World Kinect Corporation (NYSE:WKC – Get Free Report) CAO Michael John Kroll sold 2,100 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $27.30, for a total transaction of $57,330.00. Following the completion of the transaction, the chief accounting officer directly owned 10,390 shares of the company’s stock, valued at approximately $283,647. This represents a 16.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
World Kinect Stock Performance
WKC traded down $0.80 on Wednesday, reaching $26.83. 1,015,901 shares of the stock were exchanged, compared to its average volume of 883,067. The company’s 50-day moving average price is $24.02 and its 200 day moving average price is $24.86. 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 firm has a market capitalization of $1.38 billion, a PE ratio of -2.63, a PEG ratio of 0.55 and a beta of 1.22. World Kinect Corporation has a fifty-two week low of $22.21 and a fifty-two week high of $29.85.
World Kinect (NYSE:WKC – Get Free Report) last issued its earnings results on Thursday, April 23rd. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.44. World Kinect had a positive return on equity of 8.27% and a negative net margin of 1.53%.The firm had revenue of $9.69 billion for the quarter, compared to analyst estimates of $9.29 billion. During the same quarter in the prior year, the firm earned $0.48 earnings per share. World Kinect’s revenue for the quarter was up 2.5% on a year-over-year basis. World Kinect has set its FY 2026 guidance at 2.650-2.850 EPS. As a group, sell-side analysts forecast that World Kinect Corporation will post 2.83 EPS for the current fiscal year.
World Kinect Announces Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. Wall Street Zen raised World Kinect from a “hold” rating to a “buy” rating in a research report on Saturday. Morgan Stanley upped their target price on World Kinect from $25.00 to $26.00 and gave the stock an “underweight” rating in a research note on Tuesday. Finally, Zacks Research upgraded World Kinect from a “hold” rating to a “strong-buy” rating in a research report on Monday. 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $29.50.
Get Our Latest Report on World Kinect
World Kinect News Roundup
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
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Royal Bank of Canada boosted its stake in shares of World Kinect by 2.2% during the 1st quarter. Royal Bank of Canada now owns 68,228 shares of the company’s stock worth $1,934,000 after acquiring an additional 1,481 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of World Kinect by 16.5% in the 1st quarter. AQR Capital Management LLC now owns 119,198 shares of the company’s stock valued at $3,380,000 after purchasing an additional 16,874 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of World Kinect by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,972 shares of the company’s stock valued at $963,000 after purchasing an additional 1,497 shares in the last quarter. Millennium Management LLC raised its holdings in World Kinect by 3.3% in the 1st quarter. Millennium Management LLC now owns 525,697 shares of the company’s stock worth $14,909,000 after purchasing an additional 16,738 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in World Kinect by 18.7% during 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 purchasing an additional 34,807 shares in 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.
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