Victory Capital Management Reduces Kirby Corporation Stake

Institutional investor lowers holdings in shipping company by 32%

Mar. 10, 2026 at 8:22am

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Victory Capital Management Inc. has lowered its holdings in Kirby Corporation (NYSE:KEX) by 32.0% during the third quarter, according to a recent disclosure with the Securities & Exchange Commission. The firm now owns 247,609 shares of the shipping company's stock, down from 364,370 shares previously.

Why it matters

Kirby Corporation is a leading operator of inland tank barges and towing vessels in the United States, transporting petrochemicals, refined petroleum products, and other bulk liquid goods. Changes in major institutional investor holdings can signal shifts in market sentiment and outlook for the company.

The details

According to the SEC filing, Victory Capital Management sold 116,761 shares of Kirby Corporation during the third quarter. The firm now owns 0.44% of Kirby's outstanding shares, valued at $20.66 million as of the most recent quarter. Several other large investors have also modified their Kirby holdings, with Vanguard Group Inc. and Alliancebernstein L.P. among the top institutional shareholders.

  • Victory Capital Management lowered its Kirby stake during the third quarter of 2026.

The players

Victory Capital Management Inc.

An investment management firm that has reduced its holdings in Kirby Corporation by 32% in the third quarter.

Kirby Corporation

A leading operator of inland tank barges and towing vessels in the United States, transporting petrochemicals, refined petroleum products, and other bulk liquid goods.

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The takeaway

The reduction in Victory Capital Management's Kirby Corporation stake suggests a potential shift in market sentiment around the shipping company, though the overall institutional ownership remains high at 96.15%. Investors will likely monitor Kirby's performance and any further changes in major shareholder positions.