Quantbot Technologies LP Buys Shares of 92,259 World Kinect Corporation $WKC

Posted by Brenda Bartman on Aug 24th, 2026

Quantbot Technologies LP purchased a new stake in shares of World Kinect Corporation (NYSE:WKC – Free Report) during the second quarter, Holdings Channel reports. The fund purchased 92,259 shares of the company’s stock, valued at approximately $3,039,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Millennium Management LLC grew its holdings in shares of World Kinect by 373.8% during the third quarter. Millennium Management LLC now owns 1,602,996 shares of the company’s stock worth $41,598,000 after purchasing an additional 1,264,684 shares during the last quarter. Brandes Investment Partners LP raised its holdings in World Kinect by 30.9% in the 4th quarter. Brandes Investment Partners LP now owns 3,845,750 shares of the company’s stock valued at $90,106,000 after buying an additional 907,490 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in World Kinect by 235.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 644,941 shares of the company’s stock valued at $14,879,000 after buying an additional 452,462 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in World Kinect during the 4th quarter worth approximately $9,427,000. Finally, Qube Research & Technologies Ltd boosted its position in World Kinect by 119.5% during the 3rd quarter. Qube Research & Technologies Ltd now owns 702,367 shares of the company’s stock worth $18,226,000 after buying an additional 382,340 shares during the period. 97.06% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Paul H. Stebbins sold 33,445 shares of the company’s stock in a transaction on 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 sale, the director directly owned 58,878 shares of the company’s stock, valued at approximately $2,350,998.54. This represents a 36.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John L. Manley sold 10,000 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $39.88, for a total transaction of $398,800.00. Following the sale, the director owned 54,116 shares of the company’s stock, valued at approximately $2,158,146.08. This trade represents a 15.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 124,445 shares of company stock valued at $4,455,900. Company insiders own 3.80% of the company’s stock.

World Kinect Price Performance

World Kinect stock opened at $35.99 on Monday. The stock’s 50 day moving average is $35.46 and its 200 day moving average is $29.32. 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 firm has a market cap of $1.84 billion, a P/E ratio of -11.21, a P/E/G ratio of 0.55 and a beta of 1.17. 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 announced its earnings results on Thursday, July 23rd. The company reported $1.29 EPS for the quarter, beating the consensus estimate of $0.75 by $0.54. The business had revenue of $13.59 billion for the quarter, compared to analysts’ expectations of $10.50 billion. World Kinect had a positive return on equity of 11.24% and a negative net margin of 0.43%.The firm’s revenue was up 50.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 earnings per share. World Kinect has set its FY 2026 guidance at 3.200-3.400 EPS. As a group, research analysts expect that World Kinect Corporation will post 3.6 EPS for the current year.

World Kinect Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on WKC shares. Wall Street Zen upgraded shares of World Kinect from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Weiss Ratings lowered shares of World Kinect from a “hold (c-)” rating to a “sell (d)” rating in a report on Tuesday, July 28th. Morgan Stanley set a $30.00 price target on shares of World Kinect in a report on Wednesday, July 29th. Finally, Zacks Research raised shares of World Kinect from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $30.00.

Check Out Our Latest Research Report on WKC

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.