Old West Investment Management LLC Makes New $975,000 Investment in KBR, Inc. $KBR

Old West Investment Management LLC acquired a new stake in shares of KBR, Inc. (NYSE:KBR) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 28,248 shares of the construction company’s stock, valued at approximately $975,000.

Several other institutional investors and hedge funds have also modified their holdings of KBR. Invesco Ltd. grew its holdings in KBR by 3.5% during the fourth quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock worth $230,622,000 after acquiring an additional 192,383 shares during the period. Dimensional Fund Advisors LP lifted its holdings in KBR by 10.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company’s stock valued at $112,834,000 after acquiring an additional 255,948 shares during the period. Morgan Stanley boosted its position in KBR by 343.5% in the 4th quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock worth $110,494,000 after purchasing an additional 2,128,895 shares in the last quarter. Neuberger Berman Group LLC boosted its position in KBR by 12.4% in the 4th 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 in the last quarter. Finally, Snyder Capital Management L P grew its stake in shares of KBR by 1.4% during 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 purchasing an additional 34,495 shares during the period. Institutional investors and hedge funds own 97.02% of the company’s stock.

Insiders Place Their Bets

In related news, Director Jack B. Moore acquired 4,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were acquired at an average cost of $31.44 per share, with a total value of $125,760.00. Following the completion of the acquisition, the director directly owned 54,352 shares in the company, valued at approximately $1,708,826.88. This trade represents a 7.94% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Carlos A. Sabater bought 14,500 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was bought at an average price of $32.47 per share, for a total transaction of $470,815.00. Following the transaction, the director 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.15% of the company’s stock.

KBR Stock Up 0.2%

KBR stock opened at $38.45 on Monday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $4.85 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 2.08 and a beta of 0.44. The business has a 50 day simple moving average of $35.65 and a 200-day simple moving average of $36.92. KBR, Inc. has a 12 month low of $29.94 and a 12 month high of $52.23.

KBR (NYSE:KBR) last announced its earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the firm posted $0.91 EPS. The business’s revenue was up 1.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, analysts anticipate that KBR, Inc. will post 4 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on KBR shares. Bank of America cut their target price on shares of KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, July 20th. Weiss Ratings restated a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. UBS Group lifted their price objective on shares of KBR from $36.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Citigroup decreased their price objective on shares of 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 note on Saturday, August 1st. Three 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 company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $46.67.

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.