Royce & Associates LP Has $9.93 Million Position in Worthington Steel, Inc. $WS

Posted by Brian Himes on May 28th, 2026

Royce & Associates LP lowered its holdings in Worthington Steel, Inc. (NYSE:WS – Free Report) by 8.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 286,746 shares of the company’s stock after selling 27,748 shares during the quarter. Royce & Associates LP’s holdings in Worthington Steel were worth $9,927,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Fisher Asset Management LLC grew its position in Worthington Steel by 24.3% in the 4th quarter. Fisher Asset Management LLC now owns 238,338 shares of the company’s stock valued at $8,251,000 after purchasing an additional 46,665 shares during the period. Hantz Financial Services Inc. grew its position in Worthington Steel by 56.4% in the 4th quarter. Hantz Financial Services Inc. now owns 910 shares of the company’s stock valued at $32,000 after purchasing an additional 328 shares during the period. LSV Asset Management grew its position in Worthington Steel by 563.7% in the 4th quarter. LSV Asset Management now owns 365,672 shares of the company’s stock valued at $12,660,000 after purchasing an additional 310,572 shares during the period. PNC Financial Services Group Inc. grew its position in Worthington Steel by 7.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 30,522 shares of the company’s stock valued at $1,057,000 after purchasing an additional 2,092 shares during the period. Finally, Handelsbanken Fonder AB grew its position in Worthington Steel by 18.2% in the 4th quarter. Handelsbanken Fonder AB now owns 11,716 shares of the company’s stock valued at $406,000 after purchasing an additional 1,800 shares during the period. Institutional investors and hedge funds own 45.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Zacks Research raised shares of Worthington Steel from a “strong sell” rating to a “hold” rating in a research report on Monday. Wall Street Zen downgraded shares of Worthington Steel from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. KeyCorp assumed coverage on shares of Worthington Steel in a report on Wednesday, March 25th. They set an “overweight” rating and a $46.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Worthington Steel in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $46.00.

Check Out Our Latest Stock Analysis on Worthington Steel

Insider Transactions at Worthington Steel

In other Worthington Steel news, insider Clifford Larivey sold 11,105 shares of Worthington Steel stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $40.09, for a total transaction of $445,199.45. Following the transaction, the insider directly owned 64,308 shares of the company’s stock, valued at $2,578,107.72. The trade was a 14.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.60% of the stock is owned by corporate insiders.

Worthington Steel Price Performance

WS opened at $42.32 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.48 and a quick ratio of 0.90. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 24.89 and a beta of 2.23. The firm’s fifty day moving average price is $35.62 and its two-hundred day moving average price is $37.02. Worthington Steel, Inc. has a 1 year low of $24.23 and a 1 year high of $49.17.

Worthington Steel (NYSE:WS – Get Free Report) last posted its quarterly earnings data on Thursday, March 26th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.20). The firm had revenue of $769.80 million for the quarter, compared to analysts’ expectations of $882.95 million. Worthington Steel had a return on equity of 10.12% and a net margin of 3.64%.Worthington Steel’s revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.35 earnings per share. As a group, analysts anticipate that Worthington Steel, Inc. will post 2.27 earnings per share for the current fiscal year.

Worthington Steel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, June 12th. Worthington Steel’s payout ratio is currently 37.65%.

Worthington Steel Company Profile

(Free Report)

Worthington Steel (NYSE: WS) is a leading North American steel processor specializing in the production of flat-rolled, coated and painted sheet and coil products. Operating as a wholly owned subsidiary of Worthington Industries, the company serves a broad range of industries, including construction, automotive, appliance, energy and agricultural equipment. Its core business activities encompass the processing, finishing and distribution of carbon and advanced high-strength steels, aluminum and stainless products to manufacturers across the continent.

The company’s product portfolio includes hot-dip galvanizing, galvannealed, aluminized and pre-painted steel products, as well as cold-rolled and hot-rolled coil.