Insider Selling: World Kinect (NYSE:WKC) Chairman Sells 500 Shares of Stock

World Kinect Corporation (NYSE:WKC) Chairman Michael Kasbar sold 500 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $27.50, for a total transaction of $13,750.00. Following the completion of the sale, the chairman owned 1,051,450 shares in the company, valued at $28,914,875. This represents a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

World Kinect Price Performance

Shares of WKC traded down $0.80 during mid-day trading on Wednesday, reaching $26.83. 1,015,901 shares of the stock traded hands, compared to its average volume of 883,067. The firm has a fifty day moving average price of $24.02 and a 200 day moving average price of $24.86. The company has a market cap of $1.38 billion, a price-to-earnings ratio of -2.63, a price-to-earnings-growth ratio of 0.55 and a beta of 1.22. The company has a current ratio of 1.05, a quick ratio of 0.87 and a debt-to-equity ratio of 0.65. World Kinect Corporation has a 1 year low of $22.21 and a 1 year high of $29.85.

World Kinect (NYSE:WKC) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.44. The company had revenue of $9.69 billion for the quarter, compared to the consensus estimate 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 revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 earnings per share. World Kinect has set its FY 2026 guidance at 2.650-2.850 EPS. As a group, equities research analysts predict that World Kinect Corporation will post 2.83 earnings per share for the current year.

World Kinect Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 16th. Stockholders of record on Monday, March 30th were given 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 (DPR) is -7.84%.

Trending Headlines about World Kinect

Here are the key news stories impacting World Kinect this week:

• Positive Sentiment: Zacks Research upgraded WKC from “Hold” to “Strong Buy” and added the stock to its Zacks Rank #1 list — a buy-side signal that can attract momentum and retail interest. New Strong Buy Stocks for May 5th
• Positive Sentiment: Zacks published bullish pieces highlighting WKC as a bargain with momentum and noting rising earnings estimates — supporting near-term upside narrative around valuation and earnings revisions. Despite Fast-paced Momentum, World Kinect (WKC) Is Still a Bargain Stock
• Positive Sentiment: Zacks also flagged WKC in coverage about rising earnings estimates and as a value pick, reinforcing the view that recent analyst revisions could support higher shares over time. Can World Kinect (WKC) Run Higher on Rising Earnings Estimates?
• Neutral Sentiment: Morgan Stanley raised its price target from $25 to $26 but kept an “Underweight” rating — a modest PT lift but still signaling relative caution compared with the market. Morgan Stanley Note
• Negative Sentiment: Insider selling: Chairman Michael J. Kasbar sold 10,000 shares on May 4 at an average $27.11 and 500 shares on May 5 at $27.50 (filings show he still holds ~1.05M shares). These disclosed sales can weigh on sentiment, especially when clustered. Chairman SEC Filing
• Negative Sentiment: CAO Michael John Kroll sold 2,100 shares on May 4 at an average $27.30, reducing his stake ~16.8% — a larger percentage reduction that may draw investor attention. CAO SEC Filing
• Neutral Sentiment: Remember the company’s recent quarterly beat and FY2026 EPS guidance (2.65–2.85) — a fundamental positive that underpins Zacks’ favorable coverage but contrasts with the near-term technical and insider signals. Company Recent Results

Hedge Funds Weigh In On World Kinect

A number of large investors have recently modified their holdings of WKC. Mitsubishi UFJ Trust & Banking Corp boosted its position in World Kinect by 47.1% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 121,463 shares of the company’s stock valued at $3,152,000 after buying an additional 38,888 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of World Kinect by 42.3% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 156,011 shares of the company’s stock worth $4,048,000 after buying an additional 46,390 shares during the period. Numerai GP LLC bought a new stake in shares of World Kinect in the 3rd quarter valued at about $2,557,000. American Century Companies Inc. lifted its stake in shares of World Kinect by 64.1% in the 3rd quarter. American Century Companies Inc. now owns 1,042,766 shares of the company’s stock valued at $27,060,000 after acquiring an additional 407,225 shares during the last quarter. Finally, LSV Asset Management boosted its holdings in World Kinect by 6.3% during the 3rd quarter. LSV Asset Management now owns 1,740,728 shares of the company’s stock valued at $45,172,000 after acquiring an additional 103,489 shares during the period. 97.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Morgan Stanley raised their target price on shares of World Kinect from $25.00 to $26.00 and gave the company an “underweight” rating in a research note on Tuesday. Zacks Research raised shares of World Kinect from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Wall Street Zen raised shares of World Kinect from a “hold” rating to a “buy” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $29.50.

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.