Worthington Enterprises (NYSE:WOR) Releases Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Worthington Enterprises (NYSE:WOR) announced its quarterly earnings data on Tuesday. The industrial products company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.07), Zacks reports. Worthington Enterprises had a net margin of 11.30% and a return on equity of 17.02%. The company had revenue of $371.46 million during the quarter, compared to the consensus estimate of $386.49 million. During the same quarter in the previous year, the business earned $1.06 EPS. Worthington Enterprises’s revenue was up 16.9% on a year-over-year basis.

Worthington Enterprises Stock Performance

NYSE:WOR opened at $56.97 on Thursday. The stock has a market cap of $2.81 billion, a P/E ratio of 18.14 and a beta of 1.28. The stock has a 50 day simple moving average of $56.30 and a 200 day simple moving average of $54.63. The company has a current ratio of 2.36, a quick ratio of 1.44 and a debt-to-equity ratio of 0.31. Worthington Enterprises has a 1-year low of $45.01 and a 1-year high of $70.91.

Worthington Enterprises Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be given a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This is a positive change from Worthington Enterprises’s previous quarterly dividend of $0.19. This represents a $0.80 annualized dividend and a dividend yield of 1.4%. Worthington Enterprises’s dividend payout ratio (DPR) is currently 24.20%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Windsor Advisory Group LLC acquired a new position in Worthington Enterprises in the 3rd quarter valued at $16,319,000. Arrowstreet Capital Limited Partnership lifted its position in Worthington Enterprises by 67.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 481,541 shares of the industrial products company’s stock worth $26,721,000 after purchasing an additional 193,319 shares during the period. Millennium Management LLC grew its stake in Worthington Enterprises by 54.9% during the first quarter. Millennium Management LLC now owns 352,486 shares of the industrial products company’s stock worth $17,656,000 after buying an additional 124,867 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Worthington Enterprises in the 3rd quarter valued at approximately $6,438,000. Finally, Invesco Ltd. raised its position in shares of Worthington Enterprises by 72.7% in the 3rd quarter. Invesco Ltd. now owns 272,619 shares of the industrial products company’s stock valued at $15,128,000 after buying an additional 114,779 shares in the last quarter. 51.59% of the stock is owned by institutional investors.

Key Stories Impacting Worthington Enterprises

Here are the key news stories impacting Worthington Enterprises this week:

• Negative Sentiment: Worthington missed Q4 estimates, posting adjusted EPS of $0.97 versus the $1.04 consensus and revenue of $371.5 million versus $386.5 million expected, which is the main reason investors are selling the stock. Worthington Enterprises Reports Fourth Quarter and Full-Year Fiscal 2026 Results
• Negative Sentiment: Several articles highlighted the earnings miss and subsequent selloff, with one analyst downgrading Worthington Enterprises to Hold because valuation now looks more in line with historical averages after the drop. Worthington Enterprises: An Optimistic Dividend Hike, A Fair Valuation (Downgrade)
• Neutral Sentiment: The company raised its quarterly dividend by 5% to $0.20 per share and added Brad Southern to the board, which supports the shareholder-return story but is unlikely to offset the earnings disappointment by itself. Worthington Enterprises Increases Quarterly Dividend by 5%; Adds Brad Southern to Board of Directors
• Positive Sentiment: Despite the miss, full-year results showed strong underlying momentum, including 20% net sales growth to $1.38 billion and 63% net earnings growth to $155 million, aided by acquisitions and organic growth. Worthington Enterprises Reports Fourth Quarter and Full-Year Fiscal 2026 Results
• Positive Sentiment: Management also sounded constructive on the next quarter, saying it expects at least $13 million of ASME data-center tank shipments in Q1 FY2027 and that A2L-related headwinds should ease by Q2, suggesting a potential recovery ahead. Worthington projects shipping at least 13 million of ASME data center tanks in Q1 FY2027 as A2L headwinds moderate by Q2

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Canaccord Genuity Group restated a “buy” rating and issued a $69.00 price target on shares of Worthington Enterprises in a research note on Thursday, March 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Worthington Enterprises in a research report on Monday, April 20th. Finally, Wall Street Zen upgraded shares of Worthington Enterprises from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $61.00.

Worthington Enterprises Company Profile

Worthington Enterprises (NYSE:WOR) is a diversified metal manufacturing company that produces pressure vessels, engineered assemblies and fabricated metal products. The company’s portfolio includes the design and manufacture of cylinders for compressed gases, such as propane, natural gas and hydrogen, as well as transport tanks and other pressure-containment solutions for the industrial gas, energy and transportation markets. In addition to its pressure vessel operations, Worthington Enterprises offers metal processing and distribution services, supplying coil, sheet and plate products to customers across multiple industries.

Founded in 1955 and headquartered in Columbus, Ohio, Worthington Enterprises has grown from a single steel processing facility into a multi‐division organization with operations in the United States, Canada and Mexico.