Company Gerdau S.A. Nyse

Equities

GGB

US3737371050

Iron & Steel

Market Closed - Nyse 04:00:02 2024-04-17 pm EDT 5-day change 1st Jan Change
4.29 USD +0.47% Intraday chart for Gerdau S.A. +14.65% +6.14%

Business Summary

Gerdau S.A. is one of the world's leading producers of long steels.

As of the end of 2018, the group has 41 steel mills worldwide.

Net sales break down geographically as follows: Brazil (37.4%), South America (10.4%), North America (51%), Europe and Asia (1.2%).

Number of employees: 30,000

Sales per Business

BRL in Million2022Weight2023Weight Delta
North America Operation
39.0 %
31,099 37.7 % 26,858 39.0 % -13.64%
Brazil Operation
38.9 %
32,971 40.0 % 26,831 38.9 % -18.62%
Specialty Steel Operation
16.5 %
13,626 16.5 % 11,385 16.5 % -16.45%
South America Operation
7.4 %
7,180 8.7 % 5,118 7.4 % -28.71%
Eliminations and Adjustments
-1.9 %
-2,464 -3.0 % -1,275 -1.9 % -48.25%

Sales per region

BRL in Million2022Weight2023Weight Delta
North America
48.1 %
37,701 45.7 % 33,179 48.1 % -12.00%
Brazil
40.2 %
36,417 44.2 % 27,734 40.2 % -23.84%
Latin America
11.6 %
8,294 10.1 % 8,003 11.6 % -3.51%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 17-12-31
Director of Finance/CFO - 04-12-31
Director/Board Member 60 81-12-31
Director/Board Member 61 79-12-31
Corporate Secretary - -
Corporate Officer/Principal - -
Corporate Officer/Principal 50 -
Corporate Officer/Principal 52 -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 61 79-12-31
Director/Board Member 60 81-12-31
Director/Board Member 49 18-12-31
Director/Board Member 52 -
Chief Executive Officer 51 17-12-31
Chairman 53 -
Director/Board Member 62 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 600,526,442 14,732,596 ( 2.453 %) 0 66.23 %
Stock B 1 1,156,540,608 1,148,995,967 ( 99.35 %) 7,544,641 ( 0.6523 %)

Shareholders

NameEquities%Valuation
GIC Pte Ltd. (Investment Management)
5.179 %
59,898,832 5.179 % 266 M $
BTG Pactual WM Gestão de Recursos Ltda.
1.169 %
13,518,552 1.169 % 60 M $
Itaú Unibanco SA
0.7006 %
8,103,197 0.7006 % 36 M $
BB Gestão de Recursos DTVM SA
0.6272 %
7,253,531 0.6272 % 32 M $
Bram Bradesco Asset Management S/A DTVM
0.4610 %
5,331,602 0.4610 % 24 M $
Santander Brasil Asset Management DTVM SA
0.3873 %
4,479,290 0.3873 % 20 M $
GERDAU S.A.
0.3863 %
4,468,116 0.3863 % 20 M $
XP Gestão de Recursos Ltda.
0.3711 %
4,291,951 0.3711 % 19 M $
Caixa Econômica Federal
0.3130 %
3,619,867 0.3130 % 16 M $
BTG Pactual Asset Management S/A DTVM
0.2949 %
3,410,558 0.2949 % 15 M $
NameEquities%Valuation
Capital Research & Management Co. (International Investors)
7.930 %
91,708,872 7.930 % 405 M $
Fidelity Management & Research Co. LLC
3.033 %
35,082,446 3.033 % 155 M $
Contrarian Capital Management LLC
1.577 %
18,240,285 1.577 % 81 M $
Acadian Asset Management LLC
1.232 %
14,244,216 1.232 % 63 M $
Dimensional Fund Advisors LP
1.174 %
13,574,828 1.174 % 60 M $
Fidelity Management & Research (Hong Kong) Ltd.
0.8693 %
10,053,700 0.8693 % 44 M $
Causeway Capital Management LLC
0.6363 %
7,358,971 0.6363 % 33 M $
Arrowstreet Capital LP
0.6280 %
7,263,562 0.6280 % 32 M $
BlackRock Institutional Trust Co. NA
0.6087 %
7,040,307 0.6087 % 31 M $
Grantham, Mayo, Van Otterloo & Co. LLC
0.5368 %
6,207,891 0.5368 % 27 M $
NameEquities%Valuation
585,793,846 97.55 % 2 343 M $
Mauá Investimentos Ltda.
0.2177 %
1,307,565 0.2177 % 5 M $
Irish Life Investment Managers Ltd.
0.1914 %
1,149,459 0.1914 % 5 M $
PFA Kapitalforvaltning Fondsmæglerselskab A/S
0.1070 %
642,805 0.1070 % 3 M $
Laegernes Bank A/S (Invt Mgmt)
0.1058 %
635,116 0.1058 % 3 M $
Credit Suisse Asset Management LLC
0.0741 %
445,228 0.0741 % 2 M $
OP Asset Management Ltd.
0.0665 %
399,199 0.0665 % 2 M $
Russell Investments Ltd.
0.0587 %
352,698 0.0587 % 1 M $
MP Investment Management A/S
0.0373 %
224,205 0.0373 % 896 721 $
Goldman Sachs Advisors BV
0.0331 %
198,587 0.0331 % 794 261 $

Holdings

NameEquities%Valuation
630,214,373 90.03% 245,903,346 $
4,460,128 2.38% 24,949,019 $
4,468,116 0.39% 19,816,452 $

Company contact information

Gerdau SA

Av. Dra. Ruth Cardoso 8,501 8° floor

05425-070, São Paulo

+55 11 3094 6300

http://www.gerdau.com.br
address Gerdau S.A.(GGB)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
18.76 BRL
Average target price
23.73 BRL
Spread / Average Target
+26.50%
Consensus