World Kinect (NYSE:WKC – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 3.200-3.400 for the period, compared to the consensus earnings per share estimate of 2.790. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of equities analysts have commented on WKC shares. Wall Street Zen raised shares of World Kinect from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Zacks Research cut shares of World Kinect from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Weiss Ratings upgraded World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 29th. Finally, Morgan Stanley increased their target price on World Kinect from $26.00 to $28.00 and gave the stock an “underweight” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, World Kinect currently has an average rating of “Hold” and a consensus price target of $30.50.
Get Our Latest Stock Report on World Kinect
World Kinect Stock Performance
World Kinect (NYSE:WKC – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.54. World Kinect had a negative net margin of 1.53% and a positive return on equity of 8.27%. World Kinect has set its FY 2026 guidance at 3.200-3.400 EPS. On average, research analysts expect that World Kinect will post 2.79 EPS for the current fiscal year.
World Kinect Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th were paid a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from World Kinect’s previous quarterly dividend of $0.20. World Kinect’s dividend payout ratio (DPR) is currently -9.01%.
Insider Activity at World Kinect
In related news, Director Richard A. Kassar sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $26.97, for a total transaction of $269,700.00. Following the transaction, the director owned 53,812 shares in the company, valued at $1,451,309.64. This trade represents a 15.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul H. Stebbins sold 20,828 shares of the business’s stock in a transaction that occurred 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 directly owned 40,669 shares in the company, valued at approximately $1,126,124.61. The trade was a 33.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 132,928 shares of company stock valued at $3,983,065. Insiders own 3.80% of the company’s stock.
Institutional Investors Weigh In On World Kinect
A number of institutional investors and hedge funds have recently modified their holdings of WKC. Aquatic Capital Management LLC acquired a new stake in shares of World Kinect during the third quarter valued at approximately $61,000. Aster Capital Management DIFC Ltd grew its position in World Kinect by 977.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,630 shares of the company’s stock worth $62,000 after purchasing an additional 2,386 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in World Kinect during the 2nd quarter valued at $96,000. Tower Research Capital LLC TRC raised its stake in World Kinect by 72.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,021 shares of the company’s stock valued at $171,000 after purchasing an additional 2,534 shares during the period. Finally, Corient Private Wealth LLC purchased a new stake in shares of World Kinect in the second quarter valued at $214,000. 97.06% of the stock is owned by institutional investors and hedge funds.
World Kinect Company Profile
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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