World Kinect (NYSE:WKC) Director Paul Stebbins Sells 20,828 Shares

World Kinect Corporation (NYSE:WKC) Director Paul Stebbins sold 20,828 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $27.69, for a total transaction of $576,727.32. Following the sale, the director owned 40,669 shares of the company’s stock, valued at $1,126,124.61. This trade represents a 33.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

World Kinect Stock Performance

NYSE WKC opened at $26.87 on Friday. The company has a fifty day moving average price of $24.09 and a 200-day moving average price of $24.89. 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 cap of $1.38 billion, a price-to-earnings ratio of -2.63, a PEG ratio of 0.55 and a beta of 1.22. World Kinect Corporation has a 1 year low of $22.21 and a 1 year high of $29.85.

World Kinect (NYSE:WKC) last released its quarterly earnings data on Thursday, April 23rd. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.31 by $0.44. World Kinect had a negative net margin of 1.53% and a positive return on equity of 8.27%. The business had revenue of $9.69 billion for the quarter, compared to the consensus estimate of $9.29 billion. During the same period in the prior year, the firm earned $0.48 earnings per share. The company’s revenue was up 2.5% compared to the same quarter last year. 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 2.79 EPS for the current fiscal year.

World Kinect Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 16th. Shareholders 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 yield of 3.0%. The ex-dividend date was Monday, March 30th. World Kinect’s dividend payout ratio (DPR) is presently -7.84%.

World Kinect News Roundup

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

• Positive Sentiment: Zacks upgraded WKC from “hold” to “strong-buy” and published several notes calling the stock a bargain with momentum and rising earnings estimates — a catalyst that can attract retail and momentum investors. Zacks Upgrade
• Positive Sentiment: Zacks featured WKC in articles highlighting it as a value/momentum pick (e.g., “Despite Fast-paced Momentum, World Kinect Is Still a Bargain” and “4 Value Stocks to Buy Now”), reinforcing a near-term bullish case. Despite Fast-paced Momentum
• Neutral Sentiment: Institutional positioning is active: several hedge funds and asset managers have modestly increased or established positions in WKC, which supports liquidity but does not guarantee direction.
• Negative Sentiment: Director Paul H. Stebbins sold 20,828 shares on May 5 at an average ~$27.69 (≈$576.7k), reducing his holding by ~33.9% — a large, disclosed sale that can be viewed negatively by the market. Stebbins Sale
• Negative Sentiment: Chairman Michael Kasbar disclosed multiple small-to-medium sales (10,000 shares on May 4 at ~$27.11 and 500 shares on May 5 at ~$27.50). While his remaining stake is still large, the sequence of sales can prompt short-term selling pressure. Kasbar SEC Filing
• Negative Sentiment: CAO Michael Kroll sold 2,100 shares on May 4 at ~$27.30, another insider liquidity event that adds to the perception of selling by insiders. Kroll Filing
• Negative Sentiment: Broker stance is mixed: Morgan Stanley nudged its price target slightly higher but kept an “underweight” rating — a cautious signal that can blunt enthusiasm from upgrades. Morgan Stanley Note

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WKC. Wall Street Zen raised World Kinect from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Morgan Stanley raised their price target on World Kinect from $25.00 to $26.00 and gave the company an “underweight” rating in a report on Tuesday. Finally, Zacks Research upgraded World Kinect from a “hold” rating to a “strong-buy” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, World Kinect presently has an average rating of “Hold” and a consensus target price of $29.50.

Hedge Funds Weigh In On World Kinect

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC bought a new position in shares of World Kinect during the 1st quarter worth $37,000. Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of World Kinect during the 1st quarter worth $220,000. Illinois Municipal Retirement Fund grew its position in shares of World Kinect by 3.3% during the 1st quarter. Illinois Municipal Retirement Fund now owns 29,862 shares of the company’s stock worth $689,000 after buying an additional 950 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in shares of World Kinect by 12.6% during the 1st quarter. Sanctuary Advisors LLC now owns 19,985 shares of the company’s stock worth $461,000 after purchasing an additional 2,230 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of World Kinect by 7.6% during the 1st quarter. Principal Financial Group Inc. now owns 365,120 shares of the company’s stock worth $8,423,000 after purchasing an additional 25,708 shares during the last quarter. Institutional investors own 97.06% of the company’s stock.

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.