares of Stock

September 22, 2026 by InsiderTrades.com

Key Points

Executive sale: EVP Rafael Gamboa Lopes sold 51,800 Gerdau shares for approximately $263,662, reducing his direct stake by 38.31% to 83,399 shares.
Financial performance: Gerdau reported quarterly EPS of $0.15, in line with estimates, while revenue of $3.45 billion exceeded consensus expectations of $3.41 billion.
Dividend and outlook: The company increased its quarterly dividend to $0.0448 per share, representing a 3.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $5.57.

Gerdau S.A. (NYSE:GGB - Get Free Report) EVP Rafael Gamboa Lopes sold 51,800 shares of Gerdau stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $5.09, for a total value of $263,662.00. Following the sale, the executive vice president directly owned 83,399 shares of the company's stock, valued at $424,500.91. This represents a 38.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Gerdau Stock Performance

Gerdau stock opened at $5.01 on Tuesday. The business's 50-day moving average price is $4.82 and its two-hundred day moving average price is $4.42. The stock has a market cap of $9.84 billion, a PE ratio of 21.78 and a beta of 1.49. Gerdau S.A. has a 12-month low of $3.03 and a 12-month high of $5.18. The company has a quick ratio of 1.30, a current ratio of 2.87 and a debt-to-equity ratio of 0.26.

Gerdau (NYSE:GGB - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.15 earnings per share for the quarter, meeting analysts' consensus estimates of $0.15. The business had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.41 billion. Gerdau had a return on equity of 7.97% and a net margin of 3.37%. As a group, analysts expect that Gerdau S.A. will post 0.55 earnings per share for the current fiscal year.

Gerdau Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, August 21st were paid a dividend of $0.0448 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Friday, August 21st. This is a positive change from Gerdau's previous quarterly dividend of $0.04. Gerdau's dividend payout ratio is presently 65.22%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. boosted its holdings in shares of Gerdau by 49.2% in the 4th quarter. Donald Smith & CO. Inc. now owns 24,211,588 shares of the basic materials company's stock valued at $89,341,000 after buying an additional 7,982,296 shares in the last quarter. Bank of America Corp DE increased its position in Gerdau by 11,393.6% during the 1st quarter. Bank of America Corp DE now owns 13,222,623 shares of the basic materials company's stock worth $47,734,000 after purchasing an additional 13,107,580 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Gerdau by 76.1% in the 1st quarter. Renaissance Technologies LLC now owns 10,936,524 shares of the basic materials company's stock worth $39,481,000 after buying an additional 4,725,200 shares during the last quarter. Engineers Gate Manager LP raised its position in shares of Gerdau by 124.7% in the 2nd quarter. Engineers Gate Manager LP now owns 7,010,275 shares of the basic materials company's stock worth $28,322,000 after buying an additional 3,890,093 shares during the period. Finally, Assenagon Asset Management S.A. acquired a new position in Gerdau during the second quarter valued at approximately $16,291,000. Institutional investors and hedge funds own 1.49% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GGB. HSBC lowered Gerdau from a "buy" rating to a "hold" rating in a research note on Thursday, August 20th. Weiss Ratings raised shares of Gerdau from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, August 5th. UBS Group reiterated a "buy" rating and issued a $6.10 price target (up from $5.70) on shares of Gerdau in a research report on Thursday, August 27th. JPMorgan Chase & Co. increased their price objective on shares of Gerdau from $6.00 to $6.50 and gave the company an "overweight" rating in a research note on Friday, September 4th. Finally, The Goldman Sachs Group downgraded shares of Gerdau to a "neutral" rating in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Gerdau currently has a consensus rating of "Hold" and a consensus target price of $5.57.

Check Out Our Latest Research Report on Gerdau

Gerdau Company Profile

(Get Free Report)

Gerdau SA is a Brazil-based steel producer whose American depositary shares trade on the New York Stock Exchange under the symbol GGB. The company manufactures and sells steel products for construction, industrial, agricultural, automotive and other end markets.

Its product portfolio includes long steel products such as rebar, wire rod, structural sections and merchant bars, as well as specialty steel and selected flat steel products. Gerdau also operates steel mills and scrap-processing facilities, using recycled ferrous scrap as an important raw material, and has activities connected with iron ore and other steelmaking inputs.

Founded in 1901, Gerdau has expanded from its Brazilian origins into one of the major steel producers in the Americas.