Paul Stebbins Sells 20,828 Shares of World Kinect Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy WKC?
Source: Fool
- Transaction Overview: Paul Stebbins sold 20,828 shares of common stock on May 5, 2026, for a total value of $577,000, reducing his direct holdings to 40,669 shares valued at $1.12 million, indicating a significant decline in his ownership stake.
- Holding Changes: The shares sold represented 15.56% of Stebbins' total equity, materially decreasing his direct exposure while maintaining a substantial indirect stake of 72,326 shares through trusts, reflecting ongoing confidence in the company's future.
- Market Reaction: Prior to Stebbins' sale, World Kinect's stock rose over 17% following the release of its Q1 2026 earnings report, indicating positive market sentiment regarding the company's strong performance, particularly in its aviation and marine segments.
- Company Outlook: World Kinect reported a 20% increase in gross profit to $138 million in the aviation segment and an 86% increase to $66 million in the marine segment for Q1 2026, alongside a $75 million stock buyback and a quarterly dividend of $0.20 per share, showcasing robust performance and financial discipline in the oil and gas sector.
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Analyst Views on WKC
Wall Street analysts forecast WKC stock price to fall
2 Analyst Rating
0 Buy
0 Hold
2 Sell
Moderate Sell
Current: 28.040
Low
26.00
Averages
26.50
High
27.00
Current: 28.040
Low
26.00
Averages
26.50
High
27.00
About WKC
World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services to customers across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a growing suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, including fuel management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Marine segment markets fuel, lubricants, and related products and services to a base of marine customers, including international container, dry bulk and tanker fleets, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Paul Stebbins Sells 20,828 Shares of World Kinect Stock
- Transaction Overview: Paul Stebbins sold 20,828 shares of common stock on May 5, 2026, for a total value of $577,000, reducing his direct holdings to 40,669 shares valued at $1.12 million, indicating a significant decline in his ownership stake.
- Holding Changes: The shares sold represented 15.56% of Stebbins' total equity, materially decreasing his direct exposure while maintaining a substantial indirect stake of 72,326 shares through trusts, reflecting ongoing confidence in the company's future.
- Market Reaction: Prior to Stebbins' sale, World Kinect's stock rose over 17% following the release of its Q1 2026 earnings report, indicating positive market sentiment regarding the company's strong performance, particularly in its aviation and marine segments.
- Company Outlook: World Kinect reported a 20% increase in gross profit to $138 million in the aviation segment and an 86% increase to $66 million in the marine segment for Q1 2026, alongside a $75 million stock buyback and a quarterly dividend of $0.20 per share, showcasing robust performance and financial discipline in the oil and gas sector.
See More
World Kinect Q1 Earnings Significantly Exceed Expectations
- Earnings Beat: World Kinect (WKC) reported an adjusted EPS of $0.75 for Q1, significantly surpassing analyst expectations of $0.31, indicating robust profitability that boosts investor confidence.
- Significant Revenue Growth: The company achieved $9.69 billion in revenue for the quarter, exceeding the consensus forecast of $8.77 billion by 10.4%, reflecting strong performance in the fuel logistics sector and solidifying its market position.
- Strong EBITDA Performance: Adjusted EBITDA reached $94.4 million, exceeding expectations by over 31%, suggesting improved operational efficiency and cost control, potentially providing more capital for future investments.
- Positive Stock Reaction: Following the earnings report, World Kinect's stock surged 13.5% in afternoon trading; despite an 11% year-to-date increase, it remains 9.6% below its 52-week high of $29.63, indicating optimistic market sentiment about future growth.
See More
World Kinect Reports Strong Q1 2026 Earnings Amid Volatility
- Strong Performance: World Kinect's first-quarter volume reached 4 billion gallons, down 6% year-over-year, yet gross profit was $254 million, up 10%, demonstrating the company's effective execution and focused portfolio strategy amid a volatile environment.
- Upgraded EPS Guidance: The company raised its adjusted EPS guidance for 2026 to $2.65 to $2.85, reflecting the overperformance in Q1, indicating management's confidence in sustained profitability moving forward.
- Marine Business Strength: While Marine gross profit is expected to decrease sequentially in Q2, the first quarter saw exceptional performance, marking the third-best quarter in company history, showcasing the ability to generate profits despite uncertainty.
- Rebranding Strategy: World Kinect announced “World Fuel” as its unified corporate and commercial brand, while maintaining its legal name and ticker symbol, aiming to enhance brand recognition and strengthen market competitiveness.
See More
World Kinect (WKC) Q1 2026 Earnings Transcript
See More
World Kinect Q1 Earnings Exceed Expectations
- Earnings Beat: World Kinect reported a Q1 non-GAAP EPS of $0.75, surpassing expectations by $0.44, which highlights a significant improvement in profitability and boosts investor confidence.
- Revenue Growth: The company achieved Q1 revenue of $9.68 billion, a 2.4% year-over-year increase, exceeding market expectations by $970 million, indicating stable growth in a competitive market.
- Gross Profit Performance: Gross profit stood at $271 million, with adjusted gross profit at $254 million, reflecting ongoing efforts in cost control and operational efficiency, which contribute to overall profitability enhancement.
- Stock Buyback Program: The company repurchased $75 million of common stock in Q1, demonstrating management's confidence in future growth while also helping to increase EPS and enhance shareholder value.
See More
World Kinect Set to Announce Q1 Earnings on April 23
- Earnings Announcement Date: World Kinect (WKC) is set to release its Q1 earnings on April 23 after market close, with a consensus EPS estimate of $0.31, reflecting a significant year-over-year decline of 35.4%, indicating potential profitability pressures.
- Revenue Decline Forecast: The expected revenue for Q1 stands at $8.71 billion, down 7.8% year-over-year, highlighting sales challenges in the current economic environment, which could impact investor confidence moving forward.
- Historical Performance Review: Over the past two years, WKC has only beaten EPS estimates 38% of the time and revenue estimates 13% of the time, suggesting considerable volatility in profitability and revenue growth, which may lead to cautious market sentiment regarding future performance.
- Adjustment Trends: In the last three months, there have been no upward revisions for EPS or revenue estimates, with two downward adjustments each, indicating analysts' pessimistic outlook on the company's future performance and increasing market uncertainty.
See More
Paul Stebbins Sells 20,828 Shares of World Kinect Stock
- Transaction Overview: Paul Stebbins sold 20,828 shares of common stock on May 5, 2026, for a total value of $577,000, reducing his direct holdings to 40,669 shares valued at $1.12 million, indicating a significant decline in his ownership stake.
- Holding Changes: The shares sold represented 15.56% of Stebbins' total equity, materially decreasing his direct exposure while maintaining a substantial indirect stake of 72,326 shares through trusts, reflecting ongoing confidence in the company's future.
- Market Reaction: Prior to Stebbins' sale, World Kinect's stock rose over 17% following the release of its Q1 2026 earnings report, indicating positive market sentiment regarding the company's strong performance, particularly in its aviation and marine segments.
- Company Outlook: World Kinect reported a 20% increase in gross profit to $138 million in the aviation segment and an 86% increase to $66 million in the marine segment for Q1 2026, alongside a $75 million stock buyback and a quarterly dividend of $0.20 per share, showcasing robust performance and financial discipline in the oil and gas sector.
See More
World Kinect Q1 Earnings Significantly Exceed Expectations
- Earnings Beat: World Kinect (WKC) reported an adjusted EPS of $0.75 for Q1, significantly surpassing analyst expectations of $0.31, indicating robust profitability that boosts investor confidence.
- Significant Revenue Growth: The company achieved $9.69 billion in revenue for the quarter, exceeding the consensus forecast of $8.77 billion by 10.4%, reflecting strong performance in the fuel logistics sector and solidifying its market position.
- Strong EBITDA Performance: Adjusted EBITDA reached $94.4 million, exceeding expectations by over 31%, suggesting improved operational efficiency and cost control, potentially providing more capital for future investments.
- Positive Stock Reaction: Following the earnings report, World Kinect's stock surged 13.5% in afternoon trading; despite an 11% year-to-date increase, it remains 9.6% below its 52-week high of $29.63, indicating optimistic market sentiment about future growth.
See More
World Kinect Reports Strong Q1 2026 Earnings Amid Volatility
- Strong Performance: World Kinect's first-quarter volume reached 4 billion gallons, down 6% year-over-year, yet gross profit was $254 million, up 10%, demonstrating the company's effective execution and focused portfolio strategy amid a volatile environment.
- Upgraded EPS Guidance: The company raised its adjusted EPS guidance for 2026 to $2.65 to $2.85, reflecting the overperformance in Q1, indicating management's confidence in sustained profitability moving forward.
- Marine Business Strength: While Marine gross profit is expected to decrease sequentially in Q2, the first quarter saw exceptional performance, marking the third-best quarter in company history, showcasing the ability to generate profits despite uncertainty.
- Rebranding Strategy: World Kinect announced “World Fuel” as its unified corporate and commercial brand, while maintaining its legal name and ticker symbol, aiming to enhance brand recognition and strengthen market competitiveness.
See More
World Kinect (WKC) Q1 2026 Earnings Transcript
See More
World Kinect Q1 Earnings Exceed Expectations
- Earnings Beat: World Kinect reported a Q1 non-GAAP EPS of $0.75, surpassing expectations by $0.44, which highlights a significant improvement in profitability and boosts investor confidence.
- Revenue Growth: The company achieved Q1 revenue of $9.68 billion, a 2.4% year-over-year increase, exceeding market expectations by $970 million, indicating stable growth in a competitive market.
- Gross Profit Performance: Gross profit stood at $271 million, with adjusted gross profit at $254 million, reflecting ongoing efforts in cost control and operational efficiency, which contribute to overall profitability enhancement.
- Stock Buyback Program: The company repurchased $75 million of common stock in Q1, demonstrating management's confidence in future growth while also helping to increase EPS and enhance shareholder value.
See More
World Kinect Set to Announce Q1 Earnings on April 23
- Earnings Announcement Date: World Kinect (WKC) is set to release its Q1 earnings on April 23 after market close, with a consensus EPS estimate of $0.31, reflecting a significant year-over-year decline of 35.4%, indicating potential profitability pressures.
- Revenue Decline Forecast: The expected revenue for Q1 stands at $8.71 billion, down 7.8% year-over-year, highlighting sales challenges in the current economic environment, which could impact investor confidence moving forward.
- Historical Performance Review: Over the past two years, WKC has only beaten EPS estimates 38% of the time and revenue estimates 13% of the time, suggesting considerable volatility in profitability and revenue growth, which may lead to cautious market sentiment regarding future performance.
- Adjustment Trends: In the last three months, there have been no upward revisions for EPS or revenue estimates, with two downward adjustments each, indicating analysts' pessimistic outlook on the company's future performance and increasing market uncertainty.
See More
