Coyle Financial Counsel LLC Has $1.14 Million Holdings in Kirby Corporation $KEX

Coyle Financial Counsel LLC lowered its position in shares of Kirby Corporation (NYSE:KEX) by 40.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,314 shares of the shipping company’s stock after selling 7,089 shares during the quarter. Coyle Financial Counsel LLC’s holdings in Kirby were worth $1,136,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in KEX. Eurizon Capital SGR S.p.A. purchased a new position in Kirby during the fourth quarter valued at approximately $89,000. Rothschild Investment LLC grew its position in Kirby by 2,600.0% during the fourth quarter. Rothschild Investment LLC now owns 270 shares of the shipping company’s stock valued at $30,000 after purchasing an additional 260 shares in the last quarter. Intech Investment Management LLC grew its position in Kirby by 71.6% during the fourth quarter. Intech Investment Management LLC now owns 27,050 shares of the shipping company’s stock valued at $2,980,000 after purchasing an additional 11,288 shares in the last quarter. King Luther Capital Management Corp grew its position in Kirby by 3.0% during the fourth quarter. King Luther Capital Management Corp now owns 1,617,100 shares of the shipping company’s stock valued at $178,172,000 after purchasing an additional 47,099 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its position in Kirby by 355.9% during the fourth quarter. Hantz Financial Services Inc. now owns 1,933 shares of the shipping company’s stock valued at $213,000 after purchasing an additional 1,509 shares in the last quarter. Institutional investors and hedge funds own 96.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on KEX shares. Wall Street Zen downgraded shares of Kirby from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Wolfe Research reaffirmed an “outperform” rating and set a $136.00 price objective on shares of Kirby in a research report on Friday, January 30th. BTIG Research boosted their price objective on shares of Kirby from $160.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Zacks Research raised shares of Kirby from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th. Finally, Weiss Ratings downgraded shares of Kirby from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 15th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Kirby currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.20.

Insiders Place Their Bets

In other news, COO Christian G. O’neil sold 11,287 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $145.93, for a total value of $1,647,111.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP William Matthew Woodruff sold 678 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $147.37, for a total transaction of $99,916.86. Following the completion of the sale, the vice president owned 9 shares of the company’s stock, valued at $1,326.33. The trade was a 98.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 31,978 shares of company stock valued at $4,470,858 in the last three months. Company insiders own 0.80% of the company’s stock.

Kirby Price Performance

Shares of Kirby stock opened at $140.66 on Friday. The firm has a fifty day simple moving average of $142.13 and a 200-day simple moving average of $127.30. The company has a current ratio of 1.59, a quick ratio of 1.01 and a debt-to-equity ratio of 0.29. Kirby Corporation has a 1-year low of $79.51 and a 1-year high of $157.69. The stock has a market capitalization of $7.53 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.44 and a beta of 0.85.

Kirby (NYSE:KEX) last issued its quarterly earnings data on Thursday, April 30th. The shipping company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.09. Kirby had a net margin of 10.51% and a return on equity of 10.62%. The business had revenue of $844.10 million during the quarter, compared to analysts’ expectations of $832.57 million. During the same period in the previous year, the company earned $1.33 earnings per share. Kirby’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. On average, sell-side analysts expect that Kirby Corporation will post 6.99 earnings per share for the current year.

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.