Worthington Enterprises CEO Joseph Hayek Sells Shares

Joseph Hayek, the President and CEO of Worthington Enterprises, Inc. (NYSE:WOR), sold 1,472 shares of the company on June 26, 2026. The shares were sold at an average price of $56.35, resulting in a total transaction value of approximately $82,947. This transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at Worthington Enterprises, Inc.

In addition to Joseph Hayek's sale, there were other insider transactions at Worthington Enterprises around the same period. On June 26, 2026, Kevin Chan, the company's Controller, purchased 4 shares at $56.35 each. Also, on June 25, 2026, Joseph Hayek acquired 33,740 shares, and Kevin Chan bought 1,030 shares, while Colin Souza, the VP and Chief Financial Officer, acquired 5,430 shares.

Other Institutional Activity in Worthington Enterprises

Several large funds have also 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, marking 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, representing a 2.0% decrease. Vanguard Capital Management LLC also opened a new position, acquiring 1,356,732 shares valued at roughly $70.74 million. State Street Corp added 3,145 shares, increasing its total to 1,200,626 shares worth about $62.60 million, a 0.3% increase.

Worthington Enterprises, Inc. Stock Down 6.2%

Shares of NYSE:WOR traded near $56.35 on Monday. Worthington Enterprises, Inc. has a market capitalization of approximately $2.79 billion and a P/E ratio of 17.95. The stock has a 52-week range between $45.01 and $67.80, with a 50-day moving average of $56.17 and a 200-day moving average of $55.20. The company's beta is 1.19, indicating a moderate level of volatility. Its current ratio is 2.37, and the quick ratio is 1.25, reflecting sound liquidity management.

Recent Earnings

In its most recent earnings, Worthington Enterprises reported revenue of $1.38 billion, showing a growth rate of 16.9%. The company's earnings per share stood at $3.14, with a net margin of 11.3% and a return on equity of 15.8%. Investors can expect the next earnings release on September 22, 2026.

Dividend

Worthington Enterprises pays an annual dividend of $0.80 per share, yielding 1.42%. The dividend payout ratio is 23.57%, indicating a conservative approach to dividend distribution.

Analysts Set New Price Targets

On June 25, 2026, Canaccord Genuity maintained its buy rating on Worthington Enterprises, setting a price target of $67. Meanwhile, Goldman Sachs has maintained a sell rating with a price target of $50. Overall, the consensus recommendation for the stock is a buy, with an average price target of $65.60 based on five analyst opinions.

About Worthington Enterprises

Worthington Enterprises, Inc., headquartered in Columbus, Ohio, operates in the industrial sector, specifically in metal fabrication. Founded in 1955, the company runs through two main segments: Consumer Products and Building Products. The Consumer Products segment offers a variety of tools and accessories, while the Building Products segment focuses on pressurized containment solutions and other specialty products. The company is led by CEO Mr. Joseph B. Hayek.

Bottom Line

Joseph Hayek's recent stock sale is a notable development for Worthington Enterprises. The company, with its strong market presence in the industrial manufacturing sector, continues to attract attention from both insiders and institutional investors. As always, it's important to remember that insider transactions like these are reported after the fact and may not reflect current positions.