Legal & General Group Plc Purchases Shares of 151,265 World Kinect Corporation $WKC

Posted by Geri Gentry on Sep 4th, 2026

Legal & General Group Plc acquired a new position in World Kinect Corporation (NYSE:WKC – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 151,265 shares of the company’s stock, valued at approximately $4,983,000. Legal & General Group Plc owned about 0.30% of World Kinect as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cassaday & Co Wealth Management LLC bought a new stake in World Kinect in the first quarter valued at $37,000. Aquatic Capital Management LLC purchased a new stake in shares of World Kinect in the 3rd quarter worth about $61,000. Clearstead Advisors LLC boosted its stake in shares of World Kinect by 108.8% during the 4th quarter. Clearstead Advisors LLC now owns 2,633 shares of the company’s stock valued at $62,000 after purchasing an additional 1,372 shares in the last quarter. Aster Capital Management DIFC Ltd boosted its stake in shares of World Kinect by 977.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,630 shares of the company’s stock valued at $62,000 after purchasing an additional 2,386 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of World Kinect during the second quarter valued at about $96,000. Institutional investors own 97.06% of the company’s stock.

Insider Buying and Selling

In other World Kinect news, EVP Jose-Miguel Tejada sold 6,000 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $37.16, for a total value of $222,960.00. Following the sale, the executive vice president directly owned 35,676 shares of the company’s stock, valued at approximately $1,325,720.16. The trade was a 14.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul H. Stebbins sold 33,445 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $39.93, for a total value of $1,335,458.85. Following the completion of the sale, the director directly owned 58,878 shares in the company, valued at approximately $2,350,998.54. This represents a 36.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 113,745 shares of company stock worth $4,143,400 in the last 90 days. Corporate insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

WKC has been the subject of several research analyst reports. Weiss Ratings lowered shares of World Kinect from a “hold (c-)” rating to a “sell (d)” rating in a report on Tuesday, July 28th. Zacks Research raised World Kinect from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 22nd. Morgan Stanley set a $30.00 target price on World Kinect in a research note on Wednesday, July 29th. Finally, Wall Street Zen lowered World Kinect from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 29th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $30.00.

View Our Latest Stock Analysis on World Kinect

World Kinect Trading Down 0.1%

NYSE:WKC opened at $35.10 on Friday. World Kinect Corporation has a one year low of $22.21 and a one year high of $41.20. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.06 and a quick ratio of 0.91. The company’s 50-day simple moving average is $36.20 and its 200 day simple moving average is $29.84. The firm has a market capitalization of $1.80 billion, a P/E ratio of -10.93, a PEG ratio of 0.54 and a beta of 1.16.

World Kinect (NYSE:WKC – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.54. World Kinect had a negative net margin of 0.43% and a positive return on equity of 11.24%. The business had revenue of $13.59 billion for the quarter, compared to analysts’ expectations of $10.50 billion. During the same quarter in the prior year, the company earned $0.59 earnings per share. The business’s revenue was up 50.3% compared to the same quarter last year. World Kinect has set its FY 2026 guidance at 3.200-3.400 EPS. As a group, analysts forecast that World Kinect Corporation will post 3.6 EPS for the current fiscal year.

World Kinect Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Tuesday, June 30th. This is an increase from World Kinect’s previous quarterly dividend of $0.20. World Kinect’s dividend payout ratio (DPR) is currently -28.66%.

World Kinect Company Profile

(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.