Patrick Kennedy Sells Shares of Worthington Enterprises

Patrick Kennedy, Vice President-General Counsel and Secretary at Worthington Enterprises, Inc. (NYSE: WOR), sold 1,545 shares of the company's stock on June 30, 2026. The shares were sold at an average price of $53.76, totaling $83,059.20. This transaction was not part of a planned trading program.

Insider Buying and Selling at Worthington Enterprises, Inc.

Several insiders at Worthington Enterprises, including Patrick Kennedy, have recently sold shares. On June 30, 2026, Steven Caravati, President of Consumer Products, sold 1,571 shares, and Colin Souza, Vice President and Chief Financial Officer, sold 2,668 shares. Additionally, James Bowes, President of Building Products, sold 562 shares, and Joseph Hayek, President and CEO, sold 4,633 shares. These transactions were all executed at a price of $53.76 per share.

Other Institutional Activity in Worthington Enterprises

In recent institutional activity, BlackRock, Inc. added 19,763 shares to its holdings, now owning 5,131,777 shares valued at about $267.6 million, a modest increase of 0.4%. Vanguard Portfolio Management LLC opened a new position with 2,107,847 shares worth approximately $109.9 million. Dimensional Fund Advisors LP reduced its stake by 32,977 shares, bringing its total to 1,585,876 shares valued at $82.7 million, a 2.0% decrease. Meanwhile, State Street Corp increased its holdings slightly by 3,145 shares, totaling 1,200,626 shares worth $62.6 million.

Worthington Enterprises, Inc. Stock Down 6.2%

Shares of Worthington Enterprises, Inc. (NYSE: WOR) traded near $53.76 on Wednesday. The company, with a market capitalization of approximately $2.66 billion, has a price-to-earnings (P/E) ratio of 17.12 and a forward P/E of 13.01. The stock's 52-week range is between $45.01 and $67.80, with a 50-day moving average of $56.19 and a 200-day moving average of $55.15. Worthington Enterprises maintains a current ratio of 2.37 and a quick ratio of 1.25, alongside a debt-to-equity ratio of 34.06.

Recent Earnings

Worthington Enterprises reported revenue of $1.38 billion, reflecting a growth of 16.9%. The company's earnings per share (EPS) stood at $3.14, with a net margin of 11.3% and a return on equity (ROE) of 15.78%. The next earnings report is scheduled for September 22, 2026.

Dividend

Worthington Enterprises offers an annual dividend rate of $0.80 per share, yielding 1.49%. The dividend payout ratio is 23.57%, indicating the portion of earnings paid out as dividends to shareholders.

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 stock has a consensus 'buy' recommendation, with an average target price of $65.60 from five analyst opinions.

About Worthington Enterprises

Worthington Enterprises, Inc. is an industrial manufacturing company based in Columbus, Ohio. It operates through two main segments: Consumer Products and Building Products. The Consumer Products segment provides tools, outdoor living items, and celebration products, while the Building Products segment offers pressurized containment solutions like gas cylinders and water tanks. Founded in 1955, the company is led by CEO Joseph B. Hayek.

Bottom Line

Insider selling at Worthington Enterprises, including transactions by several key executives, reflects ongoing activity within the company. Investors often track such moves for insights, though they don't necessarily indicate future performance. The company continues to show solid financials with a growing revenue base and maintains a favorable analyst outlook.