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Worthington Steel (WS) is experiencing a stock surge following its announcement to acquire Kloeckner and Co, a prominent steel service center and metal processor
Worthington Steel to acquire Kloeckner and Co for $2.4 billion, creating North America's second-largest steel service center.
Worthington Steel said on Thursday that it would buy metal processing firm Kloeckner & Co in a deal valued at $2.4 billion.
Allspring Global Investments Holdings LLC increased its position in shares of Worthington Steel, Inc. (NYSE: WS) by 31.7% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 204,091 shares of the company's stock after acquiring an additional 49,121 shares
Deprince Race and Zollo Inc. boosted its position in Worthington Steel, Inc. (NYSE: WS) by 76.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,995 shares of the company's stock after purchasing an additional 74,349 shares during
Worthington Steel, Inc. has outperformed the S&P 500, returning 16% including dividends since my last Buy rating. WS delivered strong Q2 2026 results: revenue of $871.9M (+18% YoY), adjusted EBITDA of $48.3M, and adjusted EPS of $0.38. Direct sales now comprise 65% of WS's mix, with automotive shipments up 26% and energy up 50%, driving improved margins despite patchy demand.
Worthington Steel, Inc. ( WS ) Q2 2026 Earnings Call December 18, 2025 8:30 AM EST Company Participants Melissa Dykstra - Vice President of Corporate Communication & Investor Relations Geoffrey Gilmore - CEO, President & Director Timothy Adams - VP & CFO Conference Call Participants Philip Gibbs - KeyBanc Capital Markets Inc., Research Division John Tumazos - John Tumazos Very Independent Research, LLC Martin Englert - Seaport Research Partners Presentation Operator Good morning, and welcome to Worthington Steel's Second Quarter Fiscal Year 2026 Earnings Call. [Operator Instructions] I will now turn the call over to Melissa Dykstra, Vice President of Corporate Communications and Investor Relations.
Worthington Steel, Inc. (WS) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.19 per share a year ago.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today reported financial results for the fiscal 2026 second quarter ended November 30, 2025.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel (NYSE: WS) has declared a quarterly dividend of $0.16 payable on March 27, 2026, to shareholders of record March 13, 2026.
Worthington Steel (NYSE: WS - Get Free Report) and Li Bang International (NASDAQ: LBGJ - Get Free Report) are both small-cap basic materials companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, dividends, valuation, analyst recommendations, risk and earnings. Insider and Institutional Ownership 45.4%
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it has been named to Foundry's Computerworld 2026 Best Places to Work in IT list.
Dallas-based Meros Investment Management sold all 176,881 shares of Worthington Steel in the third quarter. The reduction represented about $5.3 million in estimated value.
The German metals company is in talks with Worthington Steel though it remains unclear if an offer will be made.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today issued the following statement: We confirm that we are in negotiations with Klöckner & Co SE about a potential voluntary public takeover offer of Klöckner & Co SE. No investment decision has been made now and the discussions may not result in a transaction. The Company does not intend to comment further. About Worthington Steel Worthington Steel (NYSE:WS) is a metals processor that partners with customers to deliv.
Fisher Asset Management LLC decreased its position in shares of Worthington Steel, Inc. (NYSE: WS) by 17.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 132,809 shares of the company's stock after selling 28,881 shares during the period. Fisher
Li Bang International (NASDAQ: LBGJ - Get Free Report) and Worthington Steel (NYSE: WS - Get Free Report) are both small-cap basic materials companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, dividends, earnings, valuation, risk, analyst recommendations and institutional ownership. Profitability This table compares Li
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it has been named a 2025 Supplier of the Year by Schaeffler Group USA Inc.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it has earned the 2026 Military Friendly® Employer Gold designation.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today the release of its 2025 Corporate Citizenship and Sustainability Report.