World Kinect (NYSE:WKC) Issues FY 2026 Earnings Guidance

World Kinect (NYSE:WKC) issued an update on 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 EPS estimate of 2.790. The company issued revenue guidance of -.

World Kinect Stock Performance

NYSE WKC traded up $0.10 on Thursday, reaching $36.39. The stock had a trading volume of 1,470,500 shares, compared to its average volume of 922,601. The stock has a market cap of $1.87 billion, a P/E ratio of -3.56, a price-to-earnings-growth ratio of 0.75 and a beta of 1.19. World Kinect has a 12-month low of $22.21 and a 12-month high of $37.88. The business’s 50-day moving average price is $31.88 and its 200 day moving average price is $27.60. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.87 and a current ratio of 1.05.

World Kinect (NYSE:WKC) last announced its earnings results on Thursday, July 23rd. The company reported $1.29 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.54. The business had revenue of $13.59 billion for the quarter, compared to analysts’ expectations of $10.50 billion. 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. As a group, equities analysts expect that World Kinect will post 2.79 earnings per share for the current year.

World Kinect Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were issued a dividend of $0.23 per share. This is an increase from World Kinect’s previous quarterly dividend of $0.20. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, June 30th. World Kinect’s dividend payout ratio is -9.01%.

Wall Street Analyst Weigh In

Several analysts have commented on WKC shares. Wall Street Zen raised World Kinect from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research lowered shares of World Kinect from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Weiss Ratings upgraded shares of World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 29th. Finally, Morgan Stanley raised their target price on shares of World Kinect from $26.00 to $28.00 and gave the stock an “underweight” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $30.50.

Insider Activity at World Kinect

In other news, Chairman Michael J. Kasbar sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $35.04, for a total transaction of $876,000.00. Following the sale, the chairman owned 986,450 shares of the company’s stock, valued at $34,565,208. The trade was a 2.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard A. Kassar sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $26.97, for a total value of $269,700.00. Following the completion of the sale, the director owned 53,812 shares in the company, valued at approximately $1,451,309.64. This represents a 15.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 132,928 shares of company stock worth $3,983,065 over the last three months. 3.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in shares of World Kinect by 2.2% in the first quarter. Royal Bank of Canada now owns 68,228 shares of the company’s stock valued at $1,934,000 after purchasing an additional 1,481 shares in the last quarter. AQR Capital Management LLC grew its holdings in World Kinect by 16.5% during the 1st quarter. AQR Capital Management LLC now owns 119,198 shares of the company’s stock valued at $3,380,000 after buying an additional 16,874 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in World Kinect by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,972 shares of the company’s stock worth $963,000 after buying an additional 1,497 shares in the last quarter. Millennium Management LLC increased its position in World Kinect by 3.3% during the first quarter. Millennium Management LLC now owns 525,697 shares of the company’s stock worth $14,909,000 after buying an additional 16,738 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of World Kinect by 18.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,791 shares of the company’s stock worth $6,262,000 after acquiring an additional 34,807 shares during the last quarter. Institutional investors and hedge funds own 97.06% of the company’s stock.

About World Kinect

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.