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Michael John Kroll Sells 2,100 Shares of World Kinect (NYSE:WKC) Stock

World Kinect logo with Energy background
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Key Points

  • CAO Michael John Kroll sold 2,100 shares on May 4 at an average price of $27.30, cutting his stake by 16.81% to 10,390 shares valued at about $283,647.
  • World Kinect beat Q1 expectations (EPS $0.75 vs. $0.31) and issued FY2026 guidance of 2.65–2.85 EPS, with revenue of $9.69 billion, up 2.5% year‑over‑year.
  • Shares fell roughly 2.9% to $26.83 on heavy volume; analyst views are mixed—Zacks upgraded to a "Strong Buy" while Morgan Stanley remains "Underweight"—with a consensus target near $29.50.
  • MarketBeat previews top five stocks to own in June.

World Kinect Corporation (NYSE:WKC - Get Free Report) CAO Michael John Kroll sold 2,100 shares of World Kinect stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $27.30, for a total value of $57,330.00. Following the completion of the sale, the chief accounting officer owned 10,390 shares of the company's stock, valued at $283,647. The trade was a 16.81% 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 link.

World Kinect Stock Down 2.9%

World Kinect stock traded down $0.80 during midday trading on Wednesday, hitting $26.83. 1,015,901 shares of the company's stock were exchanged, compared to its average volume of 883,067. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.87 and a current ratio of 1.05. The company has a market cap of $1.38 billion, a PE ratio of -2.63, a P/E/G ratio of 0.55 and a beta of 1.22. The firm has a 50-day moving average of $24.02 and a two-hundred day moving average of $24.86. World Kinect Corporation has a 12 month low of $22.21 and a 12 month high of $29.85.

World Kinect (NYSE:WKC - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.44. World Kinect had a negative net margin of 1.53% and a positive return on equity of 8.27%. The firm had revenue of $9.69 billion during the quarter, compared to analysts' expectations of $9.29 billion. During the same quarter in the prior year, the company earned $0.48 EPS. The company's revenue was up 2.5% compared to the same quarter last year. World Kinect has set its FY 2026 guidance at 2.650-2.850 EPS. As a group, analysts expect that World Kinect Corporation will post 2.83 earnings per share for the current fiscal year.

World Kinect Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 16th. Shareholders of record on Monday, March 30th were issued a dividend of $0.20 per share. The ex-dividend date was Monday, March 30th. This represents a $0.80 dividend on an annualized basis and a yield of 3.0%. World Kinect's dividend payout ratio is currently -7.84%.

Institutional Investors Weigh In On World Kinect

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in World Kinect by 2.2% in the first quarter. Royal Bank of Canada now owns 68,228 shares of the company's stock worth $1,934,000 after purchasing an additional 1,481 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of World Kinect by 16.5% in the 1st quarter. AQR Capital Management LLC now owns 119,198 shares of the company's stock worth $3,380,000 after purchasing an additional 16,874 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in World Kinect by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,972 shares of the company's stock worth $963,000 after buying an additional 1,497 shares during the last quarter. Millennium Management LLC increased its position in World Kinect by 3.3% during the 1st quarter. Millennium Management LLC now owns 525,697 shares of the company's stock valued at $14,909,000 after buying an additional 16,738 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in World Kinect by 18.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,791 shares of the company's stock worth $6,262,000 after acquiring an additional 34,807 shares in the last quarter. Hedge funds and other institutional investors own 97.06% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on WKC shares. Morgan Stanley boosted their price target on World Kinect from $25.00 to $26.00 and gave the stock an "underweight" rating in a research report on Tuesday. Wall Street Zen raised World Kinect from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Zacks Research upgraded World Kinect from a "hold" rating to a "strong-buy" rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $29.50.

Get Our Latest Analysis on WKC

Key World Kinect News

Here are the key news stories impacting World Kinect this week:

  • Positive Sentiment: Zacks Research upgraded WKC from "Hold" to "Strong Buy" and added the stock to its Zacks Rank #1 list — a buy-side signal that can attract momentum and retail interest. New Strong Buy Stocks for May 5th
  • Positive Sentiment: Zacks published bullish pieces highlighting WKC as a bargain with momentum and noting rising earnings estimates — supporting near-term upside narrative around valuation and earnings revisions. Despite Fast-paced Momentum, World Kinect (WKC) Is Still a Bargain Stock
  • Positive Sentiment: Zacks also flagged WKC in coverage about rising earnings estimates and as a value pick, reinforcing the view that recent analyst revisions could support higher shares over time. Can World Kinect (WKC) Run Higher on Rising Earnings Estimates?
  • Neutral Sentiment: Morgan Stanley raised its price target from $25 to $26 but kept an "Underweight" rating — a modest PT lift but still signaling relative caution compared with the market. Morgan Stanley Note
  • Negative Sentiment: Insider selling: Chairman Michael J. Kasbar sold 10,000 shares on May 4 at an average $27.11 and 500 shares on May 5 at $27.50 (filings show he still holds ~1.05M shares). These disclosed sales can weigh on sentiment, especially when clustered. Chairman SEC Filing
  • Negative Sentiment: CAO Michael John Kroll sold 2,100 shares on May 4 at an average $27.30, reducing his stake ~16.8% — a larger percentage reduction that may draw investor attention. CAO SEC Filing
  • Neutral Sentiment: Remember the company's recent quarterly beat and FY2026 EPS guidance (2.65–2.85) — a fundamental positive that underpins Zacks' favorable coverage but contrasts with the near-term technical and insider signals. Company Recent Results

About World Kinect

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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