World Kinect (NYSE:WKC) Issues FY 2026 Earnings Guidance

World Kinect (NYSE:WKC) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.200-3.400 for the period, compared to the consensus earnings per share estimate of 2.790. The company issued revenue guidance of -.

World Kinect Price Performance

WKC stock opened at $40.84 on Friday. The firm has a 50 day moving average of $32.04 and a 200-day moving average of $27.69. World Kinect has a 12-month low of $22.21 and a 12-month high of $40.90. The company has a current ratio of 1.05, a quick ratio of 0.87 and a debt-to-equity ratio of 0.65. The company has a market cap of $2.10 billion, a price-to-earnings ratio of -3.96, a PEG ratio of 0.72 and a beta of 1.19.

World Kinect (NYSE:WKC) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.54. The business had revenue of $13.59 billion for the quarter, compared to analysts’ expectations of $10.50 billion. World Kinect had a positive return on equity of 8.27% and a negative net margin of 1.53%.The company’s revenue was up 50.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 EPS. World Kinect has set its FY 2026 guidance at 3.200-3.400 EPS. As a group, equities analysts expect that World Kinect will post 2.89 EPS for the current fiscal year.

World Kinect Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Tuesday, June 30th were given a $0.23 dividend. This is a boost from World Kinect’s previous quarterly dividend of $0.20. This represents a $0.92 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Tuesday, June 30th. World Kinect’s dividend payout ratio (DPR) is currently -9.01%.

Analyst Upgrades and Downgrades

WKC has been the subject of a number of analyst reports. Wall Street Zen raised World Kinect from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Morgan Stanley upped their target price on shares of World Kinect from $26.00 to $28.00 and gave the company an “underweight” rating in a report on Tuesday. Weiss Ratings raised shares of World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 29th. Finally, Zacks Research upgraded shares of World Kinect from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $30.50.

Insider Activity

In related news, Director Richard A. Kassar sold 10,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $26.97, for a total transaction of $269,700.00. Following the transaction, the director directly owned 53,812 shares in the company, valued at $1,451,309.64. This trade represents a 15.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul H. Stebbins sold 20,828 shares of World Kinect stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $27.69, for a total transaction of $576,727.32. Following the completion of the transaction, the director directly owned 40,669 shares of the company’s stock, valued at $1,126,124.61. This trade represents a 33.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 109,275 shares of company stock valued at $3,316,523. Corporate insiders own 3.80% of the company’s stock.

Key Headlines Impacting 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 and revenue of $13.59 billion versus $10.50 billion expected, a sign of stronger-than-anticipated operating performance. MarketBeat earnings report
• Positive Sentiment: The company also raised FY 2026 EPS guidance to $3.20-$3.40, above the prior outlook and above the Street’s estimate of $2.79, which reinforces confidence in the earnings outlook. Press release
• Positive Sentiment: Zacks Research upgraded WKC from “hold” to “strong-buy,” which may have helped fuel buying interest by signaling improving fundamentals and analyst confidence. Tickerreport coverage
• Neutral Sentiment: Coverage around the earnings call and transcript focused on record profits and improved business momentum, but did not add materially new information beyond the headline beat and guidance raise. Seeking Alpha transcript

Institutional Investors Weigh In On World Kinect

Hedge funds have recently made changes to their positions in the business. Invesco Ltd. raised its holdings in World Kinect by 9.5% during the third quarter. Invesco Ltd. now owns 2,450,762 shares of the company’s stock worth $63,597,000 after purchasing an additional 213,145 shares in the last quarter. Millennium Management LLC raised its position in World Kinect by 373.8% in the third quarter. Millennium Management LLC now owns 1,602,996 shares of the company’s stock worth $41,598,000 after acquiring an additional 1,264,684 shares in the last quarter. Boston Partners boosted its position in shares of World Kinect by 5.1% during the 3rd quarter. Boston Partners now owns 1,568,452 shares of the company’s stock valued at $40,637,000 after purchasing an additional 76,138 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in World Kinect by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,319,973 shares of the company’s stock worth $30,927,000 after buying an additional 22,378 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of World Kinect by 18.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 732,715 shares of the company’s stock valued at $20,773,000 after acquiring an additional 111,525 shares during the last quarter. Institutional investors 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.