KBR, Inc. $KBR Shares Sold by South Street Advisors LLC

South Street Advisors LLC trimmed its holdings in KBR, Inc. (NYSE:KBR) by 95.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 6,815 shares of the construction company’s stock after selling 158,884 shares during the period. South Street Advisors LLC’s holdings in KBR were worth $322,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KBR. Comerica Bank grew its holdings in shares of KBR by 10.8% during the 3rd quarter. Comerica Bank now owns 78,236 shares of the construction company’s stock worth $3,700,000 after purchasing an additional 7,597 shares during the period. Eisler Capital Management Ltd. increased its position in shares of KBR by 233.8% during the 3rd quarter. Eisler Capital Management Ltd. now owns 208,276 shares of the construction company’s stock worth $10,695,000 after purchasing an additional 145,880 shares during the last quarter. Entropy Technologies LP raised its holdings in KBR by 149.7% in the 3rd quarter. Entropy Technologies LP now owns 26,084 shares of the construction company’s stock valued at $1,234,000 after buying an additional 15,637 shares during the period. Huber Capital Management LLC lifted its position in KBR by 13.0% in the third quarter. Huber Capital Management LLC now owns 780,873 shares of the construction company’s stock valued at $36,927,000 after buying an additional 89,878 shares during the last quarter. Finally, Invesco Ltd. lifted its position in KBR by 1.5% in the third quarter. Invesco Ltd. now owns 5,544,490 shares of the construction company’s stock valued at $262,199,000 after buying an additional 79,258 shares during the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

KBR Stock Down 0.4%

Shares of NYSE:KBR opened at $36.64 on Friday. The firm has a market capitalization of $4.63 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 2.17 and a beta of 0.50. KBR, Inc. has a 1 year low of $36.35 and a 1 year high of $56.78. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22. The firm’s 50-day moving average is $42.12 and its two-hundred day moving average is $43.69.

KBR (NYSE:KBR) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.95 by $0.04. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.91 billion. KBR had a net margin of 5.30% and a return on equity of 35.22%. The business’s revenue for the quarter was down 10.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Analysts predict that KBR, Inc. will post 3.26 EPS for the current year.

KBR Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, March 13th. KBR’s dividend payout ratio (DPR) is currently 20.56%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on KBR shares. Wall Street Zen cut shares of KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Citigroup decreased their price objective on shares of KBR from $57.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Truist Financial lowered their price objective on shares of KBR from $62.00 to $50.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Weiss Ratings upgraded shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Finally, Oppenheimer started coverage on KBR in a research report on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $57.00.

KBR Company Profile

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.