World Kinect (NYSE:WKC) Issues Earnings Results

World Kinect (NYSE:WKC) released its earnings results on Thursday. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.17), FiscalAI reports. World Kinect had a positive return on equity of 7.11% and a negative net margin of 1.16%. World Kinect updated its FY 2026 guidance to 2.200-2.400 EPS.

World Kinect Price Performance

Shares of NYSE WKC traded up $0.22 on Thursday, hitting $26.65. The company’s stock had a trading volume of 833,849 shares, compared to its average volume of 908,487. The stock has a 50 day moving average of $25.78 and a 200-day moving average of $25.55. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of -3.44, a price-to-earnings-growth ratio of 1.20 and a beta of 1.13. World Kinect has a 12-month low of $22.70 and a 12-month high of $31.54. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.15 and a quick ratio of 0.99.

World Kinect Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Monday, December 15th were given a dividend of $0.20 per share. The ex-dividend date was Monday, December 15th. This represents a $0.80 dividend on an annualized basis and a yield of 3.0%. World Kinect’s payout ratio is presently -10.34%.

Institutional Investors Weigh In On World Kinect

Large investors have recently bought and sold shares of the stock. Lido Advisors LLC raised its holdings in shares of World Kinect by 6.1% in the fourth quarter. Lido Advisors LLC now owns 10,504 shares of the company’s stock worth $268,000 after acquiring an additional 608 shares during the last quarter. California State Teachers Retirement System raised its stake in World Kinect by 1.4% in the 2nd quarter. California State Teachers Retirement System now owns 54,354 shares of the company’s stock valued at $1,541,000 after purchasing an additional 775 shares during the last quarter. Amundi raised its stake in World Kinect by 6.9% in the 3rd quarter. Amundi now owns 13,874 shares of the company’s stock valued at $360,000 after purchasing an additional 898 shares during the last quarter. Swiss National Bank lifted its holdings in World Kinect by 1.2% in the 3rd quarter. Swiss National Bank now owns 109,700 shares of the company’s stock valued at $2,847,000 after purchasing an additional 1,300 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of World Kinect by 2.2% during the 1st 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. Institutional investors and hedge funds own 97.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on WKC. Weiss Ratings reaffirmed a “sell (d)” rating on shares of World Kinect in a research note on Monday, December 29th. Zacks Research upgraded shares of World Kinect from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, World Kinect has a consensus rating of “Reduce” and an average price target of $28.75.

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.