Brandes Investment Partners 13F: Adds $15M to WKC Stake

Brandes Investment Partners boosted its stake in World Kinect Corporation (NYSE:WKC) by 11.5%, adding 444,090 shares. This brings the investment firm's total holdings to 4,289,840 shares, valued at approximately $136.1 million, as reflected in its latest Form 13F filing with the SEC for the period ending on May 15, 2026.

What Changed in Brandes Investment Partners' World Kinect Position

Brandes Investment Partners increased its position in World Kinect from 3,845,750 shares to 4,289,840 shares, a change of 444,090 shares. This represents an 11.5% increase in their holdings, with the total value of their stake now standing at about $136.1 million.

Other Institutional Activity in World Kinect

In other institutional activity, BlackRock, Inc. grew its holdings by 255,049 shares, ending with 8,725,125 shares worth about $201.3 million. State Street Corp added 989,934 shares, bringing its total to 4,010,221 shares valued at approximately $93.3 million. Vanguard Portfolio Management LLC's holdings stood at 3,874,412 shares valued at $89.4 million, while Dimensional Fund Advisors LP reduced its position by 592,236 shares, leaving it with 3,239,321 shares worth about $74.7 million.

World Kinect Corporation Stock Down 8.4%

Shares of World Kinect Corporation (NYSE:WKC) traded near $31.72. The company has a market cap of $1.63 billion and a forward P/E ratio of 13.04. With a beta of 1.236, the stock's 52-week range has been between $22.21 and $32.24. Its 50-day moving average is $27.01, and the 200-day moving average is $25.66. The company maintains a current ratio of 1.045 and a quick ratio of 0.713, with a debt-to-equity ratio of 65.91.

Recent Earnings

World Kinect reported revenues of $37.15 billion, reflecting a 2.5% year-over-year growth. However, the company posted a net margin of -1.53% and a return on equity of -35.98%, indicating some financial challenges. The next earnings report is expected on July 30, 2026.

Dividend

World Kinect pays an annual dividend rate of $0.80 per share, yielding 2.52%. The dividend payout ratio stands at 219.35%.

Insider Buying and Selling at World Kinect Corporation

Recent insider transactions at World Kinect include planned sales by Executive Chairman Michael Kasbar, who sold 19,300 shares on June 8, 2026, at an average price of $30.17. Additionally, Michael John Kroll, SVP & Chief Accounting Officer, purchased 4,988 shares on May 10, 2026.

Analysts Set New Price Targets

On May 5, 2026, Morgan Stanley maintained a 'sell' rating on World Kinect with a price target of $26. The consensus among analysts is mixed, with a mean target price of $29.33 based on three analyst opinions.

About World Kinect Corporation

World Kinect Corporation, headquartered in Miami, Florida, is an energy management company operating globally through its Aviation, Land, and Marine segments. It supplies various fuels and related services to a wide range of customers, including airlines, commercial fleets, and marine operators. The company, led by CEO Ira M. Birns, employs over 4,000 people and was formerly known as World Fuel Services Corporation until its rebranding in June 2023.

Bottom Line

Brandes Investment Partners' increased stake in World Kinect Corporation indicates confidence in the company's prospects. However, investors should remember that 13F filings are historical and may not reflect current positions. World Kinect's financials show some challenges, but its diverse operations and global reach remain noteworthy.