World Kinect (NYSE:WKC) Director Jorge Benitez Sells 13,000 Shares of Stock

Posted by Geri Gentry on Nov 7th, 2026

World Kinect Corporation (NYSE:WKC – Get Free Report) Director Jorge Benitez sold 13,000 shares of the company’s stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $36.56, for a total transaction of $475,280.00. Following the completion of the transaction, the director owned 50,924 shares of the company’s stock, valued at $1,861,781.44. This trade represents a 20.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

World Kinect Price Performance

WKC opened at $35.63 on Friday. The company’s 50-day simple moving average is $36.08 and its two-hundred day simple moving average is $31.02. The stock has a market capitalization of $1.82 billion, a P/E ratio of -12.00, a P/E/G ratio of 0.57 and a beta of 1.29. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.87 and a current ratio of 1.04. World Kinect Corporation has a 52-week low of $22.21 and a 52-week high of $41.20.

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

World Kinect Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms recently commented on WKC. Morgan Stanley raised their price objective on shares of World Kinect from $30.00 to $32.00 and gave the stock an “underweight” rating in a research note on Tuesday. Weiss Ratings reiterated a “sell (d)” rating on shares of World Kinect in a research report on Monday, October 26th. Bank of America reissued an “underperform” rating on shares of World Kinect in a research report on Monday. Zacks Research cut World Kinect from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Wall Street Zen lowered shares of World Kinect from a “buy” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Strong Sell” and a consensus price target of $32.00.

Check Out Our Latest Research Report on WKC

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. raised its holdings in shares of World Kinect by 75.2% during the third quarter. Russell Investments Group Ltd. now owns 203,979 shares of the company’s stock worth $7,261,000 after acquiring an additional 87,570 shares during the period. R Squared Ltd purchased a new position in shares of World Kinect during the third quarter worth approximately $286,000. Fifth Third Bancorp lifted its stake in shares of World Kinect by 7.1% in the 3rd quarter. Fifth Third Bancorp now owns 33,583 shares of the company’s stock valued at $1,181,000 after purchasing an additional 2,212 shares during the period. Maryland State Retirement & Pension System lifted its stake in World Kinect by 51.0% during the 3rd quarter. Maryland State Retirement & Pension System now owns 11,259 shares of the company’s stock valued at $396,000 after acquiring an additional 3,805 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new position in shares of World Kinect during the 3rd quarter valued at $545,000. Institutional investors own 97.06% of the company’s stock.

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.