World Kinect (NYSE:WKC) Rating Lowered to Hold at Zacks Research
Zacks Research downgraded World Kinect (NYSE:WKC) from a "strong buy" to a "hold" rating. Despite the downgrade, the company reported stronger-than-expected quarterly results with $1.29 EPS and $13.59 billion in revenue, exceeding analyst estimates. However, the stock currently holds an average "Sell" rating from analysts with a $30.00 average target price, and corporate insiders have sold a significant number of shares recently.
WKCP5844647 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the World Kinect Corporation 3.25% 01-JUL-2028 bond (WKCP5844647). It outlines key facts about the bond, including issuer information, issue and maturity dates, face value, and the company's business segments. The profile also details interest payment information, such as the coupon rate, frequency, and upcoming payout schedule, along with bond redemption details.
Founder gives up executive chair at World Kinect (NYSE: WKC)
Michael J. Kasbar, founder of World Kinect Corporation, will step down as Executive Chairman on December 31, 2026, and will be succeeded by independent director Ken Bakshi as Board Chair. Kasbar will continue to serve as a director and receive severance payments under his expired employment agreement, subject to restrictive covenants. The company emphasizes that this transition to an independent Chair strengthens the Board's oversight, and Kasbar's decision was not due to any disagreements.
World Kinect Corporation Announces Quarterly Dividend of $0.23 (NYSE:WKC)
World Kinect Corporation (NYSE: WKC) has declared a quarterly dividend of $0.23 per share, payable on October 16th to shareholders of record on September 28th. This represents an annualized payout of $0.92 and a 2.6% yield. The company has increased its dividend for six consecutive years, with analysts expecting future earnings to comfortably cover the dividend.
After more than four decades, World Fuel’s founder will step down
Michael J. Kasbar, the co-founder of World Kinect Corporation (World Fuel), will step down as Executive Chairman effective December 31, 2026, after more than four decades with the company. Ken Bakshi, an independent director, has been appointed as the new Chairman of the Board. Kasbar was instrumental in transforming World Fuel from a startup into a Fortune 100 company and a global leader in energy management.
World Kinect declares $0.23 quarterly dividend
World Kinect Corporation (NYSE:WKC) has announced a quarterly cash dividend of $0.23 per share, payable on October 16, 2026, to shareholders of record as of September 28, 2026. The Miami-based company, also known as World Fuel, provides aviation, marine, and ground-based transportation fuels and related services across over 200 countries. This information was generated with AI support and reviewed by an editor.
Shareholders will receive 23 cents per share from World Kinect on Oct. 16.
World Kinect Corporation has announced a quarterly cash dividend of $0.23 per share. This dividend will be payable on October 16, 2026, to shareholders who are on record as of September 28, 2026. The company, operating as World Fuel, is a global provider of aviation, marine, and ground-based transportation fuels and services.
Hsbc Holdings PLC Purchases 89,984 Shares of World Kinect Corporation $WKC
Hsbc Holdings PLC significantly increased its stake in World Kinect Corporation (NYSE:WKC) by 354.4% in the second quarter, acquiring an additional 89,984 shares to own a total of 115,374 shares valued at $3.86 million. This comes as other institutional investors have also adjusted their positions in the company, which recently declared a quarterly dividend of $0.23 per share. Despite some insider selling, World Kinect reported strong quarterly earnings and revenue, surpassing analyst expectations, and maintains a "Hold" consensus rating with a $30.00 target price.
Legal & General Group Plc Purchases Shares of 151,265 World Kinect Corporation $WKC
Legal & General Group Plc has acquired 151,265 shares of World Kinect Corporation (NYSE:WKC), valued at approximately $4.98 million, representing a 0.30% stake in the company. Institutional investors now collectively own 97.06% of World Kinect, which recently reported strong quarterly earnings and increased its dividend. Despite mixed analyst sentiment with a consensus "Hold" rating and a $30 target price, the stock has seen significant insider selling totaling over $4 million in the last 90 days.
Bank of New York Mellon Corp Buys Shares of 310,381 World Kinect Corporation $WKC
Bank of New York Mellon Corp has acquired 310,381 shares of World Kinect Corporation (NYSE:WKC) worth approximately $10.2 million, bringing institutional ownership to 97.06%. Despite mixed analyst ratings, World Kinect reported strong Q2 earnings, beating estimates with $1.29 EPS and $13.59 billion in revenue, and increased its quarterly dividend. However, insiders have sold shares totaling $4.16 million over the last quarter.
WKCP5844647 Bond Profile — Key Metrics
This article provides a bond profile for WKCP5844647, a bond issued by World Kinect Corporation. Key metrics include an issue date of June 26, 2024, a maturity date of July 1, 2028, and a coupon rate of 3.25%. The bond has an outstanding amount of $350 million USD, with a face value and minimum denomination of $1,000 USD.
Bank of America Corp DE Trims Stock Holdings in World Kinect Corporation $WKC
Bank of America Corp DE significantly reduced its stake in World Kinect Corporation (NYSE:WKC) by 83.9% in Q1 2026, selling nearly 3 million shares and retaining 568,003 shares valued at $13.1 million. Despite this, institutional investors still hold 97.06% of the company. World Kinect reported strong quarterly earnings, beating analyst estimates with an EPS of $1.29 and a 50.3% revenue increase, and also raised its quarterly dividend.
Jose-Miguel Tejada Sells 6,000 Shares of World Kinect (NYSE:WKC) Stock
Jose-Miguel Tejada, EVP of World Kinect (NYSE:WKC), sold 6,000 shares of the company's stock for approximately $222,960, reducing his direct holdings by 14.4%. This insider sale comes as World Kinect reported strong quarterly results, beating EPS and revenue estimates, and increased its quarterly dividend. However, analyst sentiment for WKC remains mixed with a consensus "Hold" rating and an average price target below the current stock price.
World Kinect (NYSE: WKC) CFO sells 6,000 shares outside 10b5-1 plan
World Kinect Corp's CFO, Jose-Miguel Tejada, sold 6,000 shares of common stock on August 13, 2026, at $37.16 per share in an open market or private transaction. This sale, which was not made under a Rule 10b5-1 trading plan, leaves him with a direct holding of 35,676 shares. The transaction has been noted with a "High" impact and "Negative" sentiment according to the filing analysis.
Empowered Funds LLC Decreases Position in World Kinect Corporation $WKC
Empowered Funds LLC significantly reduced its stake in World Kinect Corporation by 16.4% in the first quarter, selling 56,482 shares and retaining 287,815 shares valued at $6.64 million. Despite this, World Kinect reported strong quarterly results, with EPS of $1.29 and revenue up 50.3% year over year, and also increased its quarterly dividend to $0.23 per share. Analyst sentiment for WKC is mixed, with an average "Hold" rating and a consensus price target of $30.00.
World Kinect Corporation $WKC Shares Bought by Renaissance Technologies LLC
Renaissance Technologies LLC significantly increased its stake in World Kinect Corporation (NYSE:WKC) by 187.2% in the first quarter, now owning 46,486 shares valued at $1.07 million. The company reported strong quarterly earnings of $1.29 EPS, surpassing estimates, and a 50.3% year-over-year revenue increase to $13.59 billion, subsequently raising its quarterly dividend to $0.23 per share. Despite mixed analyst sentiment and a consensus "Hold" rating, institutional investors and hedge funds own a substantial 97.06% of the company, even as insiders sold shares totaling approximately $4.23 million over the last 90 days.
WKC (WKC) insider files to sell 6,000 common shares under Rule 144
An insider at World Kinect Corp (WKC) has filed a Form 144 to sell 6,000 common shares with an aggregate market value of $222,960.00. The shares, held at Fidelity Brokerage Services LLC, are scheduled to be sold on or after August 13, 2026, on the NYSE. These shares were acquired through restricted stock vesting awards issued between August 2022 and November 2023.
Royal Bank of Canada Has $7.58 Million Position in World Kinect Corporation $WKC
Royal Bank of Canada increased its stake in World Kinect Corporation (NYSE:WKC) by 30.4% in the first quarter, now holding 328,662 shares valued at $7.58 million. The company reported strong Q1 earnings, surpassing analyst expectations with an EPS of $1.29 and a 50.3% revenue increase to $13.59 billion, and also raised its quarterly dividend. Despite mixed analyst ratings, with a consensus "Hold" and an average price target of $30, insiders have sold shares worth $4.23 million in the last three months.
World Kinect Corp (WKC) Earnings Forecast: Future EPS & Revenue Growth Estimates
World Kinect Corp (WKC) has an earnings forecast score of 5.33, placing it 84th out of 97 in the Oil & Gas industry. Analysts have a consensus "Hold" rating with an average price target of $27.00, expecting next quarter's revenue to be $12.34 billion and EPS to be $0.96. The previous quarter's EPS was $0.51 against an expectation of $0.94.
State Street Corp (WKC) discloses 3.36M-share, 6.5% holding in World Kinect
State Street Corporation has disclosed a 6.5% beneficial ownership in World Kinect Corp, holding 3,359,363 shares as of June 30, 2026. The financial institution reported shared voting power over 3,155,571 shares and shared dispositive power over all beneficially owned shares, primarily through its asset-management subsidiaries. This filing, a SCHEDULE 13G, indicates a passive investment.
Pacer Advisors Inc. Has $7.25 Million Stake in World Kinect Corporation $WKC
Pacer Advisors Inc. reduced its stake in World Kinect Corporation (WKC) by 21.9% in the first quarter, now holding 314,170 shares valued at approximately $7.25 million. Despite strong quarterly earnings that exceeded estimates and an increased dividend, analyst sentiment remains mixed with a "Hold" rating, and insiders have sold shares worth over $4.5 million. Institutional investors and hedge funds collectively own 97.06% of the company, which specializes in fuel procurement and energy services.
World Kinect (NYSE: WKC) chair sells 10K shares under 10b5-1 plan
World Kinect Corp Executive Chairman Michael J. Kasbar sold 10,000 shares of common stock on August 3, 2026, for a weighted average price of $39.4147 per share under a Rule 10b5-1 trading plan. After this transaction, Kasbar directly holds 976,450 shares of World Kinect common stock. The sale, reported in a Form 4 filing, is categorized as having a moderate impact and negative sentiment by Rhea-AI.
World Kinect Corporation $WKC Position Lessened by Glenmede Trust Co. NA
Glenmede Trust Co. NA reduced its holdings in World Kinect Corporation (NYSE:WKC) by 8.4% in the first quarter, now owning 399,377 shares valued at $9.2 million. Despite this, other institutional investors increased their stakes, with overall institutional ownership at 97.06%. World Kinect reported strong quarterly earnings of $1.29 EPS on $13.59 billion revenue, and increased its quarterly dividend, though analyst ratings remain mixed with a consensus "Hold."
World Kinect Corp (NYSE: WKC) insider plans sale of 10,000 shares after RSU vesting
World Kinect Corp insider Michael Kasbar has filed a notice to sell 10,000 shares of common stock, valued at $394,146.64, on or after August 3, 2026. These shares are from restricted stock units that vested on March 14, 2025. The filing also notes several prior stock sales by Kasbar in the past three months, including transactions on April 24, 2026, and July 10, 2026.
Is World Kinect (WKC) Undervalued On Strong Q2 Results And Raised Guidance?
World Kinect (WKC) shares rose after reporting strong Q2 2026 results, including record adjusted earnings and raised full-year guidance. Despite recent share price momentum, Simply Wall St. suggests the stock is still undervalued with a fair value of $42.00, compared to its last close of $38.14, partly due to its position in renewable fuels. However, potential risks from traditional fuel market reliance and regulatory costs could challenge these bullish assumptions.
ETFs Investing in World Kinect Corporation Stocks
This article lists Exchange Traded Funds (ETFs) that hold World Kinect Corporation (WFK) stocks, categorized by market value. It provides details for each ETF, including its issuer, management style, focus, expense ratio, assets under management (AUM), and price performance. The funds generally focus on small-cap and value investments, with some specializing in energy or broader market exposure.
World Kinect (NYSE:WKC) Upgraded by Wall Street Zen to "Strong-Buy" Rating
Wall Street Zen has upgraded World Kinect (NYSE:WKC) to a "strong-buy" rating, although the broader analyst consensus remains "hold" with a $30 average price target. This upgrade follows a strong quarterly performance where the company exceeded EPS and revenue expectations and provided optimistic fiscal 2026 guidance. Despite recent insider selling, institutional investors and hedge funds hold a significant majority of the company's stock.
World Kinect (NYSE: WKC) director-related trust sells 33,445 common shares
A trust linked to World Kinect (NYSE: WKC) director Paul H. Stebbins indirectly sold 33,445 shares of common stock on July 29, 2026, at a weighted average price of $39.9262 per share. This transaction, executed by the Boitz Stebbins Irrevocable Family Trust, where Stebbins is a trustee and beneficiary, resulted in a net sale value of approximately $1.34 million. Following the sale, the trust holds 58,878 shares indirectly, and Stebbins directly holds 26,778 shares.
World Kinect (NYSE: WKC) director Manley sells 10,000 shares
World Kinect Corp director John L. Manley sold 10,000 shares of Common Stock on July 29, 2026, in an open-market transaction. The shares were sold at a weighted average price of $39.8797 per share, totaling approximately $399,000. Following this sale, Manley directly holds 54,116 shares of the company.
WKC (WKC) insider Richard Kassar files Rule 144 to sell 22,300 shares
Richard A. Kassar, an insider at World Kinect Corp (WKC), has filed a Rule 144 notice to sell 22,300 shares of common stock, valued at an estimated $888,175.82, on or after July 30, 2026. The filing also details recent restricted stock vesting events totaling 22,300 shares and a prior sale of 10,000 shares for $269,738.68 in May 2026. This transaction reflects scheduled share disposals and compensation-related vestings.
World Kinect Corp (WKC) Valuation: PE, PB & Fair Value Analysis
This article analyzes the valuation of World Kinect Corp (WKC), noting its current valuation score is 7.79, ranking 75th in the Oil & Gas industry. It highlights the company's negative P/E ratio of -3.98, which is significantly below its recent high. Key valuation metrics like P/B, P/S, and P/CF could not be fully assessed due to undisclosed data from the company.
Form 144 World Kinect Corporation For: 29 July By Investing.com
This article reports on a Form 144 filing by World Kinect Corporation (WKC) for July 29th. The content is brief and primarily serves as an announcement of this regulatory filing. World Kinect Corporation's stock symbol WKC is mentioned with a slight positive movement of +0.33%.
Form 144 World Kinect Corporation For: 29 July By Investing.com
This article reports on a Form 144 filing for World Kinect Corporation, dated July 29. Form 144 is a notice of the intent to sell restricted securities. The brief article, published by Investing.com, provides no further details beyond the company and date of the filing.
World Kinect Corp. (WKC) holder files to sell 33,445 common shares
A shareholder of World Kinect Corp. (WKC), the Paul Stebbins Revocable Trust, has filed to sell 33,445 shares of common stock with an aggregate market value of $1,339,472.25. The sale is anticipated to occur on July 29, 2026, through J.P. Morgan Securities LLC on the NYSE. The trust previously sold 20,828 shares on May 5, 2026, for over $576,000.
World Kinect (NYSE: WKC) affiliate plans $398,797 sale of common stock
An affiliate of World Kinect (NYSE: WKC) plans to sell 10,000 shares of common stock, valued at $398,797.18, through Fidelity Brokerage Services LLC on the NYSE on or after July 29, 2026. The transaction is detailed in a Form 144 SEC filing, which also outlines the reporting person's prior acquisition of these shares through restricted stock vesting as compensation in 2019 and 2021.
World Kinect Corp (WKC) Institutional Confidence
World Kinect Corp (WKC) has an institutional shareholding score of 10.00, placing it first in the Oil & Gas industry. The institutional shareholding proportion is 116.11%, a decrease of 9.52% quarter-over-quarter. Brandes Investment Partners, L.P. is the largest institutional shareholder with 3.44 million shares, representing 8.35% of shares outstanding.
WKC|World Kinect Corp|Price:39.940|Chg%:-0.110
This article provides a comprehensive stock analysis of World Kinect Corp (WKC) by TradingKey, assigning it a score of 6.47 out of 10. The analysis highlights the company's relatively stable fundamentals, high growth potential, and fair valuation within the Oil & Gas industry. Despite recently turning to a loss, the company is noted for its high and stable dividend payments and significant institutional ownership.
World Kinect Number of Employees 2026 | Employee Count & Headcount Data
World Kinect Corp. (WKC) had approximately 3,982 employees worldwide as of March 2026, marking an 11.0% decline since 2023. The company is actively hiring, with 101 job postings in 2026, though new postings have significantly cooled. The workforce is concentrated in the United States, and the average employee salary is $71,388.
Top 3 Energy Stocks That May Implode This Month
This article identifies three energy stocks, Oceaneering International, World Kinect Corporation, and Plains All American Pipeline, that are currently overbought according to their Relative Strength Index (RSI) values. Despite recent positive financial results and stock performance for Oceaneering and World Kinect, and a raised price target for Plains All American, their high RSI values suggest they may be due for a pullback. The article highlights these stocks as potential warnings for investors who rely on momentum in their trading decisions.
World Kinect Corporation Revenue Breakdown – NYSE:WKC
This article provides a revenue breakdown for World Kinect Corporation (NYSE: WKC), highlighting its top-performing segments and geographical contributions. In the last year, the company generated $36.92 billion USD in revenue, with its Aviation segment contributing $18.99 billion USD and the United States accounting for $19.28 billion USD.
WKC|World Kinect Corp|Price:38.140|Chg%:+1.850
World Kinect Corp (WKC) closed at $38.14, up 5.10%, with a market cap of $1.95 billion. The company, a global energy management firm, has stable fundamentals and high growth potential but recently turned to a loss despite being a high and stable dividend payer. Analysts rate it as "Hold" with a target price of $37.00, suggesting the stock might be overvalued at its current price.
World Kinect (WKC) Reports Q2 Earnings: What Key Metrics Have to Say
World Kinect (WKC) reported strong Q2 2026 earnings, with revenue up 50.3% year-over-year to $13.59 billion and EPS at $1.29. The company surpassed Zacks Consensus Estimates for both revenue and EPS. Key metrics like Aviation volume and Income from operations - Aviation also exceeded analyst expectations, though Land and Marine operational income were slightly below estimates.
World Kinect (NYSE: WKC) returns to profit on $23,276.2M first-half revenue
World Kinect Corporation (NYSE: WKC) reported a significant turnaround, achieving a $74.6 million net income for the first half of 2026 on revenues of $23,276.2 million, a stark contrast to a $360.4 million loss in the prior year. This return to profitability was largely due to the absence of impairment charges from 2025 and improved performance across its aviation, land, and marine segments, particularly marine profitability in a volatile oil-price environment. Despite positive earnings, the company experienced a negative operating cash flow of $67.7 million due to increased working capital demands, and faces ongoing tax disputes in Denmark and rising credit risk.
Earnings call transcript: World Kinect beats Q2 2026 estimates, shares jump after hours
World Kinect Corporation reported exceptional Q2 2026 financial results, significantly surpassing Wall Street expectations for both adjusted earnings per share and revenue. The company's performance was driven by strong market conditions, particularly volatility in fuel markets, alongside robust execution across its aviation, marine, and land segments, leading to a record consolidated gross profit. Following these strong results, World Kinect raised its full-year adjusted EPS guidance and the board approved a 15% increase in the quarterly dividend, causing shares to jump after hours.
World Kinect Q2 2026 slides: record profit on market volatility
World Kinect Corporation (NYSE:WKC) reported record-breaking Q2 2026 results, with adjusted EPS of $1.29 significantly beating estimates and consolidated adjusted gross profit reaching $350 million, up 50.5% year-over-year. This performance was driven by high market volatility, particularly benefiting its Aviation and Marine segments, and strategic execution including portfolio transformation in the Land segment. The company raised its full-year adjusted EPS guidance for the second time, now targeting $3.20 to $3.40, and reaffirmed its commitment to shareholder returns with an increased quarterly dividend and share repurchases.
Zacks Research Upgrades World Kinect (NYSE:WKC) to Strong-Buy
Zacks Research has upgraded World Kinect (NYSE:WKC) from a "hold" to a "strong-buy" rating. This upgrade follows a strong Q2 earnings report where the company surpassed EPS and revenue estimates, and subsequently raised its FY 2026 EPS guidance. Institutional investors hold a significant portion of the company's shares.
World Kinect (NYSE:WKC) Sets New 12-Month High Following Better-Than-Expected Earnings
World Kinect (NYSE:WKC) reached a new 52-week high after reporting better-than-expected quarterly earnings, with EPS of $1.29 against an analyst estimate of $0.75 and revenue of $13.59 billion versus $10.50 billion expected, representing a 50.3% year-over-year increase. The company also raised its FY 2026 EPS guidance and increased its quarterly dividend, leading to a "strong-buy" upgrade from Zacks Research. Insider activity showed some share sales, while institutional investors grew their positions in the company.
World Kinect Q2 2026 Earnings Call: Complete Transcript
World Kinect Corporation reported a record adjusted EPS of $1.29 for Q2 2026, driven by favorable market conditions and strong execution in its Aviation and Marine segments. The company raised its full-year adjusted EPS guidance to $3.20 to $3.40, reflecting robust first-half performance and the benefits of portfolio simplification in its Land segment. Despite a cautious outlook due to market unpredictability, management emphasized disciplined execution and strategic focus on core businesses.
World Kinect (NYSE: WKC) lifts 2026 EPS outlook after record Q2 gross profit
World Kinect Corporation reported a significant improvement in profitability for Q2 2026, with record gross profit of $365.1 million and GAAP net income of $48.4 million, a stark contrast to a loss in the previous year. The company raised its full-year 2026 Adjusted EPS guidance to $3.20–$3.40 per share, reflecting stronger performance, particularly in its Aviation and Marine segments. Despite a decrease in consolidated sales volume and negative year-to-date operating cash flow, WKC returned capital to shareholders through a 15% dividend increase and share repurchases.
World Kinect (WKC) Reports Q2 Earnings: What Key Metrics Have to Say
World Kinect (WKC) reported strong Q2 2026 earnings, with revenue up 50.3% year-over-year to $13.59 billion, significantly beating analyst estimates. The company's EPS of $1.29 also greatly surpassed the consensus estimate. Key operational metrics showed mixed results, but the stock earned a Zacks Rank #1 (Strong Buy) after returning +14.8% over the past month.
