WINTON GROUP Ltd Sells 33,309 Shares of Kirby Corporation $KEX

WINTON GROUP Ltd trimmed its holdings in shares of Kirby Corporation (NYSE:KEX) by 48.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,142 shares of the shipping company’s stock after selling 33,309 shares during the quarter. WINTON GROUP Ltd’s holdings in Kirby were worth $3,872,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Oak Thistle LLC bought a new position in shares of Kirby during the 4th quarter worth approximately $1,422,000. Intech Investment Management LLC grew its stake in shares of Kirby by 239.4% during the 3rd quarter. Intech Investment Management LLC now owns 15,762 shares of the shipping company’s stock worth $1,315,000 after acquiring an additional 11,118 shares in the last quarter. Citigroup Inc. grew its stake in shares of Kirby by 60.1% during the 3rd quarter. Citigroup Inc. now owns 44,665 shares of the shipping company’s stock worth $3,727,000 after acquiring an additional 16,772 shares in the last quarter. King Luther Capital Management Corp grew its stake in shares of Kirby by 3.0% during the 4th quarter. King Luther Capital Management Corp now owns 1,617,100 shares of the shipping company’s stock worth $178,172,000 after acquiring an additional 47,099 shares in the last quarter. Finally, Tudor Investment Corp ET AL bought a new position in shares of Kirby during the 3rd quarter worth approximately $8,772,000. 96.15% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Kirby news, VP Amy D. Husted sold 4,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $145.43, for a total transaction of $581,720.00. Following the completion of the sale, the vice president owned 10,814 shares of the company’s stock, valued at $1,572,680.02. This trade represents a 27.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Christian G. O’neil sold 11,287 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $145.93, for a total value of $1,647,111.91. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 17,691 shares of company stock worth $2,579,036. 0.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

KEX has been the subject of several research reports. Weiss Ratings raised shares of Kirby from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Evercore reaffirmed an “outperform” rating and set a $158.00 price target on shares of Kirby in a research note on Friday, May 1st. Citigroup raised their price target on shares of Kirby from $147.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Zacks Research raised shares of Kirby from a “strong sell” rating to a “hold” rating in a research note on Friday, March 13th. Finally, Wall Street Zen cut shares of Kirby from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Kirby presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.20.

Kirby Trading Down 1.1%

NYSE KEX opened at $141.09 on Friday. The company has a market cap of $7.55 billion, a PE ratio of 21.71, a PEG ratio of 1.45 and a beta of 0.81. The company has a current ratio of 1.59, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. Kirby Corporation has a 12 month low of $79.51 and a 12 month high of $157.69. The stock has a 50 day moving average of $143.14 and a 200-day moving average of $128.48.

Kirby (NYSE:KEX) last released its quarterly earnings data on Thursday, April 30th. The shipping company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.41 by $0.09. The company had revenue of $844.10 million during the quarter, compared to the consensus estimate of $832.57 million. Kirby had a return on equity of 10.62% and a net margin of 10.51%.The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.33 EPS. Kirby has set its FY 2026 guidance at 6.650-7.280 EPS. On average, equities research analysts anticipate that Kirby Corporation will post 6.99 EPS for the current fiscal year.

About Kirby

Kirby Corporation is a leading domestic maritime transporter of bulk liquid products in the United States. Through its Marine Transportation segment, the company operates one of North America’s largest fleets of inland tank barges and towing vessels. Kirby’s fleet moves petrochemicals, black oil, refined petroleum products and agricultural chemicals along coastal and inland waterways, providing critical logistical support to energy, chemical and agricultural producers.

In addition to its marine operations, Kirby’s Distribution and Services segment offers diesel engine and power generation services, along with aftermarket parts sales.