Principal Financial Group Inc. Grows Position in World Kinect Corporation $WKC

Principal Financial Group Inc. lifted its position in shares of World Kinect Corporation (NYSE:WKC) by 7.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 365,120 shares of the company’s stock after purchasing an additional 25,708 shares during the quarter. Principal Financial Group Inc. owned 0.71% of World Kinect worth $8,423,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Aquatic Capital Management LLC purchased a new stake in World Kinect during the third quarter worth $61,000. Clearstead Advisors LLC increased its holdings in World Kinect by 108.8% in the fourth quarter. Clearstead Advisors LLC now owns 2,633 shares of the company’s stock valued at $62,000 after buying an additional 1,372 shares in the last quarter. Aster Capital Management DIFC Ltd increased its holdings in World Kinect by 977.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,630 shares of the company’s stock valued at $62,000 after buying an additional 2,386 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of World Kinect in the second quarter worth about $96,000. Finally, Tower Research Capital LLC TRC raised its position in shares of World Kinect by 72.7% in the second quarter. Tower Research Capital LLC TRC now owns 6,021 shares of the company’s stock worth $171,000 after acquiring an additional 2,534 shares during the period. 97.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Weiss Ratings upgraded World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 29th. Wall Street Zen upgraded World Kinect from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Morgan Stanley raised their price objective on World Kinect from $26.00 to $28.00 and gave the company an “underweight” rating in a report on Tuesday, July 21st. Finally, Zacks Research raised World Kinect from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.50.

World Kinect Trading Up 0.1%

Shares of World Kinect stock opened at $38.17 on Monday. The company has a current ratio of 1.06, a quick ratio of 0.91 and a debt-to-equity ratio of 0.58. World Kinect Corporation has a twelve month low of $22.21 and a twelve month high of $41.20. The firm has a market capitalization of $1.96 billion, a PE ratio of -11.89, a P/E/G ratio of 0.66 and a beta of 1.19. The firm’s 50-day moving average price is $32.24 and its 200 day moving average price is $27.78.

World Kinect (NYSE:WKC) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.29 EPS for the quarter, topping the consensus estimate of $0.75 by $0.54. The company had revenue of $13.59 billion during the quarter, compared to analyst estimates of $10.50 billion. World Kinect had a positive return on equity of 11.24% and a negative net margin of 0.43%.World Kinect’s quarterly revenue was up 50.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 EPS. World Kinect has set its FY 2026 guidance at 3.200-3.400 EPS. On average, sell-side analysts predict that World Kinect Corporation will post 3.3 EPS for the current fiscal year.

World Kinect Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Investors 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 annualized dividend and a yield of 2.4%. This is an increase from World Kinect’s previous quarterly dividend of $0.20. World Kinect’s dividend payout ratio is currently -28.66%.

Insider Transactions at World Kinect

In other World Kinect news, Director Richard A. Kassar sold 10,000 shares of the firm’s stock in a transaction 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 transaction, the director owned 53,812 shares in the company, valued at approximately $1,451,309.64. This trade represents a 15.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Michael J. Kasbar sold 25,000 shares of World Kinect stock in a transaction 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 directly owned 986,450 shares in the company, valued at approximately $34,565,208. This trade represents a 2.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 109,275 shares of company stock valued at $3,316,523 in the last 90 days. 3.80% of the stock is owned by company insiders.

Trending Headlines about World Kinect

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

• Positive Sentiment: World Kinect beat Q2 expectations with EPS of $1.29 versus the $0.75 consensus, while revenue came in at $13.59 billion, well above the $10.50 billion estimate. Revenue also grew 50.3% year over year, pointing to strong operating momentum. World Kinect (WKC) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised FY 2026 EPS guidance to $3.20-$3.40, above the prior Street view of about $2.79, suggesting management sees continued earnings strength ahead. World Kinect quarterly earnings report
• Positive Sentiment: Following the earnings release, Zacks Research upgraded World Kinect from hold to strong-buy, reinforcing the bullish sentiment around the stock. Tickerreport.com
• Neutral Sentiment: Additional earnings-call transcripts and presentation materials were published, but they mainly provided more detail on the quarter rather than a new catalyst. World Kinect Corporation (WKC) Q2 2026 Earnings Call Transcript

World Kinect 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.