Worthington Enterprises CEO Joseph Hayek Adds to His Stake

Joseph Hayek, the President & CEO of Worthington Enterprises, Inc., made a notable purchase of 33,740 shares of the company on June 25, 2026. This move was not part of a pre-planned trading program, suggesting a direct show of confidence in the company's prospects.

Other Institutional Activity in Worthington Enterprises

Institutional investors have also been active in Worthington Enterprises. BlackRock, Inc. grew its holdings by 19,763 shares, bringing its total to 5,131,777 shares valued at approximately $267.6 million. Vanguard Portfolio Management LLC opened a new position with 2,107,847 shares worth about $109.9 million. Meanwhile, Dimensional Fund Advisors LP reduced its stake by 32,977 shares to a total of 1,585,876 shares, valued at around $82.7 million. Geode Capital Management, LLC increased its holdings by 24,722 shares, ending with 792,735 shares worth about $41.3 million.

Worthington Enterprises, Inc. Stock Down 6.2%

Shares of NYSE:WOR traded near $56.35 on Monday. Worthington Enterprises has a market capitalization of about $2.79 billion and a P/E ratio of 17.95. The stock's 52-week range has seen a low of $45.01 and a high of $67.80. Its 50-day moving average is approximately $56.17, and its 200-day moving average is about $55.20. The company maintains a healthy current ratio of 2.37 and a quick ratio of 1.25, with a debt-to-equity ratio of 34.06.

Recent Earnings

Worthington Enterprises reported revenues of $1.38 billion, with a growth rate of 16.9%. The company's net margin stands at 11.3%, and it achieved a return on equity of 15.8%. Its earnings per share (EPS) was $3.14. The next earnings report is expected on September 22, 2026.

Dividend

Worthington Enterprises offers a dividend with an annual rate of $0.80, yielding 1.42%. The company's dividend payout ratio is 23.57%, indicating a sustainable dividend strategy.

Insider Buying and Selling at Worthington Enterprises, Inc.

On June 26, 2026, Joseph Hayek, President & CEO, also sold 1,472 shares at an average price of $56.35. On the same day, Kevin Chan, Controller, bought 4 shares at the same price. Earlier, on June 25, 2026, Colin Souza, VP & CFO, purchased 5,430 shares, and Kevin Chan acquired 1,030 shares, both without a specified average price.

Analysts Set New Price Targets

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

About Worthington Enterprises

Worthington Enterprises, Inc., based in Columbus, Ohio, operates in the industrial manufacturing sector. The company has two main segments: Consumer Products and Building Products. The Consumer Products segment offers a variety of tools and outdoor products, while the Building Products segment focuses on pressurized containment solutions and specialty products. Founded in 1955, the company is led by CEO Joseph B. Hayek.

Bottom Line

Joseph Hayek's recent purchase of Worthington shares is a strong signal of his confidence in the company's future. Investors often track insider buying as it can indicate management's belief in the value of their company. However, it's important to remember that such insider transactions are reported after they occur and may not reflect the current market conditions.