Key Points
- Kirby VP Ronald Dragg sold 1,726 shares on May 4 at an average of $145.01 for a total of $250,287.26, cutting his stake by 16.60% to 8,673 shares (≈$1.26M).
- Kirby beat Q1 estimates with $1.50 EPS and $844.1M revenue (up 7.4% YoY) and issued FY2026 guidance of 6.650–7.280 EPS, versus an analyst consensus of 6.89 EPS.
- The stock trades near $142.53 with a market cap of $7.64B and a PE of ~21.9, while six analysts rate the shares a Buy and one rates them a Hold, with a consensus target of $146.20.
Kirby Corporation (NYSE:KEX - Get Free Report) VP Ronald Dragg sold 1,726 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $145.01, for a total transaction of $250,287.26. Following the sale, the vice president directly owned 8,673 shares of the company's stock, valued at approximately $1,257,671.73. This trade represents a 16.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Kirby Price Performance
KEX stock opened at $142.53 on Thursday. Kirby Corporation has a one year low of $79.51 and a one year high of $157.69. The company's fifty day moving average price is $136.72 and its 200-day moving average price is $121.68. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.96 and a current ratio of 1.53. The company has a market capitalization of $7.64 billion, a PE ratio of 21.93, a price-to-earnings-growth ratio of 1.49 and a beta of 0.85.
Kirby (NYSE:KEX - Get Free Report) last released its earnings results on Thursday, April 30th. The shipping company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.41 by $0.09. Kirby had a net margin of 10.51% and a return on equity of 10.65%. The firm had revenue of $844.10 million for the quarter, compared to the consensus estimate of $832.57 million. During the same quarter in the previous year, the firm earned $1.33 earnings per share. The company's quarterly revenue was up 7.4% compared to the same quarter last year. Kirby has set its FY 2026 guidance at 6.650-7.280 EPS. On average, equities analysts anticipate that Kirby Corporation will post 6.89 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of KEX. Jennison Associates LLC raised its holdings in Kirby by 3.3% during the 1st quarter. Jennison Associates LLC now owns 758,029 shares of the shipping company's stock valued at $100,727,000 after buying an additional 24,147 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Kirby by 18.2% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 520 shares of the shipping company's stock valued at $69,000 after buying an additional 80 shares during the period. California Public Employees Retirement System raised its holdings in Kirby by 1.0% during the 1st quarter. California Public Employees Retirement System now owns 104,950 shares of the shipping company's stock valued at $13,946,000 after buying an additional 1,029 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in Kirby by 6.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 219,435 shares of the shipping company's stock valued at $29,584,000 after buying an additional 14,120 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Kirby by 1.5% during the 1st quarter. Bank of New York Mellon Corp now owns 337,835 shares of the shipping company's stock valued at $44,892,000 after buying an additional 5,020 shares during the period. 96.15% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
KEX has been the topic of several research analyst reports. Citigroup boosted their target price on shares of Kirby from $147.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, April 9th. BTIG Research boosted their target price on shares of Kirby from $160.00 to $170.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. Evercore reissued an "outperform" rating and issued a $158.00 target price on shares of Kirby in a report on Friday, May 1st. Zacks Research raised shares of Kirby from a "strong sell" rating to a "hold" rating in a report on Friday, March 13th. Finally, Weiss Ratings upgraded Kirby from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, May 1st. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $146.20.
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Kirby Company Profile
(
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Kirby Corporation is a leading domestic maritime transporter of bulk liquid products in the United States. Through its Marine Transportation segment, the company operates one of North America's largest fleets of inland tank barges and towing vessels. Kirby's fleet moves petrochemicals, black oil, refined petroleum products and agricultural chemicals along coastal and inland waterways, providing critical logistical support to energy, chemical and agricultural producers.
In addition to its marine operations, Kirby's Distribution and Services segment offers diesel engine and power generation services, along with aftermarket parts sales.
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