World Kinect (NYSE:WKC – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 3.200-3.400 for the period, compared to the consensus estimate of 2.790. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of analysts have recently weighed in on WKC shares. Weiss Ratings upgraded World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 29th. Zacks Research raised shares of World Kinect from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Wall Street Zen upgraded shares of World Kinect from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Morgan Stanley raised their target price on World Kinect from $26.00 to $28.00 and gave the company an “underweight” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.50.
Read Our Latest Stock Analysis on WKC
World Kinect Stock Performance
World Kinect (NYSE:WKC – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.54. World Kinect had a negative net margin of 0.43% and a positive return on equity of 11.01%. The business had revenue of $13.59 billion during the quarter, compared to analyst estimates of $10.50 billion. During the same quarter last year, the business earned $0.59 EPS. The firm’s quarterly revenue was up 50.3% on a year-over-year basis. World Kinect has set its FY 2026 guidance at 3.200-3.400 EPS. Equities research analysts forecast that World Kinect will post 2.89 EPS for the current year.
World Kinect Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were given a dividend of $0.23 per share. 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 -9.01%.
Insider Buying and Selling
In other news, Chairman Michael J. Kasbar sold 25,000 shares of the company’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $35.04, for a total value of $876,000.00. Following the sale, the chairman directly owned 986,450 shares of the company’s stock, valued at approximately $34,565,208. This represents a 2.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Paul H. Stebbins sold 20,828 shares of the company’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 directly owned 40,669 shares in the company, valued at $1,126,124.61. This trade represents a 33.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 109,275 shares of company stock worth $3,316,523. Corporate insiders own 3.80% of the company’s stock.
World Kinect News Summary
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
Institutional Trading of World Kinect
Several large investors have recently modified their holdings of WKC. Royal Bank of Canada boosted its stake in World Kinect by 2.2% during the first 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 grew 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 buying an additional 16,874 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in 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 buying an additional 1,497 shares in the last quarter. Millennium Management LLC boosted its holdings in World Kinect by 3.3% in the first quarter. Millennium Management LLC now owns 525,697 shares of the company’s stock worth $14,909,000 after acquiring an additional 16,738 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of 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 valued at $6,262,000 after acquiring an additional 34,807 shares in the last quarter. Institutional investors and hedge funds 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.
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