Huber Capital Management LLC Purchases 89,878 Shares of KBR, Inc. $KBR

Huber Capital Management LLC grew its holdings in shares of KBR, Inc. (NYSE:KBR) by 13.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 780,873 shares of the construction company’s stock after purchasing an additional 89,878 shares during the period. KBR comprises approximately 5.8% of Huber Capital Management LLC’s portfolio, making the stock its 2nd biggest holding. Huber Capital Management LLC’s holdings in KBR were worth $36,927,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. 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 purchasing an additional 401 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in KBR by 432.5% in the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock worth $29,000 after buying an additional 493 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of KBR by 98.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,228 shares of the construction company’s stock valued at $59,000 after buying an additional 608 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of KBR during the 3rd quarter valued at $70,000. Finally, Osaic Holdings Inc. boosted its stake in shares of KBR by 31.6% during the 2nd quarter. Osaic Holdings Inc. now owns 3,642 shares of the construction company’s stock worth $176,000 after acquiring an additional 875 shares in the last quarter. 97.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

KBR has been the topic of several research reports. Oppenheimer began coverage on KBR in a research report on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 target price on the stock. Citigroup reduced their price objective on KBR from $57.00 to $53.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Wall Street Zen cut shares of KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Weiss Ratings upgraded shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Finally, Wells Fargo & Company initiated coverage on KBR in a research report on Thursday, November 13th. They set an “equal weight” rating and a $45.00 target price on the stock. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $57.00.

KBR Price Performance

Shares of NYSE:KBR traded down $0.07 during trading on Friday, reaching $36.72. The stock had a trading volume of 41,979 shares, compared to its average volume of 1,419,786. KBR, Inc. has a 52 week low of $36.59 and a 52 week high of $56.78. The stock has a market capitalization of $4.64 billion, a PE ratio of 11.42, a P/E/G ratio of 2.22 and a beta of 0.50. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22. The business’s 50-day moving average price is $42.20 and its 200 day moving average price is $43.78.

KBR (NYSE:KBR) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.04. KBR had a net margin of 5.30% and a return on equity of 35.22%. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter in the previous year, the company posted $0.91 EPS. KBR’s revenue was down 10.6% 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 3.26 earnings per share for the current year.

KBR Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, March 13th. KBR’s dividend payout ratio (DPR) is 20.56%.

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.