KBR, Inc. $KBR Position Decreased by Geode Capital Management LLC

Geode Capital Management LLC cut its position in shares of KBR, Inc. (NYSE:KBR) by 1.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,276,599 shares of the construction company’s stock after selling 26,093 shares during the quarter. Geode Capital Management LLC owned 1.79% of KBR worth $91,538,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. lifted its stake in KBR by 207.8% during the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after buying an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in KBR by 432.5% during the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after buying an additional 493 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after buying an additional 289 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in KBR during the third quarter valued at about $32,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in KBR by 101,600.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock valued at $48,000 after buying an additional 1,016 shares in the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on KBR. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. UBS Group reduced their price objective on shares of KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Wells Fargo & Company reduced their price objective on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Weiss Ratings lowered shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Finally, Citigroup reduced their price objective on shares of KBR from $53.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, KBR has a consensus rating of “Hold” and an average price target of $53.25.

KBR Price Performance

NYSE KBR opened at $35.55 on Monday. The company has a 50 day simple moving average of $35.20 and a 200-day simple moving average of $39.29. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market capitalization of $4.51 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 2.12 and a beta of 0.44. KBR, Inc. has a 52-week low of $29.94 and a 52-week high of $54.38.

KBR (NYSE:KBR) last posted its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. KBR had a net margin of 5.21% and a return on equity of 33.92%. The firm’s revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities research analysts predict that KBR, Inc. will post 3.96 earnings per share for the current fiscal year.

KBR Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s dividend payout ratio is 21.09%.

Insider Buying and Selling at KBR

In other KBR news, CFO Shad E. Evans acquired 8,375 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average price of $30.60 per share, with a total value of $256,275.00. Following the completion of the transaction, the chief financial officer owned 43,725 shares in the company, valued at $1,337,985. The trade was a 23.69% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jack B. Moore acquired 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average cost of $31.44 per share, for a total transaction of $125,760.00. Following the transaction, the director owned 54,352 shares of the company’s stock, valued at approximately $1,708,826.88. This represents a 7.94% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 29,875 shares of company stock worth $945,160 in the last ninety days. Insiders own 1.15% of the company’s stock.

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.