Worthington Enterprises (NYSE:WOR) Major Shareholder John P/Oh Mcconnell Sells 26,753 Shares of Stock
Major shareholder John P/Oh Mcconnell sold 26,753 shares of Worthington Enterprises (NYSE:WOR) stock for approximately $1.58 million, reducing his ownership by 1.96% but still retaining 1.34 million shares. The company recently reported quarterly earnings that missed analyst expectations but saw a 16.9% year-over-year revenue increase and raised its quarterly dividend to $0.20 per share, offering a 1.4% yield. Analysts currently hold a "Moderate Buy" consensus rating with an average price target of $65.50 for Worthington Enterprises.
Why it matters
Attributed market update with source link for portfolio context.