Kirby (NYSE:KEX) Share Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Kirby Corporation (NYSE:KEX)’s stock price passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $136.31 and traded as high as $138.13. Kirby shares last traded at $137.4070, with a volume of 838,734 shares.

Kirby News Summary

Here are the key news stories impacting Kirby this week:

• Positive Sentiment: Kirby reported third-quarter diluted EPS of $2.09, up 27% year over year and ahead of the $2.00 consensus estimate. Revenue increased 12.2% to $977.2 million, also exceeding expectations. Kirby Corporation Announces Third Quarter 2026 Results
• Positive Sentiment: Marine transportation revenue rose 17%, supported by barge utilization in the low-90% range inland, improving spot rates and limited industry capacity. Distribution and services also benefited from demand for backup and behind-the-meter power, particularly from data-center and industrial customers. Kirby: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Management narrowed full-year 2026 EPS-growth guidance to 10%–15% and expects results toward the upper end. Kirby also repurchased $112 million of stock and agreed to acquire South Texas inland marine assets for $115 million. Kirby Third-Quarter Results and Acquisition
• Positive Sentiment: JPMorgan raised its price target from $200 to $210 and maintained an “overweight” rating, signaling confidence in Kirby’s earnings momentum and industry fundamentals.
• Neutral Sentiment: Despite the strong quarter, recent coverage notes that KEX has already gained about 154%, so investors may be weighing its valuation and taking profits after the rally. Kirby Stock Still Looks Cheap
• Negative Sentiment: Higher fuel costs continue to pressure marine margins, while total debt increased to approximately $1.07 billion. Coastal shipyard activity and macroeconomic uncertainty are additional risks.

Wall Street Analyst Weigh In

A number of analysts have commented on KEX shares. Citigroup decreased their price objective on Kirby from $170.00 to $169.00 and set a “buy” rating for the company in a report on Thursday, October 8th. Stephens upped their price target on Kirby from $170.00 to $175.00 and gave the stock an “overweight” rating in a report on Thursday. BTIG Research reissued a “buy” rating and issued a $170.00 price target on shares of Kirby in a research report on Wednesday, July 29th. Bank of America raised their price objective on Kirby from $169.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Kirby from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Thursday. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.43.

Kirby Price Performance

The firm has a 50 day moving average price of $137.28 and a two-hundred day moving average price of $136.51. The company has a market cap of $7.68 billion, a P/E ratio of 22.39, a P/E/G ratio of 1.19 and a beta of 0.84. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.12 and a current ratio of 1.68.

Kirby (NYSE:KEX) last announced its quarterly earnings data on Wednesday, October 28th. The shipping company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.09. The business had revenue of $977.21 million for the quarter, compared to analysts’ expectations of $938.84 million. Kirby had a return on equity of 10.44% and a net margin of 10.18%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.65 EPS. On average, analysts predict that Kirby Corporation will post 7.10 EPS for the current fiscal year.

Hedge Funds Weigh In On Kirby

A number of large investors have recently made changes to their positions in the stock. Vise Technologies Inc. purchased a new position in Kirby during the 3rd quarter valued at about $254,000. Americana Partners LLC lifted its holdings in shares of Kirby by 6.6% in the third quarter. Americana Partners LLC now owns 5,423 shares of the shipping company’s stock worth $712,000 after buying an additional 336 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Kirby in the third quarter valued at approximately $2,530,000. Pinnacle Wealth Planning Services Inc. grew its stake in Kirby by 61.0% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 2,115 shares of the shipping company’s stock valued at $278,000 after acquiring an additional 801 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in Kirby by 3.2% during the 3rd quarter. Asset Management One Co. Ltd. now owns 29,206 shares of the shipping company’s stock worth $3,833,000 after acquiring an additional 895 shares during the period. 96.15% of the stock is owned by institutional investors.

Kirby Company Profile

Kirby Corporation is a Houston-based marine transportation and industrial services company. Through its marine transportation operations, the company is the largest tank barge operator in the United States, transporting bulk liquid products on the nation’s inland and coastal waterways.

Kirby’s marine transportation business carries petrochemicals, refined petroleum products, black oil, agricultural chemicals and other bulk liquids for industrial customers. Its operations primarily serve the U.S.