World Kinect (NYSE:WKC – Get Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.
WKC has been the subject of a number of other research reports. Weiss Ratings upgraded shares of World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 29th. Wall Street Zen upgraded shares of World Kinect from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Morgan Stanley raised their target price on shares of World Kinect from $26.00 to $28.00 and gave the stock an “underweight” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, World Kinect currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.50.
View Our Latest Stock Analysis on WKC
World Kinect Stock Up 0.3%
World Kinect (NYSE:WKC – Get Free Report) last issued its earnings results 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. The firm had revenue of $13.59 billion during the quarter, compared to analyst estimates of $10.50 billion. World Kinect had a negative net margin of 1.53% and a positive return on equity of 8.27%. The business’s revenue was up 50.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.59 earnings per share. World Kinect has set its FY 2026 guidance at 3.200-3.400 EPS. Analysts anticipate that World Kinect will post 2.89 EPS for the current year.
Insider Transactions at World Kinect
In related news, Director Paul H. Stebbins sold 20,828 shares of World Kinect stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $27.69, for a total value of $576,727.32. Following the completion of the sale, the director directly owned 40,669 shares in the company, valued at $1,126,124.61. The trade was a 33.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman Michael J. Kasbar sold 25,000 shares of World Kinect stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $35.04, for a total value of $876,000.00. Following the completion of the sale, the chairman owned 986,450 shares of the company’s stock, valued at $34,565,208. The trade was a 2.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 109,275 shares of company stock worth $3,316,523. Corporate insiders own 3.80% of the company’s stock.
Institutional Investors Weigh In On World Kinect
Several large investors have recently modified their holdings of the business. UBS Group AG grew its stake in World Kinect by 38.1% in the fourth quarter. UBS Group AG now owns 226,440 shares of the company’s stock valued at $5,305,000 after purchasing an additional 62,492 shares during the last quarter. Pacer Advisors Inc. bought a new stake in shares of World Kinect in the 4th quarter valued at about $9,427,000. Vanguard Group Inc. grew its position in shares of World Kinect by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 6,713,507 shares of the company’s stock worth $157,297,000 after buying an additional 62,111 shares during the last quarter. GSA Capital Partners LLP raised its stake in shares of World Kinect by 98.6% during the 4th quarter. GSA Capital Partners LLP now owns 96,774 shares of the company’s stock worth $2,267,000 after acquiring an additional 48,048 shares in the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in shares of World Kinect during the 4th quarter worth approximately $413,000. Institutional investors own 97.06% of the company’s stock.
World Kinect News Roundup
Here are the key news stories impacting World Kinect this week:
- Positive Sentiment: World Kinect posted adjusted EPS of $1.29, far above the $0.75 consensus, showing a much stronger quarter than analysts expected. World Kinect (WKC) Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Revenue came in at $13.59 billion, well ahead of the $10.50 billion estimate, with sales up 50.3% from a year ago. World Kinect earnings report and conference call
- Positive Sentiment: The company raised FY 2026 EPS guidance to $3.20-$3.40, above the prior outlook and above the current consensus estimate, signaling management confidence in continued momentum. World Kinect stock and guidance background
- Positive Sentiment: Commentary around record profits and the earnings call highlighted improved operating performance, which is helping drive bullish investor sentiment. World Kinect Corp Q2 2026 Earnings Call Highlights
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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