Worthington Industries Ownership
| WOR Stock | USD 40.17 0.46 1.13% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 49.4 M | Current Value 50.4 M | Avarage Shares Outstanding 79.1 M | Quarterly Volatility 14.7 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Worthington |
Worthington Stock Ownership Analysis
About 38.0% of the company outstanding shares are owned by insiders. The book value of Worthington Industries was at this time reported as 17.93. The company has Price/Earnings To Growth (PEG) ratio of 0.35. Worthington Industries last dividend was issued on the 13th of December 2024. The entity had 1622:1000 split on the 1st of December 2023. Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing, manufactured consumer, building, and sustainable mobility products in North America and internationally. The company was founded in 1955 and is headquartered in Columbus, Ohio. Worthington Industries operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 9500 people. For more information please call B Rose at 614 438 3210 or visit https://www.worthingtonenterprises.com.Besides selling stocks to institutional investors, Worthington Industries also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Worthington Industries' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Worthington Industries' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Worthington Industries Quarterly Liabilities And Stockholders Equity |
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Worthington Industries Insider Trades History
About 38.0% of Worthington Industries are currently held by insiders. Unlike Worthington Industries' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Worthington Industries' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Worthington Industries' insider trades
Worthington Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Worthington Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Worthington Industries backward and forwards among themselves. Worthington Industries' institutional investor refers to the entity that pools money to purchase Worthington Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 426.6 K | Norges Bank | 2024-06-30 | 360.7 K | Northern Trust Corp | 2024-09-30 | 354.7 K | Amvescap Plc. | 2024-06-30 | 306.7 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 248 K | Citadel Advisors Llc | 2024-09-30 | 223.1 K | Baird Financial Group, Inc. | 2024-09-30 | 197.5 K | Bank Of America Corp | 2024-06-30 | 177.8 K | Envestnet Asset Management Inc | 2024-09-30 | 170.8 K | Blackrock Inc | 2024-06-30 | 4.9 M | Vanguard Group Inc | 2024-09-30 | 3.8 M |
Worthington Industries Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Worthington Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Worthington Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Worthington Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Colin Souza 16 hours ago Insider Trading | ||
Colin Souza 2 days ago Insider Trading | ||
Colin Souza 3 days ago Insider Trading | ||
Colin Souza few days ago Insider Trading | ||
Colin Souza few days ago Insider Trading | ||
Colin Souza few days ago Insider Trading | ||
Colin Souza over a week ago Insider Trading | ||
Colin Souza over a week ago Insider Trading | ||
Joseph Hayek over a week ago Acquisition by Joseph Hayek of tradable shares of Worthington Industries subject to Rule 16b-3 | ||
Colin Souza over a week ago Insider Trading | ||
Colin Souza over two weeks ago Insider Trading | ||
Colin Souza over two weeks ago Insider Trading |
Worthington Industries Outstanding Bonds
Worthington Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Worthington Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Worthington bonds can be classified according to their maturity, which is the date when Worthington Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Worthington Industries Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of November 2024 An amendment to a previously filed Form 8-K | ViewVerify |
F3 | 1st of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 8th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Pair Trading with Worthington Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Worthington Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Worthington Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Worthington Stock
| 0.73 | CMPOW | CompoSecure | PairCorr |
| 0.73 | CMPO | CompoSecure | PairCorr |
| 0.7 | B | Barnes Group | PairCorr |
| 0.67 | J | Jacobs Solutions | PairCorr |
| 0.67 | BW | Babcock Wilcox Enter | PairCorr |
The ability to find closely correlated positions to Worthington Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Worthington Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Worthington Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Worthington Industries to buy it.
The correlation of Worthington Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Worthington Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worthington Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Worthington Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Worthington Stock Analysis
When running Worthington Industries' price analysis, check to measure Worthington Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.