Steven Caravati Sells Shares of Worthington Enterprises

Steven Caravati, the President of Consumer Products at Worthington Enterprises, Inc. (NYSE:WOR), sold 1,571 shares of the company on June 30, 2026. The shares were sold at an average price of $53.76, totaling about $84,456.96. This transaction was not part of a pre-scheduled trading plan.

Insider Buying and Selling at Worthington Enterprises, Inc.

Alongside Steven Caravati, several other executives sold shares of Worthington Enterprises on June 30, 2026. Colin Souza, the VP & Chief Financial Officer, sold 2,668 shares, while James Bowes, President of Building Products, sold 562 shares. Joseph Hayek, the President & CEO, also sold 4,633 shares. Patrick Kennedy, VP-General Counsel & Secretary, sold 1,545 shares on June 30 and 741 shares on June 29.

Worthington Enterprises, Inc. Stock Down 6.2%

Shares of Worthington Enterprises traded near $53.76 on Wednesday. The company has a market capitalization of approximately $2.66 billion and a P/E ratio of 17.12. Its forward P/E stands at 13.01, with a beta of 1.19, indicating moderate volatility. The stock has seen a 52-week low of $45.01 and a high of $67.80. The 50-day moving average is $56.19, while 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.

Other Institutional Activity in Worthington Enterprises

Institutional investors have been active in Worthington Enterprises recently. BlackRock, Inc. grew its holdings by 19,763 shares, bringing its total to 5,131,777 shares worth about $267.57 million. Vanguard Portfolio Management LLC opened a new position with 2,107,847 shares valued at approximately $109.90 million. Dimensional Fund Advisors LP reduced its stake by 32,977 shares, leaving it with 1,585,876 shares worth $82.68 million. Vanguard Capital Management LLC also initiated a new position with 1,356,732 shares, valued at around $70.74 million. State Street Corp added 3,145 shares, totaling 1,200,626 shares valued at $62.60 million.

Analysts Set New Price Targets

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

About Worthington Enterprises

Worthington Enterprises, Inc. is an industrial manufacturing company headquartered in Columbus, Ohio. It operates in the metal fabrication industry through its Consumer Products and Building Products segments. The Consumer Products segment includes tools, outdoor living, and celebration products sold under various brands like Balloon Time and Coleman. The Building Products segment offers solutions like refrigerant gas cylinders and specialty tanks. Worthington was founded in 1955 and is led by CEO Joseph B. Hayek.

Bottom Line

Steven Caravati's recent sale of Worthington shares is part of a broader trend of insider sales within the company. Investors often track these transactions for insights into management's outlook. The stock remains a point of interest for institutional investors, with several funds adjusting their positions. As always, remember that insider trades are disclosed after the fact and offer a backward-looking view.