Worthington Enterprises, Inc. (NYSE:WOR) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its holdings in shares of Worthington Enterprises, Inc. (NYSE:WOR - Free Report) by 113.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,814 shares of the industrial products company's stock after purchasing an additional 15,864 shares during the quarter. Victory Capital Management Inc. owned about 0.06% of Worthington Enterprises worth $1,196,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. KBC Group NV grew its holdings in shares of Worthington Enterprises by 45.1% during the 3rd quarter. KBC Group NV now owns 1,136 shares of the industrial products company's stock worth $47,000 after purchasing an additional 353 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Worthington Enterprises during the 3rd quarter worth $85,000. Point72 DIFC Ltd acquired a new position in Worthington Enterprises during the 3rd quarter worth about $110,000. Point72 Hong Kong Ltd acquired a new position in Worthington Enterprises during the 3rd quarter worth about $124,000. Finally, Point72 Asset Management L.P. acquired a new position in Worthington Enterprises during the 3rd quarter worth about $199,000. 51.59% of the stock is currently owned by hedge funds and other institutional investors.

Worthington Enterprises Stock Down 4.1 %

WOR stock traded down $1.69 during mid-day trading on Friday, reaching $39.60. The company had a trading volume of 2,787,152 shares, compared to its average volume of 268,357. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.50 and a current ratio of 3.56. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 47.71 and a beta of 1.21. The firm has a fifty day simple moving average of $41.81 and a 200 day simple moving average of $41.34. Worthington Enterprises, Inc. has a fifty-two week low of $37.88 and a fifty-two week high of $65.34.

Remove Ads

Analysts Set New Price Targets

Several research firms recently issued reports on WOR. Canaccord Genuity Group increased their target price on Worthington Enterprises from $46.00 to $49.00 and gave the stock a "hold" rating in a research note on Thursday, December 19th. Seaport Res Ptn raised Worthington Enterprises to a "strong-buy" rating in a research note on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Worthington Enterprises currently has an average rating of "Hold" and an average target price of $46.00.

Worthington Enterprises Company 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.