Worthington Enterprises CEO Joseph Hayek Buys Company Shares

On June 12, 2026, Joseph Hayek, President & CEO of Worthington Enterprises, Inc. (NYSE: WOR), purchased 5 shares of the company's stock at $59.68 each. This transaction was not part of a pre-planned trading program and totaled approximately $298.40.

Insider Buying and Selling at Worthington Enterprises, Inc.

Joseph Hayek's recent purchase is part of a series of transactions by company insiders. On the same day, Kevin Chan, the Controller, also bought 4 shares at $59.68 each. Earlier, on May 29, both Hayek and Chan purchased shares at $56.77, with Hayek buying 5 shares and Chan acquiring 4 shares. Additionally, on March 25, Hayek bought 229 shares at $49.51, and Chan purchased 20 shares at the same price.

Other Institutional Activity in Worthington Enterprises

Several institutional investors have also adjusted their holdings in Worthington Enterprises. BlackRock, Inc. increased its holdings by 19,763 shares, bringing its total to 5,131,777 shares valued at approximately $267.6 million. Vanguard Portfolio Management LLC initiated a position with 2,107,847 shares worth about $109.9 million. Meanwhile, Dimensional Fund Advisors LP reduced its stake by 32,977 shares, leaving it with 1,585,876 shares valued at around $82.7 million. State Street Corp added 3,145 shares to its portfolio, holding a total of 1,200,626 shares with a value of approximately $62.6 million.

Worthington Enterprises Stock Snapshot

Shares of Worthington Enterprises (NYSE: WOR) traded near $59.68. The company has a market capitalization of approximately $2.97 billion and a P/E ratio of 181.36. Its forward P/E is more reasonable at 15.36. The stock has a beta of 1.19, indicating moderate volatility. The 52-week range is between $45.01 and $70.91, with current moving averages of $55.42 for 50 days and $55.44 for 200 days. The company's current ratio stands at 2.36, with a quick ratio of 1.23 and a debt-to-equity ratio of 35.68.

Recent Earnings

Worthington Enterprises reported revenue of approximately $1.33 billion, with a revenue growth rate of 24.4%. The company's earnings per share (EPS) is $0.33, and it has a net margin of 8.42%. Return on equity (ROE) is at 11.39%. The next earnings report is scheduled for June 23, 2026.

Dividend

The company offers an annual dividend rate of $0.76, yielding 1.27% based on current prices. The dividend payout ratio is 218.18%, which suggests the company is paying out more in dividends than it earns in net income.

Analysts Set New Price Targets

Analysts have set varied price targets for Worthington Enterprises. On March 26, 2026, Canaccord Genuity maintained a 'buy' rating with a target of $69.0. Overall, the consensus target price is $65.40, with five analysts providing opinions.

About Worthington Enterprises

Worthington Enterprises, Inc., headquartered in Columbus, Ohio, is a diversified industrial manufacturing company. It operates through two main segments: Consumer Products and Building Products. The Consumer Products segment offers items like hand-held torches, tools, and propane cylinders, while the Building Products segment provides pressurized containment solutions and other specialty products. Founded in 1955, Worthington is led by CEO Joseph B. Hayek and employs approximately 3,400 people.

Bottom Line

Joseph Hayek's recent stock purchase reflects his ongoing commitment to Worthington Enterprises. Investors often watch insider buying closely, as it can signal confidence in the company's future. It's important to note that these insider activities are just one piece of the puzzle, and investors should consider a range of factors when evaluating the stock.