Insider Selling: Russel Metals (TSE:RUS) Director Sells C$240,000.00 in Stock

August 15, 2026 by InsiderTrades.com

Key Points

Director James Francis Dinning sold 3,000 Russel Metals shares at C$80 each for total proceeds of C$240,000, reducing his stake by 15.58% to 16,250 shares. He also sold shares in two transactions earlier in the year.
Russel Metals reported quarterly EPS of C$1.63 on C$1.66 billion in revenue and announced a C$0.44 quarterly dividend, equivalent to C$1.76 annually and a 2.2% yield.
Analyst sentiment remains broadly positive, with several firms raising price targets as high as C$94, although insider selling and a consensus target of C$76.89 indicate potential valuation concerns.

Russel Metals Inc. (TSE:RUS - Get Free Report) Director James Francis Dinning sold 3,000 shares of the company's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of C$80.00, for a total transaction of C$240,000.00. Following the completion of the sale, the director directly owned 16,250 shares in the company, valued at approximately C$1,300,000. The trade was a 15.58% decrease in their position.

James Francis Dinning also recently made the following trade(s):

On Friday, May 29th, James Francis Dinning sold 2,500 shares of Russel Metals stock. The stock was sold at an average price of C$62.10, for a total transaction of C$155,250.00.
On Tuesday, May 26th, James Francis Dinning sold 2,500 shares of Russel Metals stock. The shares were sold at an average price of C$60.19, for a total transaction of C$150,475.00.

Russel Metals Trading Down 1.0%

Shares of RUS stock opened at C$79.73 on Friday. The company has a market capitalization of C$4.38 billion, a P/E ratio of 20.34, a P/E/G ratio of 0.59 and a beta of 1.21. Russel Metals Inc. has a 12-month low of C$39.09 and a 12-month high of C$83.12. The company has a quick ratio of 1.44, a current ratio of 2.61 and a debt-to-equity ratio of 27.88. The firm has a 50-day moving average price of C$66.68 and a 200 day moving average price of C$56.76.

Russel Metals (TSE:RUS - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported C$1.63 earnings per share for the quarter. The firm had revenue of C$1.66 billion for the quarter. Russel Metals had a net margin of 4.04% and a return on equity of 13.09%.

Russel Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. Russel Metals's payout ratio is presently 44.13%.

Key Stories Impacting Russel Metals

Here are the key news stories impacting Russel Metals this week:

Positive Sentiment: Analysts see further upside: TD Securities raised its price target to C$94 and maintained a Buy rating, while Scotiabank lifted its target to C$89. Stifel Nicolaus also set an C$85 target, supporting the recent bullish outlook. TD analyst expects Russel Metals stock to rise Scotiabank raises Russel Metals price target
Positive Sentiment: Quarterly dividend announced: Russel Metals declared a C$0.44-per-share quarterly dividend, equivalent to C$1.76 annually and a yield of approximately 2.2%. The dividend may appeal to income-focused investors and signals continued shareholder returns. The ex-dividend date is August 28, with payment scheduled for September 15 to investors of record.
Neutral Sentiment: One director made a small purchase: Director Brian Robie Hedges bought 1,000 shares at an average C$80.48, indicating some confidence near the current trading range. However, the purchase followed a much larger sale by the same director. Russel Metals director buys shares
Negative Sentiment: Insider selling raises caution: Hedges sold 25,000 shares for approximately C$2.04 million on August 11, while Director James Francis Dinning sold another 3,000 shares for C$240,000 on August 13. The combined sales substantially exceed the recent purchase and may weigh on sentiment, particularly with the stock near its 52-week high. Russel Metals insider transactions
Negative Sentiment: Valuation risk remains: Raymond James downgraded the stock to Hold, and the reported consensus target of C$76.89 is below recent trading levels. This suggests the market may already be pricing in much of the expected improvement.

Wall Street Analyst Weigh In

RUS has been the subject of a number of recent analyst reports. National Bank Financial raised their price target on Russel Metals from C$57.00 to C$75.00 and gave the company a "sector perform" rating in a report on Monday, August 10th. Scotia boosted their price objective on Russel Metals from C$54.00 to C$62.00 and gave the stock a "sector outperform" rating in a research note on Thursday, May 7th. TD boosted their price objective on Russel Metals from C$68.00 to C$94.00 and gave the stock a "buy" rating in a research note on Tuesday. Stifel Nicolaus increased their target price on Russel Metals from C$64.00 to C$85.00 and gave the stock a "hold" rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada raised their target price on Russel Metals from C$68.00 to C$92.00 and gave the company an "outperform" rating in a research note on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$76.89.

Read Our Latest Stock Analysis on RUS

About Russel Metals

(Get Free Report)

Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.