Worthington Steel (WS)

• Market cap: $1.44B
• 1 day: -1.80%
• 5 days: -1.11%
• 1 month: -8.66%
• 3 months: -35.40%
• 6 months: -16.25%
• Year to date: -9.59%
• 1 year: -6.37%
• 5 years: 13.56%
• 10 years: 13.56%
• Sector: Materials
• Industry: Steel Works, Blast Furnaces & Rolling & Finishing Mills

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 Q4 regulatory filings by fund managers ($100M+ AUM)

381% more call options, than puts

Call options by funds: $582K | Put options by funds: $121K

22% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 60

2.2% more ownership

Funds ownership: 46.12% [Q3] → 48.32% (+2.2%) [Q4]

1% less capital invested

Capital invested by funds: $790M [Q3] → $781M (-$9.19M) [Q4]

6% less funds holding

Funds holding: 216 [Q3] → 204 (-12) [Q4]

19% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 36