Tudor Investment Corp ET AL Buys New Position in KBR, Inc. $KBR

Tudor Investment Corp ET AL bought a new stake in shares of KBR, Inc. (NYSE:KBR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 81,410 shares of the construction company’s stock, valued at approximately $3,850,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KBR. Invesco Ltd. boosted its holdings in shares of 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 acquiring an additional 79,258 shares in the last quarter. Boston Partners raised its holdings in KBR by 25.6% during the second quarter. Boston Partners now owns 5,506,603 shares of the construction company’s stock worth $264,474,000 after purchasing an additional 1,122,076 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in KBR by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,550,767 shares of the construction company’s stock worth $120,621,000 after purchasing an additional 38,568 shares during the period. Snyder Capital Management L P boosted its stake in KBR by 19.0% during the 3rd quarter. Snyder Capital Management L P now owns 2,462,418 shares of the construction company’s stock valued at $116,448,000 after purchasing an additional 392,725 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in KBR by 9.1% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,302,468 shares of the construction company’s stock valued at $108,850,000 after purchasing an additional 191,382 shares in the last quarter. 97.02% of the stock is currently owned by institutional investors.

KBR Stock Performance

Shares of NYSE KBR opened at $37.51 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.68. The stock has a market capitalization of $4.74 billion, a price-to-earnings ratio of 11.68, a PEG ratio of 2.22 and a beta of 0.50. The stock’s fifty day simple moving average is $40.95 and its 200 day simple moving average is $42.86. KBR, Inc. has a 52-week low of $36.19 and a 52-week high of $56.78.

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

KBR Announces Dividend

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

Analyst Ratings Changes

A number of research firms have recently commented on KBR. Truist Financial dropped their price objective on KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Oppenheimer started coverage on KBR in a report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 target price on the stock. Zacks Research downgraded shares of KBR from a “hold” rating to a “strong sell” rating in a report on Thursday, March 12th. Weiss Ratings upgraded shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 11th. Finally, Wall Street Zen downgraded shares of KBR from a “buy” rating to a “hold” rating in a 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 issued a Sell rating to the stock. According to MarketBeat, KBR has a consensus rating of “Hold” and an average target price of $57.00.

KBR 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.