Atria Investments Inc Sells 12,944 Shares of Kirby Corporation $KEX

Atria Investments Inc lessened its stake in shares of Kirby Corporation (NYSE:KEX) by 22.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 44,147 shares of the shipping company’s stock after selling 12,944 shares during the period. Atria Investments Inc’s holdings in Kirby were worth $4,864,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of KEX. Maseco LLP bought a new stake in Kirby during the fourth quarter valued at about $27,000. First Horizon Corp bought a new stake in Kirby during the third quarter valued at about $30,000. Frazier Financial Advisors LLC grew its holdings in Kirby by 559.3% during the third quarter. Frazier Financial Advisors LLC now owns 567 shares of the shipping company’s stock valued at $47,000 after purchasing an additional 481 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Kirby during the third quarter valued at about $53,000. Finally, FNY Investment Advisers LLC bought a new stake in Kirby during the third quarter valued at about $56,000. Institutional investors own 96.15% of the company’s stock.

Key Stories Impacting Kirby

Here are the key news stories impacting Kirby this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $6.97 from $6.77, suggesting stronger expected full-year profitability. Assessing Kirby (KEX) Valuation After Recent Share Price Momentum
• Positive Sentiment: The firm also lifted FY2027 EPS estimates to $8.27 from $8.04, reinforcing a stronger multi-year earnings growth story. Assessing Kirby (KEX) Valuation After Recent Share Price Momentum
• Positive Sentiment: FY2028 EPS was still estimated at $9.05, which indicates Zacks sees continued earnings growth over the next few years. Assessing Kirby (KEX) Valuation After Recent Share Price Momentum
• Neutral Sentiment: Some near-term estimates were lowered, including Q2 2026 EPS to $1.65 from $1.71 and Q1 2027 EPS to $1.76 from $1.81, which tempers the bullish longer-term view. Assessing Kirby (KEX) Valuation After Recent Share Price Momentum
• Neutral Sentiment: Zacks kept a Hold rating on Kirby, so the firm is not signaling an outright buy despite the improved estimates. Assessing Kirby (KEX) Valuation After Recent Share Price Momentum
• Negative Sentiment: The reduced short-term forecasts may weigh on sentiment if investors are focused on the next few quarters rather than the long-term growth outlook. Assessing Kirby (KEX) Valuation After Recent Share Price Momentum

Insider Transactions at Kirby

In other news, CFO Raj Kumar sold 3,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $132.70, for a total value of $398,100.00. Following the completion of the transaction, the chief financial officer owned 4,494 shares of the company’s stock, valued at $596,353.80. This represents a 40.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Amy D. Husted sold 11,667 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $129.33, for a total value of $1,508,893.11. Following the completion of the transaction, the vice president directly owned 14,814 shares of the company’s stock, valued at approximately $1,915,894.62. This trade represents a 44.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 61,832 shares of company stock valued at $8,092,470. 0.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

KEX has been the subject of several recent research reports. Wolfe Research reissued an “outperform” rating and set a $136.00 price target on shares of Kirby in a report on Friday, January 30th. BTIG Research boosted their price target on Kirby from $160.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Zacks Research raised Kirby from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Weiss Ratings raised Kirby from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Finally, Evercore reissued an “outperform” rating and set a $158.00 price target on shares of Kirby in a report on Friday, May 1st. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Kirby has a consensus rating of “Moderate Buy” and a consensus price target of $146.20.

Kirby Stock Performance

NYSE KEX opened at $145.65 on Friday. The firm has a market cap of $7.79 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 1.52 and a beta of 0.85. The company has a quick ratio of 0.96, a current ratio of 1.59 and a debt-to-equity ratio of 0.29. The business has a 50-day moving average price of $138.56 and a 200-day moving average price of $124.30. Kirby Corporation has a twelve month low of $79.51 and a twelve month high of $157.69.

Kirby (NYSE:KEX) last released 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. The firm had revenue of $844.10 million during the quarter, compared to analyst estimates of $832.57 million. Kirby had a return on equity of 10.62% and a net margin of 10.51%.The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.33 earnings per share. Kirby has set its FY 2026 guidance at 6.650-7.280 EPS. As a group, equities research analysts predict that Kirby Corporation will post 6.99 EPS for the current fiscal year.

Kirby Profile

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.