Worthington Enterprises, Inc. (NYSE:WOR – Free Report) – Stock analysts at Seaport Res Ptn reduced their FY2026 earnings estimates for shares of Worthington Enterprises in a research note issued on Thursday, September 25th. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will earn $3.58 per share for the year, down from their prior estimate of $3.65. The consensus estimate for Worthington Enterprises’ current full-year earnings is $2.67 per share.
Worthington Enterprises (NYSE:WOR – Get Free Report) last released its earnings results on Tuesday, September 23rd. The industrial products company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.04. Worthington Enterprises had a net margin of 8.91% and a return on equity of 17.70%. The business had revenue of $303.70 million for the quarter, compared to analysts’ expectations of $291.84 million. During the same period last year, the company earned $0.50 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis.
Read Our Latest Stock Analysis on WOR
Worthington Enterprises Price Performance
WOR opened at $55.54 on Monday. The company’s 50 day simple moving average is $62.89 and its 200 day simple moving average is $57.96. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.24 and a current ratio of 3.30. Worthington Enterprises has a 1 year low of $37.88 and a 1 year high of $70.91. The stock has a market capitalization of $2.77 billion, a PE ratio of 26.08 and a beta of 1.20.
Institutional Trading of Worthington Enterprises
A number of hedge funds have recently made changes to their positions in WOR. Two Sigma Advisers LP purchased a new stake in shares of Worthington Enterprises during the fourth quarter valued at approximately $421,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Worthington Enterprises by 33.6% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,544 shares of the industrial products company’s stock valued at $2,549,000 after purchasing an additional 15,981 shares during the period. Wellington Management Group LLP grew its position in shares of Worthington Enterprises by 2.3% during the fourth quarter. Wellington Management Group LLP now owns 69,680 shares of the industrial products company’s stock worth $2,795,000 after buying an additional 1,548 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Worthington Enterprises by 8,773.7% during the first quarter. GAMMA Investing LLC now owns 82,348 shares of the industrial products company’s stock worth $4,125,000 after buying an additional 81,420 shares in the last quarter. Finally, Cardinal Capital Management grew its position in shares of Worthington Enterprises by 11.3% during the first quarter. Cardinal Capital Management now owns 26,654 shares of the industrial products company’s stock worth $1,335,000 after buying an additional 2,696 shares in the last quarter. Hedge funds and other institutional investors own 51.59% of the company’s stock.
Insider Activity
In other news, Director Michael J. Endres acquired 10,000 shares of the company’s stock in a transaction dated Thursday, September 25th. The shares were bought at an average price of $52.95 per share, for a total transaction of $529,500.00. Following the completion of the purchase, the director directly owned 95,524 shares of the company’s stock, valued at approximately $5,057,995.80. This trade represents a 11.69% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.40% of the stock is owned by corporate insiders.
Worthington Enterprises Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Monday, December 15th will be paid a dividend of $0.19 per share. The ex-dividend date is Monday, December 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.4%. Worthington Enterprises’s dividend payout ratio (DPR) is currently 35.68%.
About Worthington Enterprises
Worthington Enterprises, Inc operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors.
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