Brandes Investment Partners (WKC) discloses 6.65% passive stake in World Kinect

Rhea-AI Filing Summary

Brandes Investment Partners, L.P., a Delaware-based investment adviser, filed an amended Schedule 13G reporting its beneficial ownership in World Kinect CorpDecember 31, 2025, Brandes reported beneficial ownership of 3,696,016 common shares, representing 6.65% of the class.

Brandes reported no sole voting or dispositive power, with shared voting power over 2,434,570 shares and shared dispositive power over 3,696,016 shares. The firm certified that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of World Kinect Corp.

02/12/2026 - 06:23 PM

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

WORLD KINECT CORP

(Name of Issuer)

Common Shares

(Title of Class of Securities)

981475106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 981475106

1

Names of Reporting Persons

BRANDES INVESTMENT PARTNERS, LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,434,570.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,696,016.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,696,016.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.7 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WORLD KINECT CORP
(b)	Address of issuer's principal executive offices: 9800 N.W. 41ST STREET, MIAMI, FLORIDA, 33178.
Item 2.
(a)	Name of person filing: Brandes Investment Partners, L.P.
(b)	Address or principal business office or, if none, residence: 4275 Executive Square, 5th Floor, La Jolla, CA 92037
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 981475106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,696,016
(b)	Percent of class: 6.65 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 2,434,570
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 3,696,016
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BRANDES INVESTMENT PARTNERS, LP

Signature:	/s/ Glenn Carlson
Name/Title:	Executive Director
Date:	02/09/2026

FAQ

What ownership in World Kinect Corp (WKC) does Brandes Investment Partners report?

Brandes Investment Partners reports beneficial ownership of 3,696,016 World Kinect Corp common shares. This represents 6.65% of the company’s outstanding common stock as of December 31, 2025, making Brandes a significant institutional shareholder under SEC reporting rules.

What voting and dispositive powers does Brandes have over WKC shares?

Brandes reports no sole voting or dispositive power over World Kinect shares. It has shared voting power over 2,434,570 shares and shared dispositive power over 3,696,016 shares, indicating decisions are made jointly, consistent with its role as an investment adviser.

Is Brandes Investment Partners seeking control of World Kinect Corp (WKC)?

Brandes states the World Kinect shares were acquired and are held in the ordinary course of business. It certifies they were not acquired and are not held to change or influence control of World Kinect, aligning with a passive institutional investment stance.

What type of entity is Brandes Investment Partners in this WKC filing?

Brandes Investment Partners, L.P. identifies itself as an investment adviser under SEC Rule 13d-1(b)(1)(ii)(E). This classification reflects its role managing client assets and explains why it files a Schedule 13G instead of a control-oriented Schedule 13D.

Why did Brandes file an amended Schedule 13G for World Kinect Corp?

Brandes filed an Amendment No. 1 to its Schedule 13G because its beneficial ownership exceeded 5% of World Kinect’s common shares. SEC rules require updated disclosures when institutional investors’ positions reach or remain above this threshold.