Worthington Steel INC

On July 15, 2026, Worthington Steel issued a press release announcing that the acceptance period has opened for its public delisting tender offer for all outstanding shares of Klöckner & Co SE not already owned by the company. The offer, made through its German subsidiary Worthington Steel GmbH, received approval from the German Federal Financial Supervisory Authority (BaFin).

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2026-07-10 (/A)

Worthington Steel corrected its fourth-quarter earnings release after discovering errors in impairment charges and loan commitment costs. The company increased impairment charges for its Electrical Steel unit and added previously omitted bridge loan commitment costs. The corrections only affect the fiscal 2026 fourth quarter and full year, with no impact on earlier quarters or future guidance.

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2026-06-30

Worthington Steel entered into a new $550 million asset-based revolving credit facility on June 25, 2026, replacing its prior credit agreement with PNC. The facility can be increased up to $200 million at any time, or up to $650 million under certain conditions tied to the Klöckner acquisition. The funds will support the Klöckner acquisition, working capital, and general corporate purposes. The old credit agreement was terminated upon signing the new one.

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FAQ

Who are the top institutional investors holding WORTHINGTON STEEL INC (WS)?

Major stakeholders currently include BlackRock, Inc. ($154.9M), Dimensional Fund Advisors LP ($76.5M), Vanguard Portfolio Management LLC ($69.1M). Based on the latest 13F filings, there are a total of 243 tracked investment funds and institutions maintaining positions in WS.

What is the overall institutional sentiment toward WS recently?

Institutional sentiment appears Bearish (Net Selling). During the most recent reporting quarter, the stock experienced a net outflow of $70.4M, driven by 109 managers accumulating shares while 96 reduced their exposure.

Which institutions have been selling or reducing their WS positions?

In the latest period, 67 funds trimmed their holdings, and 29 managers completely exited their positions. The aggregate reported sell value was $407.0M.

Are there any notable investors adding WS to their portfolios?

Yes, buying activity remains notable. 30 institutions opened new positions in {ticker}, and 79 existing holders added to their shares. The total reported buy value for the quarter amounted to $404.6M.