Energy Income Partners LLC purchased a new position in KBR, Inc. (NYSE:KBR – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 315,800 shares of the construction company’s stock, valued at approximately $11,640,000.
A number of other institutional investors also recently modified their holdings of KBR. Farther Finance Advisors LLC increased its position in shares of KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after buying an additional 289 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in KBR by 432.5% in 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 during the period. Anchor Investment Management LLC boosted its position in KBR by 27.5% during the first quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock valued at $47,000 after acquiring an additional 275 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position 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 acquiring an additional 1,016 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in KBR during the 4th quarter worth about $51,000. 97.02% of the stock is owned by institutional investors.
Insider Transactions at KBR
In other news, Director Jack B. Moore purchased 4,000 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were acquired at an average price of $31.44 per share, for a total transaction of $125,760.00. Following the completion of the acquisition, the director owned 54,352 shares in the company, valued at approximately $1,708,826.88. The trade was a 7.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Carlos A. Sabater acquired 14,500 shares of KBR stock in a transaction on Tuesday, May 19th. The stock was purchased at an average cost of $32.47 per share, with a total value of $470,815.00. Following the purchase, the director directly owned 35,705 shares of the company’s stock, valued at approximately $1,159,341.35. This trade represents a 68.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 29,875 shares of company stock valued at $945,160 in the last 90 days. Corporate insiders own 1.15% of the company’s stock.
KBR Trading Down 0.3%
KBR (NYSE:KBR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.04. The firm had revenue of $1.92 billion for 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 business’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Analysts expect that KBR, Inc. will post 4 EPS for the current fiscal year.
KBR Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, June 15th were paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Monday, June 15th. KBR’s dividend payout ratio is 21.09%.
Analyst Ratings Changes
Several research analysts have recently weighed in on KBR shares. Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. Bank of America cut their target price on KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. UBS Group decreased their target price on 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 lowered their target price on KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Finally, Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, KBR presently has an average rating of “Hold” and an average price target of $52.62.
View Our Latest Analysis on KBR
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.
See Also
- Five stocks we like better than KBR
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Want to see what other hedge funds are holding KBR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KBR, Inc. (NYSE:KBR – Free Report).
Receive News & Ratings for KBR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBR and related companies with MarketBeat.com's FREE daily email newsletter.
