Kirby Corporation (NYSE:KEX – Get Free Report) VP Amy Husted sold 4,000 shares of Kirby stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $145.43, for a total value of $581,720.00. Following the completion of the transaction, the vice president owned 10,814 shares of the company’s stock, valued at approximately $1,572,680.02. This trade represents a 27.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.
Kirby Trading Up 0.6%
Shares of Kirby stock traded up $0.90 on Monday, reaching $146.60. The company had a trading volume of 493,235 shares, compared to its average volume of 755,525. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 22.55, a P/E/G ratio of 1.50 and a beta of 0.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.59 and a quick ratio of 1.01. The firm’s 50-day moving average price is $138.56 and its two-hundred day moving average price is $124.55. Kirby Corporation has a 1 year low of $79.51 and a 1 year high of $157.69.
Kirby (NYSE:KEX – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The shipping company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.09. Kirby had a return on equity of 10.62% and a net margin of 10.51%.The firm had revenue of $844.10 million during the quarter, compared to analyst estimates of $832.57 million. During the same period last year, the company earned $1.33 EPS. Kirby’s quarterly revenue was up 7.4% compared to the same quarter last year. Kirby has set its FY 2026 guidance at 6.650-7.280 EPS. As a group, research analysts predict that Kirby Corporation will post 6.99 earnings per share for the current fiscal year.
Analyst Ratings Changes
Check Out Our Latest Stock Report on KEX
Hedge Funds Weigh In On Kirby
Institutional investors have recently made changes to their positions in the company. Maseco LLP purchased a new position in shares of Kirby during the fourth quarter valued at $27,000. First Horizon Corp purchased a new position in shares of Kirby during the third quarter valued at $30,000. Rothschild Investment LLC increased its stake in shares of Kirby by 2,600.0% during the fourth quarter. Rothschild Investment LLC now owns 270 shares of the shipping company’s stock valued at $30,000 after buying an additional 260 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Kirby by 537.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 306 shares of the shipping company’s stock valued at $34,000 after buying an additional 258 shares during the period. Finally, Parallel Advisors LLC increased its stake in shares of Kirby by 50.0% during the fourth quarter. Parallel Advisors LLC now owns 402 shares of the shipping company’s stock valued at $44,000 after buying an additional 134 shares during the period. Hedge funds and other institutional investors own 96.15% of the company’s stock.
About Kirby
Kirby Corporation is a leading domestic maritime transporter of bulk liquid products in the United States. Through its Marine Transportation segment, the company operates one of North America’s largest fleets of inland tank barges and towing vessels. Kirby’s fleet moves petrochemicals, black oil, refined petroleum products and agricultural chemicals along coastal and inland waterways, providing critical logistical support to energy, chemical and agricultural producers.
In addition to its marine operations, Kirby’s Distribution and Services segment offers diesel engine and power generation services, along with aftermarket parts sales.
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