Worthington Enterprises CEO Joseph Hayek Sells Shares

Joseph Hayek, the President and CEO of Worthington Enterprises, Inc. (NYSE:WOR), sold 785 shares of the company on June 29, 2026. The shares were sold at an average price of $53.77, totaling $42,209.45. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Worthington Enterprises, Inc.

In addition to Joseph Hayek's sale, other executives at Worthington Enterprises also offloaded shares. On June 30, 2026, Steven Caravati, President of Consumer Products, sold 1,571 shares, and Colin Souza, VP & Chief Financial Officer, sold 2,668 shares. James Bowes, President of Building Products, sold 562 shares, and Patrick Kennedy, VP-General Counsel & Secretary, sold 1,545 shares on the same day.

Other Institutional Activity in Worthington Enterprises

Several institutional investors have been active in Worthington Enterprises. BlackRock, Inc. increased its holdings by 19,763 shares, bringing its total to 5,131,777 shares valued at approximately $267.57 million, a 0.4% increase. Vanguard Portfolio Management LLC opened a new position with 2,107,847 shares worth about $109.90 million. Dimensional Fund Advisors LP reduced its stake by 32,977 shares, ending with 1,585,876 shares valued at $82.68 million, a 2.0% decrease. Meanwhile, Geode Capital Management, LLC added 24,722 shares to its holdings, now totaling 792,735 shares worth about $41.34 million, a 3.2% increase.

Worthington Enterprises, Inc. Stock Down 6.2%

Shares of Worthington Enterprises traded near $53.76 on Wednesday. The company has a market capitalization of $2.66 billion and a P/E ratio of 17.12. Its forward P/E stands at 13.01, and the stock has a beta of 1.19. Over the last 52 weeks, the stock has ranged from a low of $45.01 to a high of $67.80. The 50-day moving average is $56.19, and the 200-day moving average is $55.15. Worthington maintains a current ratio of 2.37 and a quick ratio of 1.25, with a debt-to-equity ratio of 34.06.

Analysts Set New Price Targets

On June 25, 2026, Canaccord Genuity maintained its "buy" rating on Worthington Enterprises with a price target of $67. The consensus among analysts is a "buy" recommendation, with an average target price of $65.60 based on five analyst opinions.

About Worthington Enterprises

Worthington Enterprises, Inc. is an industrial manufacturing company based in Columbus, Ohio. It operates in the metal fabrication industry, focusing on consumer and building products. The Consumer Products segment offers a range of items, including torches, tools, and propane-filled cylinders, sold under various brand names. The Building Products segment provides pressurized containment solutions and specialty products for various markets. Founded in 1955, the company is led by CEO Mr. Joseph B. Hayek.

Bottom Line

Joseph Hayek's recent sale of shares in Worthington Enterprises is part of a broader trend of insider selling at the company. Investors often watch insider transactions for potential insights, though they don't necessarily indicate future stock performance. Worthington's stock remains a subject of interest, with multiple institutional investors adjusting their positions and analysts maintaining a positive outlook. Keep in mind, insider transactions are disclosed after they occur and may not reflect the current sentiment or strategy of the insiders.