World Kinect Corp (WKC)

• Market cap: $1.56B
• 1 day: -1.90%
• 5 days: -4.55%
• 1 month: -4.10%
• 3 months: -14.43%
• 6 months: 4.51%
• Year to date: 16.98%
• 1 year: 18.32%
• 5 years: -37.94%
• 10 years: -43.53%
• Sector: Energy
• Industry: Petroleum & Petroleum Products, Except Bulk Stations

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 Q3 regulatory filings by fund managers ($100M+ AUM)

86% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 28

20% more capital invested

Capital invested by funds: $1.64B [Q2] → $1.95B (+$319M) [Q3]

10% more funds holding

Funds holding: 229 [Q2] → 253 (+24) [Q3]

1.31% more ownership

Funds ownership: 105.74% [Q2] → 107.04% (+1.31%) [Q3]

21% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 94

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

85% less call options, than puts

Call options by funds: $3.98M | Put options by funds: $26M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $32 19% upside
• Avg. target: $32 19% upside
• High target: $32 19% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Stifel Benjamin Nolan 32% 1-year accuracy 12 / 37 met price target

19% upside $32

Hold Downgraded

25 Oct 2024