Several analysts have recently updated their ratings and price targets for World Kinect (NYSE: WKC):
- 8/1/2026 – World Kinect was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 7/29/2026 – World Kinect was given a new $30.00 price target by Morgan Stanley.
- 7/28/2026 – World Kinect was downgraded by Weiss Ratings from “hold (c-)” to “sell (d)”.
- 7/22/2026 – World Kinect was upgraded by Zacks Research from “hold” to “strong-buy”.
- 7/21/2026 – World Kinect had its price target raised by Morgan Stanley from $26.00 to $28.00. They now have an “underweight” rating on the stock.
- 6/29/2026 – World Kinect was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
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. This is a boost from World Kinect’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.92 dividend on an annualized basis and a yield of 2.4%. World Kinect’s dividend payout ratio is presently -28.66%.
Insider Transactions at World Kinect
In other news, Chairman Michael J. Kasbar sold 25,000 shares of the firm’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $35.04, for a total transaction of $876,000.00. Following the transaction, the chairman owned 986,450 shares in the company, valued at approximately $34,565,208. This trade represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Paul H. Stebbins sold 33,445 shares of World Kinect stock in a transaction dated Wednesday, July 29th. The shares were 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 owned 58,878 shares of the company’s stock, valued at $2,350,998.54. The trade was a 36.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 118,445 shares of company stock valued at $4,108,540 over the last 90 days. 3.80% of the stock is owned by corporate insiders.
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.
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