Insider Selling: World Kinect (NYSE:WKC) Director Sells $189,900.00 in Stock

Posted by Brian Himes on Nov 9th, 2026

World Kinect Corporation (NYSE:WKC – Get Free Report) Director Jorge Benitez sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $37.98, for a total value of $189,900.00. Following the transaction, the director owned 63,924 shares of the company’s stock, valued at $2,427,833.52. This trade represents a 7.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

World Kinect Stock Down 0.2%

Shares of WKC opened at $35.63 on Monday. The business’s 50 day simple moving average is $36.08 and its 200-day simple moving average is $31.02. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.04 and a quick ratio of 0.87. The company has a market capitalization of $1.82 billion, a P/E ratio of -12.00, a PEG ratio of 0.55 and a beta of 1.29. World Kinect Corporation has a one year low of $22.21 and a one year high of $41.20.

World Kinect (NYSE:WKC – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. World Kinect had a negative net margin of 0.37% and a positive return on equity of 13.63%. The firm had revenue of $13.27 billion during the quarter, compared to analysts’ expectations of $12.34 billion. During the same quarter in the previous year, the company posted $0.54 EPS. World Kinect’s revenue was up 41.3% on a year-over-year basis. As a group, sell-side analysts predict that World Kinect Corporation will post 3.58 EPS for the current fiscal year.

World Kinect Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Monday, September 28th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, September 28th. World Kinect’s dividend payout ratio is -30.98%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on WKC shares. Wall Street Zen cut World Kinect from a “buy” rating to a “hold” rating in a report on Saturday. Morgan Stanley increased their price objective on shares of World Kinect from $30.00 to $32.00 and gave the company an “underweight” rating in a research report on Tuesday, November 3rd. Bank of America reiterated an “underperform” rating on shares of World Kinect in a research note on Monday, November 2nd. Zacks Research cut shares of World Kinect from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of World Kinect in a report on Monday, October 26th. One equities research analyst has rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Strong Sell” and an average price target of $32.00.

Read Our Latest Stock Report on World Kinect

Institutional Investors Weigh In On World Kinect

Several large investors have recently modified their holdings of the company. Cassaday & Co Wealth Management LLC purchased a new position in shares of World Kinect during the 1st quarter valued at $37,000. IFP Advisors Inc grew its stake in World Kinect by 858.9% during the second quarter. IFP Advisors Inc now owns 1,774 shares of the company’s stock valued at $58,000 after acquiring an additional 1,589 shares in the last quarter. Transamerica Financial Advisors LLC bought a new position in shares of World Kinect in the second quarter worth $73,000. Fulcrum Asset Management LLP increased its stake in World Kinect by 22,620.0% in the 3rd quarter. Fulcrum Asset Management LLP now owns 2,272 shares of the company’s stock worth $81,000 after acquiring an additional 2,262 shares during the last quarter. Finally, Nykredit A S purchased a new stake in World Kinect in the second quarter valued at approximately $84,000. 97.06% of the stock is currently owned by institutional investors and hedge funds.

About World Kinect

(Get Free Report)

World Kinect Corporation (NYSE:WKC) is an energy management company that supplies, distributes and manages fuel and other energy products for commercial customers around the world. The company serves the aviation, marine and land transportation sectors, as well as commercial, industrial and government customers.

Its offerings include conventional and renewable fuels, natural gas, electricity, lubricants, fuel-management services and related environmental solutions. World Kinect also provides procurement, logistics, payment-processing and transaction-management services designed to help customers manage energy supply, costs and operational requirements.

The company was founded as World Fuel Services in 1985 and adopted the World Kinect name in 2024.