KBR, Inc. $KBR Stock Position Lessened by Lone Peak Global Investors LLC

Lone Peak Global Investors LLC reduced its stake in shares of KBR, Inc. (NYSE:KBR) by 3.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 566,594 shares of the construction company’s stock after selling 17,778 shares during the quarter. KBR comprises about 2.7% of Lone Peak Global Investors LLC’s investment portfolio, making the stock its 17th largest holding. Lone Peak Global Investors LLC owned 0.45% of KBR worth $19,564,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of KBR. Royal Bank of Canada increased its stake in KBR by 11.2% during the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock valued at $4,073,000 after buying an additional 8,243 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of KBR by 50.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock worth $31,247,000 after acquiring an additional 211,311 shares during the period. Empowered Funds LLC acquired a new stake in shares of KBR in the 1st quarter worth approximately $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of KBR by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock valued at $19,704,000 after acquiring an additional 23,738 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of KBR by 97.1% in the second quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock valued at $2,234,000 after acquiring an additional 22,957 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Trading Down 1.6%

Shares of NYSE:KBR opened at $36.89 on Wednesday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 11.11, 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. The company has a 50 day moving average price of $36.50 and a 200 day moving average price of $36.50.

KBR (NYSE:KBR) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.09. KBR had a return on equity of 32.55% and a net margin of 5.49%.The company had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the prior year, the company earned $0.91 earnings per share. The firm’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, research analysts anticipate that KBR, Inc. will post 4.01 EPS for the current fiscal year.

KBR Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 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 19.88%.

Analyst Upgrades and Downgrades

KBR has been the subject of a number of research analyst reports. Wall Street Zen upgraded KBR from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. UBS Group lifted their price target on KBR from $36.00 to $41.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a research note on Wednesday, June 24th. Citigroup cut their price objective on KBR from $50.00 to $49.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, Bank of America lowered their target price on KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Three research 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. According to MarketBeat.com, KBR currently has an average rating of “Hold” and an average 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.