Worthington Steel
About: Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.
Employees: 4,600
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
115% more call options, than puts
Call options by funds: $561K | Put options by funds: $261K
37% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 60
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
3% more funds holding
Funds holding: 208 [Q2] → 215 (+7) [Q3]
0% less capital invested
Capital invested by funds: $789M [Q2] → $787M (-$1.83M) [Q3]
1.02% less ownership
Funds ownership: 46.96% [Q2] → 45.95% (-1.02%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for WS.
Financial journalist opinion
Based on 4 articles about WS published over the past 30 days
