<div id="readability-page-1"><p>Quantedge Capital Pte Ltd acquired a new position in  Worthington Enterprises, Inc. (NYSE:WOR - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The firm acquired 24,300 shares of the industrial products company's stock, valued at approximately $1,546,000. Worthington Enterprises accounts for approximately  1.4% of Quantedge Capital Pte Ltd's holdings, making the stock its 25th biggest holding.</p><ul><li>3 Hot Software Stocks Breaking Out to New Highs</li></ul><p>Several other hedge funds also recently bought and sold shares of WOR. American Century Companies Inc. lifted its holdings in shares of  Worthington Enterprises by 23.0% in the 2nd quarter. American Century Companies Inc. now owns 1,010,730 shares of the industrial products company's stock valued at $64,323,000 after acquiring an additional 188,783 shares during the last quarter.  Geode Capital Management LLC lifted its holdings in  Worthington Enterprises by 1.1% during the second quarter. Geode Capital Management LLC now owns 733,238 shares of the industrial products company's stock worth $46,670,000 after buying an additional 8,293 shares during the period.  Charles Schwab Investment Management Inc. lifted its position in shares of  Worthington Enterprises by 1.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 540,040 shares of the industrial products company's stock valued at $27,051,000 after buying an additional 6,764 shares during the last quarter.  Bank of New York Mellon Corp grew its position in shares of  Worthington Enterprises by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 408,990 shares of the industrial products company's stock worth $26,028,000 after buying an additional 3,248 shares during the last quarter.  Finally, Millennium Management LLC lifted its position in  Worthington Enterprises by 54.9% during the first quarter. Millennium Management LLC now owns 352,486 shares of the industrial products company's stock valued at $17,656,000 after acquiring an additional 124,867 shares during the last quarter. Institutional investors own  51.59% of the company's stock. </p><h2>Worthington Enterprises Stock Performance</h2><p>NYSE WOR opened at $55.86 on Wednesday. The company has a market capitalization of $2.77 billion, a PE ratio of 26.22 and a beta of 1.33. The company has a current ratio of 3.30, a quick ratio of 2.24 and a debt-to-equity ratio of 0.32. The business's 50-day moving average price is $55.46 and its 200 day moving average price is $59.85. Worthington Enterprises, Inc. has a twelve month low of $37.88 and a twelve month high of $70.91. </p><ul><li>Put Steel In Your Portfolio With These Dividend Stocks</li></ul><p>Worthington Enterprises (NYSE:WOR - Get Free Report) last announced its quarterly earnings results on Wednesday, December 28th. The industrial products company reported $2.12 earnings per share for the quarter. The firm had revenue of $1.23 billion for the quarter. Worthington Enterprises had a net margin of 8.91% and a return on equity of 17.70%.  On average, research analysts predict that  Worthington Enterprises, Inc. will post 2.67 earnings per share for the current year. </p><h2>Worthington Enterprises Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Monday, December 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, December 15th. Worthington Enterprises's dividend payout ratio  is currently 35.68%. </p><h2>Insider Buying and Selling at Worthington Enterprises</h2><ul><li>Worthington Posts Strong Results, But Earnings Fall On One-Off Adjustments</li></ul><p>In related news, Director Michael J. Endres bought 10,000 shares of the business's stock in a transaction dated Thursday, September 25th. The shares were bought at an average cost of $52.95 per share, with a total value of $529,500.00. Following the completion of the transaction, the director directly owned 95,524 shares of the company's stock, valued at approximately $5,057,995.80. This trade represents a 11.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this link. Company insiders own  3.40% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>WOR has been the subject of several recent analyst reports. Wall Street Zen downgraded Worthington Enterprises from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a report on Saturday, October 11th. CJS Securities raised Worthington Enterprises from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and set a $64.00 target price for the company in a research note on Wednesday, September 24th. Canaccord Genuity Group lowered their price target on shares of Worthington Enterprises from $81.00 to $73.00 and set a &#34;buy&#34; rating on the stock in a research report on Thursday, September 25th. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Worthington Enterprises in a research report on Wednesday, October 8th. Finally, Zacks Research downgraded Worthington Enterprises from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Monday, August 25th. One analyst  has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one  has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $62.33.</p><p><b>Check Out Our Latest Analysis on Worthington Enterprises</b></p><h2>Worthington Enterprises Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Worthington Enterprises</li><li>What Does Downgrade Mean in Investing?</li><li>Insiders Are Selling These 3 Stocks—Here’s Why</li><li>Asset Allocation Strategies in Volatile Markets</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>How to Calculate Return on Investment (ROI)</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li></ul><p><strong>Want to see what other hedge funds are holding WOR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Worthington Enterprises, Inc. (NYSE:WOR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdPUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdPUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Worthington Enterprises Right Now?</h2><p>Before you consider Worthington Enterprises, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Worthington Enterprises wasn't on the list.</p><p>While Worthington Enterprises currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Quantedge Capital Pte Ltd acquired 24,300 shares of Worthington Enterprises, Inc., valued at $1,546,000, during the 2nd quarter. The stock is the 25th largest holding for Quantedge. Other hedge funds also increased their positions in Worthington. The stock opened at $55.86, with a market cap of $2.77 billion. Analysts predict earnings per share of 2.67 for the year. The company announced a quarterly dividend of $0.19, with a yield of 1.4%. Wall Street Zen downgraded the stock to "buy," while CJS Securities upgraded it to "outperform."</p>

Quantedge Capital Pte Ltd Purchases Shares of 24,300 Worthington Enterprises, Inc. $WOR