Charles Schwab Investment Management Inc. Grows Stock Holdings in Worthington Enterprises, Inc. (NYSE:WOR)

Charles Schwab Investment Management Inc. lifted its stake in Worthington Enterprises, Inc. (NYSE:WOR - Free Report) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 533,276 shares of the industrial products company's stock after acquiring an additional 39,996 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.07% of Worthington Enterprises worth $21,390,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. KBC Group NV grew its position in Worthington Enterprises by 45.1% during the third quarter. KBC Group NV now owns 1,136 shares of the industrial products company's stock valued at $47,000 after buying an additional 353 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in Worthington Enterprises during the third quarter valued at approximately $85,000. Point72 DIFC Ltd bought a new stake in Worthington Enterprises during the third quarter valued at approximately $110,000. Point72 Hong Kong Ltd purchased a new position in Worthington Enterprises during the third quarter valued at approximately $124,000. Finally, Point72 Asset Management L.P. purchased a new position in Worthington Enterprises during the third quarter valued at approximately $199,000. 51.59% of the stock is currently owned by institutional investors.

Worthington Enterprises Price Performance

Shares of WOR stock traded down $1.69 during mid-day trading on Friday, hitting $39.60. The company had a trading volume of 2,787,152 shares, compared to its average volume of 268,357. Worthington Enterprises, Inc. has a 52-week low of $37.88 and a 52-week high of $65.34. The stock's 50 day moving average price is $41.81 and its 200-day moving average price is $41.34. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.56 and a quick ratio of 2.50. The company has a market capitalization of $1.98 billion, a P/E ratio of 47.71 and a beta of 1.21.

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Analyst Ratings Changes

WOR has been the topic of several analyst reports. Seaport Res Ptn raised shares of Worthington Enterprises to a "strong-buy" rating in a report on Wednesday, January 29th. Canaccord Genuity Group lifted their price target on shares of Worthington Enterprises from $46.00 to $49.00 and gave the company a "hold" rating in a report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Worthington Enterprises presently has a consensus rating of "Hold" and a consensus target price of $46.00.

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.