16,850 Shares in Kirby Corporation $KEX Purchased by BW Gestao de Investimentos Ltda.

BW Gestao de Investimentos Ltda. bought a new position in shares of Kirby Corporation (NYSE:KEX) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 16,850 shares of the shipping company’s stock, valued at approximately $1,857,000.

Other institutional investors also recently modified their holdings of the company. Maseco LLP acquired a new position in shares of Kirby during the 4th quarter worth about $27,000. Rothschild Investment LLC grew its position in shares of Kirby by 2,600.0% during the 4th quarter. Rothschild Investment LLC now owns 270 shares of the shipping company’s stock worth $30,000 after buying an additional 260 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of Kirby during the 3rd quarter worth about $56,000. Fifth Third Bancorp grew its position in shares of Kirby by 18.2% during the 4th quarter. Fifth Third Bancorp now owns 739 shares of the shipping company’s stock worth $81,000 after buying an additional 114 shares during the period. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Kirby during the 4th quarter worth about $89,000. 96.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on KEX shares. Zacks Research upgraded Kirby from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th. Evercore restated an “outperform” rating and set a $158.00 target price on shares of Kirby in a research report on Friday, May 1st. BTIG Research boosted their target price on Kirby from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Citigroup boosted their target price on Kirby from $147.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Finally, Weiss Ratings upgraded Kirby from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $146.20.

Kirby Stock Up 0.8%

KEX stock opened at $143.36 on Wednesday. The company has a current ratio of 1.59, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $7.67 billion, a PE ratio of 22.06, a PEG ratio of 1.46 and a beta of 0.82. Kirby Corporation has a 1-year low of $79.51 and a 1-year high of $157.69. The business’s 50 day simple moving average is $142.37 and its 200 day simple moving average is $127.65.

Kirby (NYSE:KEX) last issued its quarterly earnings data on Thursday, April 30th. The shipping company reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.09. Kirby had a return on equity of 10.62% and a net margin of 10.51%.The firm had revenue of $844.10 million for the quarter, compared to analyst estimates of $832.57 million. During the same period in the prior year, the firm posted $1.33 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Kirby has set its FY 2026 guidance at 6.650-7.280 EPS. As a group, research analysts anticipate that Kirby Corporation will post 6.99 EPS for the current year.

Insider Buying and Selling

In other Kirby news, COO Christian G. O’neil sold 11,287 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $145.93, for a total value of $1,647,111.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Amy D. Husted sold 4,000 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $145.43, for a total value of $581,720.00. Following the completion of the transaction, the vice president owned 10,814 shares of the company’s stock, valued at $1,572,680.02. This represents a 27.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 17,691 shares of company stock valued at $2,579,036. Company insiders own 0.80% of the company’s stock.

About Kirby

Kirby Corporation is a leading domestic maritime transporter of bulk liquid products in the United States. Through its Marine Transportation segment, the company operates one of North America’s largest fleets of inland tank barges and towing vessels. Kirby’s fleet moves petrochemicals, black oil, refined petroleum products and agricultural chemicals along coastal and inland waterways, providing critical logistical support to energy, chemical and agricultural producers.

In addition to its marine operations, Kirby’s Distribution and Services segment offers diesel engine and power generation services, along with aftermarket parts sales.