World Kinect (NYSE:WKC) Upgraded at Zacks Research

Zacks Research upgraded shares of World Kinect (NYSE:WKC) from a hold rating to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley lifted 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. Wall Street Zen upgraded World Kinect from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, Weiss Ratings raised World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $30.50.

World Kinect Trading Up 5.2%

Shares of WKC stock opened at $38.17 on Wednesday. World Kinect has a twelve month low of $22.21 and a twelve month high of $41.20. The stock’s fifty day simple moving average is $32.24 and its 200 day simple moving average is $27.76. The company has a quick ratio of 0.87, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $1.96 billion, a P/E ratio of -11.89, a P/E/G ratio of 0.72 and a beta of 1.19.

World Kinect (NYSE:WKC) last posted its earnings results on Thursday, July 23rd. The company reported $1.29 EPS for the quarter, beating the consensus estimate of $0.75 by $0.54. World Kinect had a positive return on equity of 11.01% and a negative net margin of 0.43%.The firm had revenue of $13.59 billion during the quarter, compared to the consensus estimate of $10.50 billion. During the same period last year, the company earned $0.59 earnings per share. The business’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. As a group, sell-side analysts predict that World Kinect will post 2.89 EPS for the current fiscal year.

World Kinect Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, June 30th. This is a positive change from World Kinect’s previous quarterly dividend of $0.20. World Kinect’s dividend payout ratio is presently -9.01%.

Insider Transactions at World Kinect

In other World Kinect news, Chairman Michael J. Kasbar sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The stock was 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 approximately $34,565,208. This trade represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Richard A. Kassar sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $26.97, for a total value of $269,700.00. Following the sale, the director owned 53,812 shares of the company’s stock, valued at approximately $1,451,309.64. This represents a 15.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 109,275 shares of company stock valued at $3,316,523 in the last 90 days. Corporate insiders own 3.80% of the company’s stock.

Institutional Trading of World Kinect

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WKC. Pacer Advisors Inc. bought a new stake in shares of World Kinect in the 4th quarter worth $9,427,000. UBS Group AG increased its stake in shares of World Kinect by 38.1% during the 4th quarter. UBS Group AG now owns 226,440 shares of the company’s stock worth $5,305,000 after purchasing an additional 62,492 shares during the last quarter. Vanguard Group Inc. increased its position in World Kinect by 0.9% in the fourth 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 increased its holdings in World Kinect by 98.6% in 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 during the last quarter. Finally, Jefferies Financial Group Inc. purchased a new position in shares of World Kinect in the fourth quarter worth about $413,000. 97.06% of the stock is owned by institutional investors.

Trending Headlines about World Kinect

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

About World Kinect

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.