Worthington Enterprises (NYSE:WOR) Hits New 1-Year High on Earnings Beat

Shares of Worthington Enterprises, Inc. (NYSE:WOR) hit a new 52-week high on Wednesday following a stronger than expected earnings report. The stock traded as high as $67.54 and last traded at $60.8270, with a volume of 470912 shares. The stock had previously closed at $58.94.

The industrial products company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.07. Worthington Enterprises had a return on equity of 16.79% and a net margin of 11.30%.The business had revenue of $343.89 million for the quarter, compared to analyst estimates of $331.26 million. During the same quarter in the previous year, the company posted $0.74 EPS. Worthington Enterprises’s quarterly revenue was up 13.2% compared to the same quarter last year.

Worthington Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 29th. Stockholders of record on Tuesday, December 15th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, December 15th. Worthington Enterprises’s payout ratio is 25.48%.

More Worthington Enterprises News

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

• Positive Sentiment: Worthington Enterprises reported quarterly earnings of $0.82 per share, up from $0.74 a year earlier and above the $0.74–$0.75 consensus estimates. Revenue rose 13.2% year over year to $343.9 million, surpassing analysts’ $331.3 million forecast. The earnings and sales beat drove the stock’s advance. Worthington Enterprises Reports First Quarter Fiscal 2027 Results
• Positive Sentiment: Investor coverage characterized the quarter as strong, with reports highlighting higher sales and profit and identifying WOR as one of the day’s notable stock movers. The company posted a 16.79% return on equity and an 11.30% net margin, supporting the positive reaction. Worthington Shares Surge on Higher Sales, Profit
• Positive Sentiment: The board declared a quarterly dividend of $0.20 per share, payable December 29, 2026, to shareholders of record December 15. The dividend represents an annualized payout of approximately $0.80 per share and a yield of about 1.4%, adding shareholder-return support. Worthington Enterprises Declares Quarterly Dividend
• Neutral Sentiment: Worthington Enterprises also recognized three retiring directors. The leadership transition has not been reported as affecting the company’s earnings outlook. Dividend and Director Announcement

Wall Street Analyst Weigh In

Several analysts recently commented on WOR shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Worthington Enterprises in a report on Friday, July 17th. Canaccord Genuity Group reduced their price objective on shares of Worthington Enterprises from $69.00 to $67.00 and set a “buy” rating on the stock in a research note on Thursday, June 25th. Finally, Wall Street Zen lowered shares of Worthington Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.50.

Insider Transactions at Worthington Enterprises

In other Worthington Enterprises news, major shareholder John McConnell sold 41,704 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $55.85, for a total value of $2,329,168.40. Following the completion of the sale, the insider directly owned 1,335,648 shares in the company, valued at approximately $74,595,940.80. This trade represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Worthington Enterprises

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. ProShare Advisors LLC grew its holdings in shares of Worthington Enterprises by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 6,114 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 189 shares during the last quarter. Parallel Advisors LLC boosted its position in Worthington Enterprises by 57.3% during the first quarter. Parallel Advisors LLC now owns 722 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 263 shares in the last quarter. Sei Investments Co. lifted its position in shares of Worthington Enterprises by 6.1% during the first quarter. Sei Investments Co. now owns 4,601 shares of the industrial products company’s stock valued at $240,000 after buying an additional 264 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in Worthington Enterprises by 4.6% in the second quarter. Handelsbanken Fonder AB now owns 9,100 shares of the industrial products company’s stock worth $489,000 after purchasing an additional 400 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in Worthington Enterprises by 872.0% in the 4th quarter. Allworth Financial LP now owns 486 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 436 shares in the last quarter. 51.59% of the stock is owned by institutional investors.

Worthington Enterprises Trading Up 2.1%

The company has a quick ratio of 1.43, a current ratio of 2.37 and a debt-to-equity ratio of 0.30. The stock has a market cap of $2.94 billion, a PE ratio of 19.41 and a beta of 1.30. The stock has a 50-day moving average of $57.56 and a 200 day moving average of $55.47.

Worthington Enterprises Company Profile

Worthington Enterprises, Inc (NYSE: WOR) is a diversified manufacturer and branded products company focused primarily on consumer and building-product markets. The company develops, manufactures and markets products used by consumers, contractors and other professional customers.

Its consumer products activities include outdoor living, lawn and garden, tools and related products. Its portfolio has included brands such as Bernzomatic, Balloon Time, Mag-Torch and General Tools, although its product portfolio may change as the company manages its businesses and brands.

Worthington Enterprises also participates in the building-products industry, supplying products used in commercial and residential construction.