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Investment Company Luminus Loaded Up on This Leading Industrials Stock. Is It a Buy?

Luminus Management disclosed the purchase of 87,120 shares of Kirby Corporation (KEX -2.17%), with an estimated transaction value of 8.8millioninanOct.3SECfiling.WhathappenedAccordingtotheOct.3filingwiththeSecuritiesandExchangeCommission,LuminusManagementincreaseditsstakeinKirbyCorporationbyover87,000sharesduringthethirdquarterof2025.Theestimatedtradevalueis8.8 million in an Oct. 3 SEC filing.What happenedAccording to the Oct. 3 filing with the Securities and Exchange Commission, Luminus Management increased its stake in Kirby Corporation by over 87,000 shares during the third quarter of 2025. The estimated trade value is 8.75 million, based on the average closing price for the quarter. Following the transaction, the fund holds ...