Kevin Chan Buys Shares of Worthington Enterprises

Kevin Chan, the Controller at Worthington Enterprises, Inc. (NYSE: WOR), recently bought 4 shares of the company's stock. The transaction occurred on June 12, 2026, at a price of $59.68 per share, amounting to a total value of $238.72. This purchase was not part of a pre-planned trading program.

Insider Buying and Selling at Worthington Enterprises, Inc.

In addition to Kevin Chan's recent purchase, there have been several insider transactions at Worthington Enterprises. On the same day, Joseph Hayek, the President and CEO, also bought 5 shares at the same price. Earlier, on May 29, both Chan and Hayek made similar purchases, with Chan buying 4 shares and Hayek 5 shares at $56.77 each. Back in March, Chan purchased 20 shares at $49.51, while Hayek bought 229 shares at the same price.

Other Institutional Activity in Worthington Enterprises

Several institutional investors have also adjusted their positions in Worthington Enterprises. BlackRock, Inc. added 19,763 shares, bringing its total to over 5.1 million shares valued at approximately $267.6 million. Vanguard Portfolio Management LLC acquired 2,107,847 shares, ending with the same number worth about $109.9 million. Dimensional Fund Advisors LP reduced its holdings by 32,977 shares, leaving it with roughly 1.59 million shares valued at $82.7 million.

Worthington Enterprises, Inc. Stock Up 4.4%

Shares of Worthington Enterprises (NYSE: WOR) traded near $59.68 recently. The company has a market cap of approximately $2.97 billion and a P/E ratio of 181.36. Its forward P/E is significantly lower at 15.36, indicating expectations of future earnings growth. The stock's beta is 1.19, suggesting moderate volatility compared to the market. Over the past year, the stock has ranged from a low of $45.01 to a high of $70.91. The 50-day moving average is $55.42, while the 200-day moving average is $55.44.

Recent Earnings

Worthington Enterprises reported revenue of about $1.33 billion, with a revenue growth rate of 24.4%. The company's earnings per share (EPS) stand at $0.33, while its net margin is 8.42%. Return on equity (ROE) is 11.39%. The company is expected to release its next earnings report on June 23, 2026.

Dividend

Worthington Enterprises pays an annual dividend of $0.76, with a yield of 1.27%. The dividend payout ratio is 218.18%, indicating the company pays out more in dividends than it earns.

Analysts Set New Price Targets

Analysts have set various price targets for Worthington Enterprises. On March 26, 2026, Canaccord Genuity maintained its 'buy' rating with a price target of $69. The consensus among analysts is a target mean price of $65.40, with the highest target at $76 and the lowest at $47. Five analysts have provided opinions on the stock.

About Worthington Enterprises

Worthington Enterprises, Inc., headquartered in Columbus, Ohio, operates in the industrial manufacturing sector, focusing on metal fabrication. The company is divided into two main segments: Consumer Products and Building Products. The Consumer Products segment includes items like hand-held torches, lighters, and propane-filled cylinders, sold under brands like Balloon Time and Bernzomatic. The Building Products segment offers pressurized containment solutions, such as refrigerant gas cylinders and well water tanks. Founded in 1955, the company employs around 3,400 people.

Bottom Line

Kevin Chan's recent purchase of Worthington Enterprises shares highlights ongoing insider interest in the company. Investors often track insider transactions for potential insights into a company's future. However, it's important to remember that insider buying or selling can occur for many reasons. As always, these transactions should be considered within the broader context of the company's performance and market conditions.