World Kinect Corp
About: World Kinect Corp is a energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers . It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions. Company operate in three reportable segments consisting of aviation, land, and marine. Company earn majority of revenue from Aviation segment.
Employees: 5,289
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
1% more funds holding
Funds holding: 226 [Q1] → 228 (+2) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 81
3.37% less ownership
Funds ownership: 107.34% [Q1] → 103.97% (-3.37%) [Q2]
5% less capital invested
Capital invested by funds: $1.7B [Q1] → $1.61B (-$90.5M) [Q2]
92% less call options, than puts
Call options by funds: $1.83M | Put options by funds: $21.6M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
JP Morgan John Royall 31% 1-year accuracy 5 / 16 met price target | 4%upside $32 | Neutral Maintained | 19 Sept 2024 |
Morgan Stanley Robert Kad 89% 1-year accuracy 8 / 9 met price target | 9%downside $28 | Underweight Downgraded | 16 Sept 2024 |
B of A Securities Ken Hoexter 50% 1-year accuracy 20 / 40 met price target | 12%downside $27 | Underperform Maintained | 13 Sept 2024 |
Stifel Benjamin Nolan 53% 1-year accuracy 21 / 40 met price target | 8%upside $33 | Buy Maintained | 26 Jul 2024 |