Public Employees Retirement System of Ohio Invests $1.24 Million in KBR, Inc. $KBR

Public Employees Retirement System of Ohio purchased a new stake in KBR, Inc. (NYSE:KBR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 35,763 shares of the construction company’s stock, valued at approximately $1,235,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Prescott Group Capital Management L.L.C. increased its stake in shares of KBR by 140.4% during the 4th quarter. Prescott Group Capital Management L.L.C. now owns 186,330 shares of the construction company’s stock worth $7,490,000 after purchasing an additional 108,830 shares during the last quarter. Huber Capital Management LLC lifted its stake in shares of KBR by 18.1% in the 4th quarter. Huber Capital Management LLC now owns 922,460 shares of the construction company’s stock valued at $37,083,000 after purchasing an additional 141,587 shares during the last quarter. Energy Income Partners LLC bought a new stake in KBR in the second quarter worth $6,704,000. New Age Alpha Advisors LLC bought a new stake in KBR in the fourth quarter worth $4,813,000. Finally, Nierenberg Investment Management Company LLC acquired a new position in KBR during the second quarter worth $13,343,877. Institutional investors own 97.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on KBR. Bank of America reduced their price target on KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. UBS Group raised their price objective on KBR from $36.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Weiss Ratings upgraded KBR from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, September 3rd. Citigroup decreased their target price on KBR from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, Wall Street Zen raised shares of KBR from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $46.67.

KBR Trading Up 0.5%

Shares of NYSE:KBR opened at $37.01 on Wednesday. The company has a market cap of $4.67 billion, a P/E ratio of 11.15, a P/E/G ratio of 1.99 and a beta of 0.44. The stock’s 50-day moving average is $36.85 and its 200-day moving average is $36.35. KBR, Inc. has a 52-week low of $29.94 and a 52-week high of $52.23. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.15 and a current ratio of 1.15.

KBR (NYSE:KBR) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.09. KBR had a return on equity of 32.55% and a net margin of 5.49%.The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the company posted $0.91 earnings per share. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities research analysts predict that KBR, Inc. will post 4.01 earnings per share for the current year.

KBR Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.165 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.8%. KBR’s payout ratio is 19.88%.

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.