Fifth Third Bancorp Boosts Holdings in World Kinect Corporation $WKC

Posted by Francis Steltz on Jul 28th, 2026

Fifth Third Bancorp raised its position in World Kinect Corporation (NYSE:WKC – Free Report) by 18,125.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 35,357 shares of the company’s stock after buying an additional 35,163 shares during the quarter. Fifth Third Bancorp’s holdings in World Kinect were worth $816,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Hsbc Holdings PLC raised its holdings in World Kinect by 2.0% during the first quarter. Hsbc Holdings PLC now owns 25,390 shares of the company’s stock worth $586,000 after purchasing an additional 489 shares in the last quarter. Y Intercept Hong Kong Ltd increased its position in World Kinect by 128.7% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 51,389 shares of the company’s stock worth $1,186,000 after purchasing an additional 28,922 shares during the period. Inspire Investing LLC raised its stake in shares of World Kinect by 12.6% during the 1st quarter. Inspire Investing LLC now owns 22,406 shares of the company’s stock worth $517,000 after buying an additional 2,505 shares in the last quarter. Pictet Asset Management Holding SA purchased a new position in shares of World Kinect during the 1st quarter worth approximately $242,000. Finally, Louisiana State Employees Retirement System acquired a new stake in shares of World Kinect in the 1st quarter valued at approximately $568,000. Hedge funds and other institutional investors own 97.06% of the company’s stock.

Insider Transactions at World Kinect

In related news, Chairman Michael J. Kasbar sold 25,000 shares of the business’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $35.04, for a total value of $876,000.00. Following the sale, the chairman directly owned 986,450 shares in the company, valued at $34,565,208. The trade was a 2.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Michael John Kroll sold 2,100 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $27.30, for a total transaction of $57,330.00. Following the completion of the sale, the chief accounting officer directly owned 10,390 shares in the company, valued at approximately $283,647. The trade was a 16.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 108,428 shares of company stock worth $3,293,188. Corporate insiders own 3.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Morgan Stanley lifted their price target on World Kinect from $26.00 to $28.00 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. Zacks Research upgraded World Kinect from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 22nd. Weiss Ratings raised World Kinect from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 29th. Finally, Wall Street Zen upgraded shares of World Kinect from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $30.50.

View Our Latest Research Report on WKC

World Kinect Price Performance

WKC stock opened at $39.69 on Tuesday. The firm has a 50 day moving average of $32.45 and a 200-day moving average of $27.88. World Kinect Corporation has a 12-month low of $22.21 and a 12-month high of $41.20. The company has a current ratio of 1.06, a quick ratio of 0.91 and a debt-to-equity ratio of 0.58. The company has a market cap of $2.04 billion, a price-to-earnings ratio of -12.37, a PEG ratio of 0.66 and a beta of 1.19.

World Kinect (NYSE:WKC – Get Free Report) last released its quarterly earnings results 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 positive return on equity of 11.24% and a negative net margin of 0.43%.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 firm posted $0.59 EPS. The company’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, equities analysts expect that World Kinect Corporation will post 3.3 EPS for the current fiscal year.

World Kinect Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, June 30th. This is a positive change from World Kinect’s previous quarterly dividend of $0.20. This represents a $0.92 dividend on an annualized basis and a yield of 2.3%. World Kinect’s dividend payout ratio (DPR) is presently -28.66%.

World Kinect 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.