Paul Stebbins Sells 20,828 Shares of World Kinect (NYSE:WKC) Stock

Key Points

• Paul Stebbins, a World Kinect director, sold 20,828 shares on May 5 at an average price of $27.69 for about $576,727, cutting his stake by 33.87% to 40,669 shares.
• World Kinect beat Q1 expectations with EPS of $0.75 vs. $0.31 estimated and revenue of $9.69B (vs. $9.29B), and set FY2026 guidance of $2.65–$2.85 in EPS.
• The stock trades near $26.87 with a ~3.0% dividend yield, and analysts are mixed—some upgrades from Zacks and Wall Street Zen contrast with Morgan Stanley's underweight stance and a consensus "Hold" with an average target of $29.50.

World Kinect Corporation (NYSE:WKC - Get Free Report) Director Paul Stebbins sold 20,828 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $27.69, for a total value of $576,727.32. Following the sale, the director directly owned 40,669 shares of the company's stock, valued at approximately $1,126,124.61. The trade was a 33.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

World Kinect Stock Up 0.2%

NYSE WKC traded up $0.06 during trading hours on Thursday, reaching $26.87. 800,244 shares of the company's stock were exchanged, compared to its average volume of 881,960. World Kinect Corporation has a one year low of $22.21 and a one year high of $29.85. 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's 50-day moving average is $24.06 and its two-hundred day moving average is $24.88. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of -2.63, a price-to-earnings-growth ratio of 0.56 and a beta of 1.22.

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

World Kinect Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 16th. Shareholders of record on Monday, March 30th were given a dividend of $0.20 per share. The ex-dividend date of this dividend 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 -7.84%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on WKC shares. Zacks Research raised World Kinect from a "hold" rating to a "strong-buy" rating in a research report on Monday. Morgan Stanley upped 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. Finally, Wall Street Zen raised World Kinect from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, World Kinect has a consensus rating of "Hold" and an average target price of $29.50.

Trending Headlines about World Kinect

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

• Positive Sentiment: Zacks Research upgraded WKC from "hold" to "strong-buy" and published pieces highlighting the stock's momentum and value traits — a clear near-term bullish signal likely to attract retail and momentum-oriented buyers. Read More.
• Positive Sentiment: Zacks also listed WKC among "fast-paced momentum at a bargain" and in a "4 value stocks to buy" screen, reinforcing buy-side interest from value-focused investors. Read More.
• Positive Sentiment: Recent quarterly results beat expectations (reported EPS $0.75 vs. $0.31 est.) with revenue above consensus and FY2026 guidance set at $2.65–2.85 — fundamentals that support a bullish medium-term case. Read More.
• Neutral Sentiment: Institutional investors have been active (several funds increased positions in Q1), which can provide stability and liquidity but doesn’t guarantee direction. Read More.
• Neutral Sentiment: Company pays a modest dividend (recent $0.20 quarterly; ~3% yield) — supportive for income buyers but not a primary driver of near-term moves. Read More.
• Negative Sentiment: Insider selling: Chairman Michael Kasbar sold sizable blocks (10,000 shares on May 4 at ~$27.11 and 500 shares on May 5 at ~$27.50); CAO Michael Kroll also sold 2,100 shares. Such insider liquidity-taking can be read negatively by the market and likely contributed to intraday selling pressure. Read More.
• Negative Sentiment: Broker nuance: Morgan Stanley nudged its price target up slightly but maintained an "underweight" rating — a cautious stance that can cap upside even as a higher PT offers some support. Read More.

Institutional Investors Weigh In On World Kinect

Large investors have recently made changes to their positions in the stock. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of World Kinect by 47.1% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 121,463 shares of the company's stock valued at $3,152,000 after buying an additional 38,888 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of World Kinect by 42.3% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 156,011 shares of the company's stock valued at $4,048,000 after buying an additional 46,390 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of World Kinect by 64.1% in the 3rd quarter. American Century Companies Inc. now owns 1,042,766 shares of the company's stock valued at $27,060,000 after buying an additional 407,225 shares during the last quarter. Numerai GP LLC acquired a new stake in shares of World Kinect in the 3rd quarter valued at approximately $2,557,000. Finally, LSV Asset Management boosted its holdings in shares of World Kinect by 6.3% in the 3rd quarter. LSV Asset Management now owns 1,740,728 shares of the company's stock valued at $45,172,000 after buying an additional 103,489 shares during the last quarter. Institutional investors and hedge funds own 97.06% of the company's stock.

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.

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