World Kinect (NYSE:WKC) Upgraded to Strong-Buy at Zacks Research

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

Several other equities analysts have also issued reports on WKC. Wall Street Zen raised shares of World Kinect from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Morgan Stanley boosted their price target on World Kinect from $26.00 to $28.00 and gave the stock an “underweight” rating in a research report on Tuesday. Finally, Weiss Ratings upgraded World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $30.50.

World Kinect Trading Up 0.3%

Shares of WKC opened at $36.39 on Wednesday. World Kinect has a 1-year low of $22.21 and a 1-year high of $37.88. The company has a 50-day moving average of $32.04 and a 200 day moving average of $27.69. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of -3.56, a PEG ratio of 0.72 and a beta of 1.19. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 0.87.

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

World Kinect Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.92 dividend on an annualized basis and a yield of 2.5%. This is a boost from World Kinect’s previous quarterly dividend of $0.20. World Kinect’s payout ratio is -9.01%.

Insider Buying and Selling

In related news, Director Richard A. Kassar sold 10,000 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $26.97, for a total transaction of $269,700.00. Following the sale, the director owned 53,812 shares in the company, valued at approximately $1,451,309.64. This trade represents a 15.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul H. Stebbins sold 20,828 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $27.69, for a total transaction of $576,727.32. Following the sale, the director directly owned 40,669 shares in the company, valued at approximately $1,126,124.61. The trade was a 33.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 109,275 shares of company stock valued at $3,316,523 in the last ninety days. Insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in World Kinect by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 6,713,507 shares of the company’s stock valued at $157,297,000 after acquiring an additional 62,111 shares during the period. Brandes Investment Partners LP increased its holdings in World Kinect by 30.9% in the 4th quarter. Brandes Investment Partners LP now owns 3,845,750 shares of the company’s stock worth $90,106,000 after acquiring an additional 907,490 shares in the last quarter. Invesco Ltd. raised its position 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 acquiring an additional 213,145 shares during the period. LSV Asset Management raised its position in World Kinect by 11.4% during the fourth quarter. LSV Asset Management now owns 1,938,804 shares of the company’s stock worth $45,426,000 after acquiring an additional 198,076 shares during the period. Finally, Millennium Management LLC raised its position in World Kinect by 373.8% during 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 during the period. 97.06% of the stock is owned by institutional investors and hedge funds.

More World Kinect News

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.