22,252 Shares in Worthington Enterprises, Inc. (NYSE:WOR) Acquired by Pinkerton Retirement Specialists LLC

Pinkerton Retirement Specialists LLC bought a new stake in Worthington Enterprises, Inc. (NYSE:WOR - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,252 shares of the industrial products company's stock, valued at approximately $1,281,000.

A number of other hedge funds also recently added to or reduced their stakes in WOR. BlackRock Inc. increased its stake in shares of Worthington Enterprises by 13.0% during the 1st quarter. BlackRock Inc. now owns 4,571,279 shares of the industrial products company's stock worth $235,012,000 after purchasing an additional 526,776 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Worthington Enterprises by 8.8% during the 3rd quarter. Vanguard Group Inc. now owns 3,658,961 shares of the industrial products company's stock worth $226,197,000 after purchasing an additional 297,139 shares in the last quarter. Pacer Advisors Inc. increased its stake in shares of Worthington Enterprises by 67,348.5% during the 4th quarter. Pacer Advisors Inc. now owns 2,224,452 shares of the industrial products company's stock worth $128,017,000 after purchasing an additional 2,221,154 shares in the last quarter. State Street Corp increased its stake in shares of Worthington Enterprises by 18.1% during the 1st quarter. State Street Corp now owns 2,010,543 shares of the industrial products company's stock worth $103,362,000 after purchasing an additional 307,667 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Worthington Enterprises by 6.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,809,125 shares of the industrial products company's stock worth $93,007,000 after acquiring an additional 108,764 shares during the last quarter. 51.59% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Worthington Enterprises

In other news, Director Michael J. Endres sold 66,000 shares of the firm's stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $64.26, for a total value of $4,241,160.00. Following the transaction, the director now owns 76,689 shares of the company's stock, valued at approximately $4,928,035.14. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Director Ozey K. Horton, Jr. sold 1,000 shares of the firm's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $62.25, for a total value of $62,250.00. Following the transaction, the director now owns 41,688 shares of the company's stock, valued at approximately $2,595,078. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael J. Endres sold 66,000 shares of the firm's stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $64.26, for a total transaction of $4,241,160.00. Following the completion of the transaction, the director now directly owns 76,689 shares in the company, valued at approximately $4,928,035.14. The disclosure for this sale can be found here. 38.50% of the stock is owned by company insiders.

Worthington Enterprises Trading Up 2.4 %

Shares of WOR traded up $1.43 during mid-day trading on Friday, reaching $61.59. The company had a trading volume of 273,047 shares, compared to its average volume of 373,284. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 11.26 and a beta of 1.39. The firm has a fifty day simple moving average of $61.46 and a 200-day simple moving average of $60.35. Worthington Enterprises, Inc. has a fifty-two week low of $33.96 and a fifty-two week high of $69.96. The company has a current ratio of 3.42, a quick ratio of 2.47 and a debt-to-equity ratio of 0.33.

Worthington Enterprises (NYSE:WOR - Get Free Report) last announced its quarterly earnings results on Wednesday, March 20th. The industrial products company reported $0.80 earnings per share for the quarter, missing analysts' consensus estimates of $1.24 by ($0.44). The company had revenue of $316.76 million during the quarter, compared to analyst estimates of $326.70 million. Worthington Enterprises had a net margin of 7.12% and a return on equity of 19.40%. The firm's revenue for the quarter was down 8.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.04 EPS.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on WOR shares. The Goldman Sachs Group raised their target price on shares of Worthington Enterprises from $50.00 to $56.00 and gave the stock a "sell" rating in a research report on Friday, March 22nd. Canaccord Genuity Group raised their target price on shares of Worthington Enterprises from $56.00 to $64.00 and gave the stock a "hold" rating in a research report on Monday, March 25th. StockNews.com lowered shares of Worthington Enterprises from a "buy" rating to a "hold" rating in a research report on Friday, March 22nd. Finally, Canaccord Genuity Group started coverage on shares of Worthington Enterprises in a research report on Tuesday, January 30th. They set a "hold" rating and a $56.00 target price on the stock. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat, Worthington Enterprises presently has a consensus rating of "Hold" and a consensus target price of $61.00.

Worthington Enterprises Profile

Worthington Enterprises, Inc operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors.