Worthington Enterprises declared a $0.19 quarterly dividend and appointed Charlie Chiappone to its Board of Directors.
Quiver AI Summary
Worthington Enterprises Inc. has announced a quarterly dividend of $0.19 per share, payable on March 27, 2026, to shareholders of record on March 13, 2026. This continues the company's long-standing practice of paying quarterly dividends since its IPO in 1968. The company also appointed Charles Chiappone to its Board of Directors; he brings extensive experience from his former roles at Armstrong World Industries and Worthington Armstrong Venture. John Blystone, chairman of the board, expressed enthusiasm about Chiappone's insights into innovation and growth strategies. Worthington Enterprises is set to hold its quarterly earnings conference call on December 17, 2025, to discuss its fiscal second quarter results.
Potential Positives
- The declaration of a quarterly dividend demonstrates the company's ongoing commitment to returning value to shareholders, as it marks the continuation of a steady dividend payment since its IPO in 1968.
- The appointment of Charles Chiappone to the Board of Directors is significant due to his extensive experience in the industry, which could enhance the company's strategic growth and innovation efforts.
- The upcoming quarterly earnings conference call indicates transparency and engagement with investors, which can bolster investor confidence in the company’s performance and direction.
Potential Negatives
- The declaration of a quarterly dividend may indicate that the company is prioritizing shareholder returns over reinvesting in growth opportunities, which could be viewed negatively by some investors.
- The appointment of a new board member from a retired position at another company may raise concerns about the board's fresh perspectives and innovation, as it might suggest a reliance on past experiences rather than new ideas.
- The press release does not provide specific details about the upcoming fiscal second quarter results, which may lead to uncertainty regarding the company's current financial performance and market position.
FAQ
When will the quarterly dividend be paid?
The quarterly dividend of $0.19 per share will be paid on March 27, 2026.
Who is the newest member of the Worthington Enterprises Board?
Charles (Charlie) Chiappone is the newest member of the Worthington Enterprises Board, effective immediately.
What is Worthington Enterprises' primary business focus?
Worthington Enterprises designs and manufactures brands that enhance everyday life in two main segments: Building Products and Consumer Products.
How can I access the upcoming earnings conference call?
You can access the earnings conference call on December 17, 2025, by visiting the webcast link provided in the press release.
What legacy does Worthington Enterprises hold?
Worthington Enterprises has paid a quarterly dividend since its initial public offering in 1968.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WOR Insider Trading Activity
$WOR insiders have traded $WOR stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $WOR stock by insiders over the last 6 months:
- MICHAEL J ENDRES purchased 10,000 shares for an estimated $529,500
- JOHN H II MCCONNELL purchased 45 shares for an estimated $2,398
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$WOR Revenue
$WOR had revenues of $303.7M in Q1 2026.
You can track WOR financials on Quiver Quantitative's WOR stock page.
$WOR Hedge Fund Activity
We have seen 139 institutional investors add shares of $WOR stock to their portfolio, and 145 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MACQUARIE GROUP LTD added 831,360 shares (+92.1%) to their portfolio in Q3 2025, for an estimated $46,132,166
- PRUDENTIAL FINANCIAL INC added 434,414 shares (+832.5%) to their portfolio in Q3 2025, for an estimated $24,105,632
- WINDSOR ADVISORY GROUP, LLC added 294,085 shares (+inf%) to their portfolio in Q3 2025, for an estimated $16,318,776
- BLACKROCK, INC. removed 241,899 shares (-4.5%) from their portfolio in Q3 2025, for an estimated $13,422,975
- BARCLAYS PLC removed 196,715 shares (-76.1%) from their portfolio in Q3 2025, for an estimated $10,915,715
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 193,319 shares (+67.1%) to their portfolio in Q3 2025, for an estimated $10,727,271
- DIMENSIONAL FUND ADVISORS LP removed 192,565 shares (-10.2%) from their portfolio in Q3 2025, for an estimated $10,685,431
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$WOR Analyst Ratings
Wall Street analysts have issued reports on $WOR in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Canaccord Genuity issued a "Buy" rating on 09/25/2025
- Goldman Sachs issued a "Sell" rating on 06/26/2025
To track analyst ratings and price targets for $WOR, check out Quiver Quantitative's $WOR forecast page.
$WOR Price Targets
Multiple analysts have issued price targets for $WOR recently. We have seen 2 analysts offer price targets for $WOR in the last 6 months, with a median target of $61.5.
Here are some recent targets:
- Brian McNamara from Canaccord Genuity set a target price of $73.0 on 09/25/2025
- Susan Maklari from Goldman Sachs set a target price of $50.0 on 06/26/2025
Full Release
COLUMBUS, Ohio, Dec. 16, 2025 (GLOBE NEWSWIRE) -- The Worthington Enterprises Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of $0.19 per share. The dividend is payable on March 27, 2026, to shareholders of record on March 13, 2026. The company has paid a quarterly dividend since its initial public offering in 1968.
The board of directors also appointed Charles (Charlie) Chiappone as its newest member effective immediately. Chiappone retired from Armstrong World Industries Inc. in 2022 as senior vice president of the Ceiling and Wall Solutions business. Previously, he served as chief executive officer of Worthington Armstrong Venture (WAVE), which is the suspended ceiling systems joint venture between Worthington Enterprises and Armstrong, and president and chief executive officer of global plastics manufacturer Alloy Polymers. He is a veteran of the United States Marine Corps.
John Blystone, chairman of the board, Worthington Enterprises, said, “We are pleased to welcome Charlie to the Worthington Enterprises board. In addition to his familiarity with our business and culture from his time with Armstrong and WAVE, he brings highly respected perspectives on innovation, transformation and M&A that will help inform our growth strategies as we create value for our shareholders.”
Worthington Enterprises, a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences, will hold its quarterly earnings conference call tomorrow, December 17 at 8:30 a.m. ET. The company will discuss its fiscal second quarter results, which will be released later today after the market closes.
Please click here to register for tomorrow's live audio webcast or visit IR.worthingtonenterprises.com . For those unable to listen live, a replay will be available in the Investors section of the company’s website approximately two hours after the completion of the call and will be archived for one year.
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LIVE CONFERENCE CALL DETAILS
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| Date: | Wednesday, December 17, 2025 |
| Webcast Link: | https://events.q4inc.com/attendee/307975816 |
| Starting Time: | 8:30 a.m. ET |
| Conference ID: | 1777337 |
| Domestic Participants: | 888-330-3567 |
About Worthington Enterprises
Worthington Enterprises (NYSE: WOR) is a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences. The company operates with two primary business segments: Building Products and Consumer Products. The Building Products segment includes heating and cooling, cooking, construction and water solutions, and building systems including HVAC components, architectural and acoustical grid ceilings and metal framing and accessories. The Consumer Products segment provides solutions for the tools, outdoor living and celebrations categories. Product brands within the Worthington Enterprises portfolio include Balloon Time®, Bernzomatic®, Coleman® (propane cylinders), CoMet®, Elgen, Garden Weasel®, General®, HALO™, Hawkeye™, LEVEL5 Tools®, Mag Torch®, NEXI™, Pactool International®, PowerCore™, Ragasco®, Well-X-Trol® and XLite™, among others.
Headquartered in Columbus, Ohio, Worthington Enterprises and its joint ventures employ approximately 6,000 people throughout North America and Europe.
Founded in 1955 as Worthington Industries, Worthington Enterprises follows a people-first Philosophy with earning money for its shareholders as its first corporate goal. Worthington Enterprises achieves this outcome by empowering its employees to innovate, thrive and grow with leading brands in attractive markets that improve everyday life. The company engages deeply with local communities where it has operations through volunteer efforts and The Worthington Companies Foundation , participates actively in workforce development programs and reports annually on its corporate citizenship and sustainability efforts . For more information, visit worthingtonenterprises.com .
Forward-Looking Statements
Statements by Worthington Enterprises that are not limited to historical information constitute “forward-looking statements” under federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from those expected by Worthington Enterprises. Readers should evaluate forward-looking statements in the context of such risks, uncertainties and other factors, many of which are described in Worthington Enterprises’ filings with the Securities and Exchange Commission (“SEC”). Forward-looking statements are qualified by the cautionary statements included in Worthington Enterprises’ SEC filings and other public communications. This press release speaks only as of the date hereof. Worthington Enterprises does not undertake any obligation to update or revise its forward-looking statements except as required by applicable law or regulation.
Sonya L. Higginbotham
Senior Vice President
Chief of Corporate Affairs, Communications and Sustainability
614.438.7391
[email protected]
Marcus A. Rogier
Treasurer and Investor Relations Officer
614.840.4663
[email protected]
200 Old Wilson Bridge Rd.
Columbus, Ohio 43085
WorthingtonEnterprises.com
