Friedman Industries (FRD)

• Market cap: $117M
• 1 day: -1.76%
• 5 days: 8.12%
• 1 month: -2.50%
• 3 months: 16.30%
• 6 months: 18.85%
• Year to date: 12.55%
• 1 year: -11.78%
• 5 years: 302.16%
• 10 years: 166.61%
• Sector: Materials
• Industry: Steel

About: Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include flat-roll products and Tubular Products. It generates maximum revenue from the flat-roll products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.

Employees: 268

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

20% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 10

11% more funds holding

Funds holding: 37 [Q3] → 41 (+4) [Q4]

3.86% more ownership

Funds ownership: 42.21% [Q3] → 46.07% (+3.86%) [Q4]

5% more capital invested

Capital invested by funds: $47M [Q3] → $49.2M (+$2.13M) [Q4]