KBR, Inc. $KBR Position Increased by Chescapmanager LLC

Chescapmanager LLC increased its holdings in KBR, Inc. (NYSE:KBR) by 29.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 751,457 shares of the construction company’s stock after acquiring an additional 170,013 shares during the quarter. KBR makes up 3.4% of Chescapmanager LLC’s portfolio, making the stock its 10th biggest position. Chescapmanager LLC’s holdings in KBR were worth $35,536,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Invesco Ltd. grew its stake in KBR by 1.5% during the 3rd quarter. Invesco Ltd. now owns 5,544,490 shares of the construction company’s stock valued at $262,199,000 after purchasing an additional 79,258 shares in the last quarter. Boston Partners raised its position in shares of KBR by 25.6% in the 2nd quarter. Boston Partners now owns 5,506,603 shares of the construction company’s stock valued at $264,474,000 after purchasing an additional 1,122,076 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of KBR by 8.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,090,874 shares of the construction company’s stock valued at $196,116,000 after buying an additional 308,268 shares during the last quarter. Franklin Resources Inc. grew its position in shares of KBR by 17.8% during the second quarter. Franklin Resources Inc. now owns 3,419,468 shares of the construction company’s stock worth $163,929,000 after buying an additional 517,633 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of KBR by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 2,550,767 shares of the construction company’s stock worth $120,621,000 after buying an additional 38,568 shares in the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

KBR Stock Performance

Shares of KBR opened at $36.64 on Friday. The business’s fifty day moving average price is $42.12 and its 200 day moving average price is $43.63. KBR, Inc. has a 12-month low of $36.35 and a 12-month high of $56.78. The stock has a market capitalization of $4.63 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22.

KBR (NYSE:KBR) last released its earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.04. The firm 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 firm’s revenue for the quarter was down 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities research analysts forecast that KBR, Inc. will post 3.26 EPS for the current year.

KBR Dividend Announcement

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

Analyst Upgrades and Downgrades

KBR has been the topic of several recent analyst reports. Truist Financial cut their price target on shares of KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Oppenheimer started coverage on shares of KBR in a report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 price objective for the company. Zacks Research downgraded shares of KBR from a “hold” rating to a “strong sell” rating in a research report on Thursday. Citigroup cut their target price on shares of KBR from $57.00 to $53.00 and set a “buy” rating on the stock in a research note on Monday, January 26th. Finally, Wall Street Zen cut shares of KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $57.00.

About KBR

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.