WORTHINGTON STEEL, INC.
At today's price, WORTHINGTON STEEL, INC. (WS) is priced for today's economics sustained for ~6.5 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
- Reported earnings are distorted by inventory accounting tied to HRC steel prices (FY2025 10-K, accession 0000950170-25-099742): the company expects 10 to 15 million dollars of inventory holding gains in Q1 fiscal 2027 on rising steel prices, which flatters results but reverses when prices fall. - The Klöckner & Co acquisition, the largest in company history at roughly 62 percent ownership, targets 150 million dollars of EBITDA synergies plus 150 million dollars of working-capital opportunities
Is WS overvalued? See what's priced in →
237 institutional managers reported holding WS in 13F filings for the quarter ended 2026-03-31. Together they hold about 55% of the company; the top 10 hold 36%. 30 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 1.6M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (6.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
It pays a dividend, and has for 2 years running; the current rate is $0.64 a share annually. Cash returned over the past three years: $64.40M in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at WS over the trailing three years: 2024: 1 buy totaling $52k; 2026: 2 buys totaling $374k. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
WS's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2024-04-13 | +5.8% | -14.6% |
| 2024-08-03 | +1.7% | -3.7% |
| 2024-10-16 | +1.8% | +9.4% |
| 2025-01-14 | +5.2% | -12.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
WS's latest 8-K filings: 2026-07-15 (items 7.01, 9.01); 2026-06-30 (items 1.01, 1.02, 2.03, 9.01); 2026-06-25 (items 2.02, 5.02, 8.01, 9.01); 2026-06-03 (items 2.01, 7.01, 9.01); 2026-06-02 (items 1.01, 2.03, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.