Worthington Enterprises, Inc. (NYSE:WOR) Shares Bought by Amundi

Amundi increased its stake in shares of Worthington Enterprises, Inc. (NYSE:WOR - Free Report) by 170.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,777 shares of the industrial products company's stock after purchasing an additional 9,941 shares during the quarter. Amundi's holdings in Worthington Enterprises were worth $625,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its holdings in Worthington Enterprises by 3.3% in the third quarter. Geode Capital Management LLC now owns 813,828 shares of the industrial products company's stock worth $33,739,000 after purchasing an additional 25,824 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Worthington Enterprises by 90.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 138,115 shares of the industrial products company's stock worth $5,725,000 after buying an additional 65,685 shares during the last quarter. Fisher Asset Management LLC increased its position in Worthington Enterprises by 24.8% during the 3rd quarter. Fisher Asset Management LLC now owns 70,265 shares of the industrial products company's stock valued at $2,912,000 after buying an additional 13,974 shares in the last quarter. Verition Fund Management LLC purchased a new stake in Worthington Enterprises in the third quarter valued at about $1,014,000. Finally, Rhumbline Advisers boosted its holdings in Worthington Enterprises by 9.7% in the fourth quarter. Rhumbline Advisers now owns 107,490 shares of the industrial products company's stock worth $4,311,000 after acquiring an additional 9,539 shares in the last quarter. Institutional investors own 51.59% of the company's stock.

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Worthington Enterprises Stock Performance

Shares of NYSE:WOR traded up $1.25 during trading on Monday, hitting $41.03. The stock had a trading volume of 398,438 shares, compared to its average volume of 268,878. The company has a quick ratio of 2.50, a current ratio of 3.56 and a debt-to-equity ratio of 0.32. Worthington Enterprises, Inc. has a 12-month low of $37.88 and a 12-month high of $65.34. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 49.43 and a beta of 1.21. The stock has a 50-day simple moving average of $41.81 and a two-hundred day simple moving average of $41.33.

Analysts Set New Price Targets

Several research firms have recently issued reports on WOR. Seaport Res Ptn upgraded shares of Worthington Enterprises to a "strong-buy" rating in a report on Wednesday, January 29th. Canaccord Genuity Group raised their price target on shares of Worthington Enterprises from $46.00 to $49.00 and gave the stock a "hold" rating in a report on Thursday, December 19th. One 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 stock. According to data from MarketBeat.com, Worthington Enterprises has a consensus rating of "Hold" and an average 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.