Worthington Industries Inc. (NYSE:WOR)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $44.30 and last traded at $44.05, with a volume of 194,164 shares changing hands. The stock had previously closed at $43.67.

A number of equities analysts recently commented on WOR shares. Jefferies Group raised their target price on Worthington Industries to $33.00 in a report on Monday, March 21st. Zacks Investment Research raised Worthington Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, March 23rd. TheStreet raised Worthington Industries from a “hold” rating to a “buy” rating in a research report on Tuesday, March 22nd. Finally, JPMorgan Chase & Co. increased their price target on Worthington Industries from $33.00 to $36.00 and gave the company a “neutral” rating in a research report on Thursday, March 24th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $37.00.

The firm has a market cap of $2.71 billion and a price-to-earnings ratio of 19.82. The firm has a 50 day moving average of $39.12 and a 200 day moving average of $34.42.

Worthington Industries (NYSE:WOR) last released its earnings results on Wednesday, June 29th. The company reported $0.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.28. The business earned $714.70 million during the quarter. The company’s revenue was down 15.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.52 EPS. On average, equities research analysts forecast that Worthington Industries Inc. will post $2.89 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 29th. Investors of record on Thursday, September 15th will be paid a $0.20 dividend. This is an increase from Worthington Industries’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $0.80 annualized dividend and a yield of 1.83%.

In related news, VP Dale T. Brinkman sold 11,500 shares of the company’s stock in a transaction on Thursday, April 28th. The stock was sold at an average price of $37.32, for a total value of $429,180.00. Following the completion of the transaction, the vice president now directly owns 67,386 shares in the company, valued at $2,514,845.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Catherine M. Lyttle sold 3,750 shares of the company’s stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of $42.37, for a total value of $158,887.50. Following the completion of the transaction, the vice president now owns 25,488 shares of the company’s stock, valued at $1,079,926.56. The disclosure for this sale can be found here.

A number of institutional investors have added to or reduced their stakes in WOR. Globeflex Capital L P raised its position in Worthington Industries by 260.7% in the fourth quarter. Globeflex Capital L P now owns 35,008 shares of the company’s stock valued at $1,055,000 after buying an additional 25,303 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in Worthington Industries by 0.3% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 42,591 shares of the company’s stock valued at $1,284,000 after buying an additional 130 shares during the last quarter. New York State Common Retirement Fund raised its position in Worthington Industries by 3.9% in the fourth quarter. New York State Common Retirement Fund now owns 45,500 shares of the company’s stock valued at $1,371,000 after buying an additional 1,700 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its position in Worthington Industries by 5.6% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 61,731 shares of the company’s stock valued at $1,861,000 after buying an additional 3,257 shares during the last quarter. Finally, Bank of Montreal Can raised its position in Worthington Industries by 20.6% in the fourth quarter. Bank of Montreal Can now owns 65,858 shares of the company’s stock valued at $1,986,000 after buying an additional 11,258 shares during the last quarter.

Worthington Industries, Inc is a diversified metals manufacturing company. The Company’s segments include Steel Processing, Pressure Cylinders, Engineered Cabs and Other. The Company’s Steel Processing segment consists of the Worthington Steel business unit, Precision Specialty Metals, Inc and Worthington Steelpac Systems, LLC and also includes two consolidated joint ventures: Spartan Steel Coating, LLC, which operates a cold-rolled hot dipped galvanizing line in Monroe, Michigan, and TWB Company, LLC., which operates a laser welded blank business.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.