Worthington Steel, Inc. $WS Shares Purchased by Principal Financial Group Inc.

Posted by Brian Himes on Jul 28th, 2026

Principal Financial Group Inc. increased its position in shares of Worthington Steel, Inc. (NYSE:WS – Free Report) by 29.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 201,425 shares of the company’s stock after buying an additional 46,358 shares during the period. Principal Financial Group Inc.’s holdings in Worthington Steel were worth $6,113,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas raised its position in shares of Worthington Steel by 3.2% in the fourth quarter. Teacher Retirement System of Texas now owns 530,069 shares of the company’s stock worth $18,351,000 after acquiring an additional 16,653 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Worthington Steel during the 4th quarter worth about $1,351,000. Keybank National Association OH acquired a new stake in shares of Worthington Steel during the 4th quarter valued at about $7,163,000. Fisher Asset Management LLC grew its position in shares of Worthington Steel by 24.3% during the 4th quarter. Fisher Asset Management LLC now owns 238,338 shares of the company’s stock valued at $8,251,000 after acquiring an additional 46,665 shares during the period. Finally, Windsor Advisory Group LLC increased its stake in shares of Worthington Steel by 55.4% in the 4th quarter. Windsor Advisory Group LLC now owns 207,555 shares of the company’s stock valued at $7,186,000 after purchasing an additional 74,021 shares in the last quarter. 45.41% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Worthington Steel

In other Worthington Steel news, CFO Timothy A. Adams sold 2,367 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $42.27, for a total transaction of $100,053.09. Following the completion of the transaction, the chief financial officer owned 44,098 shares of the company’s stock, valued at $1,864,022.46. This represents a 5.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Jeffrey R. Klingler sold 20,036 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $43.82, for a total value of $877,977.52. Following the completion of the transaction, the chief operating officer owned 93,212 shares in the company, valued at approximately $4,084,549.84. This trade represents a 17.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,708 shares of company stock valued at $1,431,830 over the last quarter. 2.60% of the stock is currently owned by insiders.

Worthington Steel Stock Up 1.8%

Shares of NYSE WS opened at $36.64 on Tuesday. The company’s 50-day simple moving average is $38.00 and its 200-day simple moving average is $38.04. Worthington Steel, Inc. has a 52-week low of $27.22 and a 52-week high of $49.17. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 26.36 and a beta of 2.34. The company has a quick ratio of 0.92, a current ratio of 1.46 and a debt-to-equity ratio of 0.04.

Worthington Steel (NYSE:WS – Get Free Report) last released its earnings results on Thursday, June 25th. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. Worthington Steel had a net margin of 0.50% and a return on equity of 8.85%. The business had revenue of $929.20 million during the quarter, compared to analysts’ expectations of $992.00 million. During the same quarter in the previous year, the company earned $1.05 earnings per share. The company’s quarterly revenue was up 11.6% on a year-over-year basis. Equities analysts predict that Worthington Steel, Inc. will post 3.39 EPS for the current fiscal year.

Worthington Steel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, September 15th. Worthington Steel’s payout ratio is 46.04%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WS shares. KeyCorp reaffirmed an “overweight” rating on shares of Worthington Steel in a report on Monday, June 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Worthington Steel in a report on Friday, July 17th. Wall Street Zen cut Worthington Steel from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Zacks Research upgraded Worthington Steel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Worthington Steel presently has an average rating of “Buy” and an average target price of $46.00.

Read Our Latest Stock Report on WS

Worthington Steel 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.