Fund managers including Cooper Investors, L1 Capital, Endeavor Asset Management, Ten Cap, Equity Trustees Asset Management, Yarra Capital Management, Antares Capital, Clime Investment Management, Sterling Managed Investments, Elston Asset Management, Pendal Group, Perennial Partners, Solaris Investment Management, Pengana Capital Group, ClearBridge Investments, Maple-Brown Abbott, Alphinity Investment Management, Spheria Asset Management, Australian Eagle Asset Management and First Samuel have invested in Worley Ltd (ASX:WOR).

Pendal Group highlights continued contract wins, including engineering, procurement, fabrication and construction services for Pembina's Heartland Extraction Plant in Canada, building on Worley's expertise in large processing facilities. Alphinity acknowledges the stock screens cheaply, but managers generally want to see earnings upgrades before the opportunity becomes compelling.

Maple-Brown Abbott is wary of contractor risk and over-earning during periods of strong contract wins, while Alphinity notes projects being delayed or cancelled and weaker green energy economics. Antares Capital exited due to Middle East conflict disrupting Gulf project logistics and raising the risk of further slippage, and Pendal flagged soft FY27 guidance and long-running underperformance since the Jacobs acquisition.

Worley Ltd., founded in 1971 and headquartered in Sydney, Australia, provides professional services to the global resources, energy, and industrial sectors. The company operates through four key segments: Energy and Chemical Services, offering engineering and project management; Mining, Minerals and Metals Services, delivering integrated engineering solutions; Major Projects and Integrated Solutions, focusing on complex large-scale projects and facility lifecycle maintenance; and Advisian, providing strategic management and technical consulting. Worley supports clients by optimizing operations and project execution across the hydrocarbons, infrastructure, and resources industries.