Stock events for World Kinect Corp. (WKC)
World Kinect Corp. reported its third-quarter 2025 financial results, with adjusted earnings per share (EPS) of $0.54, missing the Zacks Consensus Estimate of $0.61, but revenue slightly surpassed expectations, leading to a modest stock increase. Ira M. Birns was appointed as CEO, effective January 1, 2026, with Michael Kasbar transitioning to Executive Chairman. Andrea Smith was named to the Board of Directors. The acquisition of Universal Trip Support Services is expected to be accretive to earnings by approximately 7% in the first year. World Kinect Corporation increased its regular quarterly cash dividend by 18% in June 2025. Overall, the company's share price experienced a decline of 18.68% between October 22, 2024, and October 21, 2025, and year-to-date, shares have lost approximately 7%.
Demand Seasonality affecting World Kinect Corp.’s stock price
World Kinect Corp. experiences seasonal variability that can adversely affect its revenues and operating results. Additionally, the company's operations can be impacted by natural disasters such as earthquakes, hurricanes, and wildfires.
Overview of World Kinect Corp.’s business
World Kinect Corp. specializes in energy management, offering services to customers in the aviation, marine, and land-based transportation sectors. Its major products and services include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services. The company also supplies natural gas and power in the United States and Europe, alongside a broad suite of sustainability-related products and services.
WKC’s Geographic footprint
World Kinect Corp. maintains a global presence, with its headquarters in Miami, Florida. The company's operations extend to Europe, where it has operated airport locations and supplies natural gas and power.
WKC Corporate Image Assessment
No specific events negatively impacting World Kinect Corp.'s brand reputation were prominently reported in the provided search results in the past year. The company's focus on sustainability and accelerating the world's energy transition could positively contribute to its reputation. The recent leadership transition and strategic acquisitions are presented as moves to strengthen the company and enhance shareholder value.
Ownership
World Kinect Corp. has a significant institutional ownership presence, with 622 institutional owners and shareholders holding a total of 77,433,544 shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Dimensional Fund Advisors Lp, iShares Core S&P Small-Cap ETF, State Street Corp, Brandes Investment Partners, Lp, Invesco Ltd., Vanguard Total Stock Market Index Fund Investor Shares, Invesco S&P SmallCap 600 Revenue ETF, and Lsv Asset Management. Institutional investors own approximately 70.52% of the company's stock, while insiders hold about 3.82%, and public companies and individual investors account for roughly 25.67%.
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$26.10