Moore Capital Management LP Makes New $16.06 Million Investment in KBR, Inc. $KBR

Moore Capital Management LP acquired a new position in KBR, Inc. (NYSE:KBR) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 339,511 shares of the construction company’s stock, valued at approximately $16,055,000.

Several other institutional investors and hedge funds also recently made changes to their positions in KBR. Norges Bank acquired a new stake in KBR during the second quarter worth approximately $92,565,000. Wellington Management Group LLP lifted its stake in KBR by 1,611.4% in the third quarter. Wellington Management Group LLP now owns 1,974,327 shares of the construction company’s stock valued at $93,366,000 after buying an additional 1,858,961 shares during the period. Boston Partners boosted its holdings in shares of KBR by 25.6% during the 2nd quarter. Boston Partners now owns 5,506,603 shares of the construction company’s stock worth $264,474,000 after buying an additional 1,122,076 shares in the last quarter. Copeland Capital Management LLC bought a new position in shares of KBR during the 3rd quarter worth approximately $33,666,000. Finally, Invesco Ltd. grew its position in shares of KBR by 11.0% during the 2nd quarter. Invesco Ltd. now owns 5,465,232 shares of the construction company’s stock worth $262,003,000 after buying an additional 539,565 shares during the period. Institutional investors own 97.02% of the company’s stock.

KBR Stock Down 0.3%

Shares of NYSE:KBR opened at $36.54 on Tuesday. The business’s 50 day moving average is $41.99 and its 200 day moving average is $43.47. KBR, Inc. has a 12-month low of $36.33 and a 12-month high of $56.78. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 2.16 and a beta of 0.50. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.68.

KBR (NYSE:KBR) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. KBR had a return on equity of 35.22% and a net margin of 5.30%.The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the firm posted $0.91 EPS. KBR’s quarterly revenue was down 10.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, sell-side analysts forecast that KBR, Inc. will post 3.26 earnings per share for the current fiscal year.

KBR Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, March 13th. KBR’s dividend payout ratio (DPR) is presently 20.56%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on KBR. Wall Street Zen downgraded shares of KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Oppenheimer initiated coverage on shares of KBR in a report on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 price target for the company. Citigroup dropped their price objective on shares of KBR from $57.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Zacks Research cut shares of KBR from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 12th. Finally, Weiss Ratings upgraded KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, March 11th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, KBR presently has a consensus rating of “Hold” and a consensus price target of $57.00.

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.