Dimensional Fund Advisors LP Sells 145,259 Shares of KBR, Inc. $KBR

Dimensional Fund Advisors LP lessened its stake in KBR, Inc. (NYSE:KBR) by 5.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,661,456 shares of the construction company’s stock after selling 145,259 shares during the period. Dimensional Fund Advisors LP’s holdings in KBR were worth $98,092,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Invesco Ltd. raised its position in KBR by 3.5% during the fourth quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock valued at $230,622,000 after purchasing an additional 192,383 shares in the last quarter. Morgan Stanley raised its holdings in KBR by 343.5% during the 4th quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock valued at $110,494,000 after buying an additional 2,128,895 shares during the last quarter. Neuberger Berman Group LLC boosted its holdings in shares of KBR by 12.4% during the fourth quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company’s stock worth $104,046,000 after purchasing an additional 284,907 shares during the period. Snyder Capital Management L P lifted its holdings in KBR by 1.4% in the 4th quarter. Snyder Capital Management L P now owns 2,496,913 shares of the construction company’s stock worth $100,376,000 after buying an additional 34,495 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in KBR by 3.6% in the fourth quarter. Wellington Management Group LLP now owns 2,046,001 shares of the construction company’s stock valued at $82,249,000 after acquiring an additional 71,674 shares in the last quarter. Institutional investors own 97.02% of the company’s stock.

KBR Trading Down 4.0%

Shares of KBR stock opened at $35.92 on Thursday. 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 fifty day moving average price of $34.96 and a 200-day moving average price of $37.51. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 11.48, a PEG ratio of 2.02 and a beta of 0.44. KBR, Inc. has a 1 year low of $29.94 and a 1 year high of $52.23.

KBR (NYSE:KBR) last posted its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. KBR had a return on equity of 33.92% and a net margin of 5.21%.The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period in the previous year, the firm earned $1.01 EPS. The business’s quarterly revenue was down 4.7% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities analysts predict that KBR, Inc. will post 4 earnings per share for the current year.

KBR Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th were issued a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. KBR’s dividend payout ratio (DPR) is currently 21.09%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on KBR shares. Zacks Research upgraded KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. UBS Group decreased their price target 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. Citigroup lowered their price objective on KBR from $53.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Wells Fargo & Company cut their target price on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Finally, Bank of America reduced their price target on shares of KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $52.62.

Insiders Place Their Bets

In other KBR news, Director Thaer Lewis Von purchased 3,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average cost of $30.77 per share, with a total value of $92,310.00. Following the acquisition, the director owned 10,358 shares in the company, valued at approximately $318,715.66. This trade represents a 40.77% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Shad E. Evans bought 8,375 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $30.60 per share, for a total transaction of $256,275.00. Following the acquisition, the chief financial officer directly owned 43,725 shares of the company’s stock, valued at approximately $1,337,985. This represents a 23.69% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 29,875 shares of company stock worth $945,160 over the last quarter. Company insiders own 1.15% of the company’s stock.

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.