Key Points
- Director Paul Stebbins sold 20,828 shares on May 5 at an average of $27.69 (≈$576,727), cutting his stake by about 33.87% to 40,669 shares valued at roughly $1.13M.
- Strong quarter and outlook: World Kinect reported $0.75 EPS (vs. $0.31 expected) and $9.69B revenue (vs. $9.29B expected), set FY2026 guidance of 2.65–2.85 EPS, and pays a quarterly $0.20 dividend (≈3.0% yield).
- Analyst and ownership picture is mixed—ratings range from Strong Buy to Sell with a consensus "Hold" and average price target of $29.50, while institutional investors own about 97% of the stock.
World Kinect Corporation (NYSE:WKC - Get Free Report) Director Paul Stebbins sold 20,828 shares of the company's stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $27.69, for a total value of $576,727.32. Following the sale, the director owned 40,669 shares of the company's stock, valued at $1,126,124.61. This trade represents a 33.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
World Kinect Trading Up 0.2%
Shares of NYSE WKC opened at $26.87 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 0.87. The stock has a market capitalization of $1.38 billion, a P/E ratio of -2.63, a price-to-earnings-growth ratio of 0.55 and a beta of 1.22. World Kinect Corporation has a 1-year low of $22.21 and a 1-year high of $29.85. The business has a fifty day moving average price of $24.09 and a 200 day moving average price of $24.89.
World Kinect (NYSE:WKC - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.44. The firm had revenue of $9.69 billion during the quarter, compared to analysts' expectations of $9.29 billion. World Kinect had a positive return on equity of 8.27% and a negative net margin of 1.53%.The firm's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.48 EPS. World Kinect has set its FY 2026 guidance at 2.650-2.850 EPS. Equities research analysts expect that World Kinect Corporation will post 2.79 EPS for the current fiscal year.
World Kinect Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 16th. Investors of record on Monday, March 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Monday, March 30th. World Kinect's dividend payout ratio is -7.84%.
Institutional Investors Weigh In On World Kinect
Institutional investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. boosted its holdings in World Kinect by 282.7% in the third quarter. Hantz Financial Services Inc. now owns 1,286 shares of the company's stock worth $33,000 after acquiring an additional 950 shares in the last quarter. Clearstead Advisors LLC boosted its holdings in World Kinect by 52.8% in the third quarter. Clearstead Advisors LLC now owns 1,261 shares of the company's stock worth $33,000 after acquiring an additional 436 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in shares of World Kinect in the first quarter worth about $37,000. Versant Capital Management Inc raised its stake in shares of World Kinect by 369.3% in the third quarter. Versant Capital Management Inc now owns 2,112 shares of the company's stock worth $55,000 after purchasing an additional 1,662 shares during the last quarter. Finally, Aquatic Capital Management LLC purchased a new position in shares of World Kinect in the third quarter worth about $61,000. Institutional investors and hedge funds own 97.06% of the company's stock.
Analysts Set New Price Targets
A number of equities research analysts have commented on the company. Morgan Stanley increased their price target on World Kinect from $25.00 to $26.00 and gave the company an "underweight" rating in a research note on Tuesday. Zacks Research raised World Kinect from a "hold" rating to a "strong-buy" rating in a report on Monday. Finally, Wall Street Zen raised World Kinect from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $29.50.
View Our Latest Stock Report on World Kinect
Key World Kinect News
Here are the key news stories impacting World Kinect this week:
- Positive Sentiment: Zacks upgraded WKC from "hold" to "strong-buy" and published several notes calling the stock a bargain with momentum and rising earnings estimates — a catalyst that can attract retail and momentum investors. Zacks Upgrade
- Positive Sentiment: Zacks featured WKC in articles highlighting it as a value/momentum pick (e.g., "Despite Fast-paced Momentum, World Kinect Is Still a Bargain" and "4 Value Stocks to Buy Now"), reinforcing a near-term bullish case. Despite Fast-paced Momentum
- Neutral Sentiment: Institutional positioning is active: several hedge funds and asset managers have modestly increased or established positions in WKC, which supports liquidity but does not guarantee direction. MarketBeat Institutional Activity
- Negative Sentiment: Director Paul H. Stebbins sold 20,828 shares on May 5 at an average ~$27.69 (≈$576.7k), reducing his holding by ~33.9% — a large, disclosed sale that can be viewed negatively by the market. Stebbins Sale
- Negative Sentiment: Chairman Michael Kasbar disclosed multiple small-to-medium sales (10,000 shares on May 4 at ~$27.11 and 500 shares on May 5 at ~$27.50). While his remaining stake is still large, the sequence of sales can prompt short-term selling pressure. Kasbar SEC Filing
- Negative Sentiment: CAO Michael Kroll sold 2,100 shares on May 4 at ~$27.30, another insider liquidity event that adds to the perception of selling by insiders. Kroll Filing
- Negative Sentiment: Broker stance is mixed: Morgan Stanley nudged its price target slightly higher but kept an "underweight" rating — a cautious signal that can blunt enthusiasm from upgrades. Morgan Stanley Note
World Kinect Company Profile
(
Get Free Report)
World Kinect Energy Services, Inc (NYSE: WKC) is a global energy services company specializing in fuel procurement, supply chain management and risk mitigation solutions. The company offers an integrated platform that facilitates the sourcing, trading and logistics of refined fuels, natural gas, liquefied natural gas (LNG) and renewable energy products. Its services are designed to help industrial, commercial and institutional clients optimize energy costs, comply with environmental regulations and manage price volatility.
In addition to traditional commodity trading and delivery, World Kinect provides a suite of value-added services that include carbon offset and decarbonization strategies, energy efficiency consulting and emissions reporting.
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