Royce & Associates LP Has $43.42 Million Position in KBR, Inc. $KBR

Royce & Associates LP grew its stake in KBR, Inc. (NYSE:KBR) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,080,201 shares of the construction company’s stock after purchasing an additional 23,851 shares during the period. Royce & Associates LP owned about 0.85% of KBR worth $43,424,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Public Employees Retirement System of Ohio boosted its stake in shares of KBR by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 40,133 shares of the construction company’s stock valued at $1,898,000 after purchasing an additional 249 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of KBR by 6.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,785 shares of the construction company’s stock valued at $227,000 after purchasing an additional 289 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of KBR by 89.8% in the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after purchasing an additional 289 shares in the last quarter. Truist Financial Corp boosted its stake in shares of KBR by 1.9% in the 4th quarter. Truist Financial Corp now owns 17,342 shares of the construction company’s stock valued at $697,000 after purchasing an additional 317 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of KBR by 27.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,561 shares of the construction company’s stock valued at $74,000 after purchasing an additional 333 shares in the last quarter. 97.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on KBR. Citigroup reduced their target price on shares of KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. UBS Group reduced their target price on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday. Wells Fargo & Company reduced their target price on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. Zacks Research raised shares of KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Finally, Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, KBR presently has a consensus rating of “Hold” and a consensus price target of $53.44.

Insider Activity

In other news, Director Carlos A. Sabater purchased 14,500 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were purchased 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. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Thaer Lewis Von purchased 3,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was purchased at an average price of $30.77 per share, for a total transaction of $92,310.00. Following the transaction, the director directly owned 10,358 shares in the company, valued at approximately $318,715.66. This trade represents a 40.77% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 29,875 shares of company stock worth $945,160 over the last quarter. Company insiders own 1.15% of the company’s stock.

KBR Stock Up 0.0%

Shares of NYSE KBR opened at $33.47 on Tuesday. The company has a market capitalization of $4.24 billion, a P/E ratio of 10.69, a price-to-earnings-growth ratio of 1.98 and a beta of 0.47. KBR, Inc. has a 52-week low of $29.94 and a 52-week high of $54.38. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.16 and a current ratio of 1.16. The company’s 50 day moving average price is $35.59 and its 200-day moving average price is $39.74.

KBR (NYSE:KBR) last issued its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. KBR had a net margin of 5.21% and a return on equity of 33.92%. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities analysts forecast that KBR, Inc. will post 4 earnings per share for the current year.

KBR Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be given a $0.165 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.0%. KBR’s payout ratio is 21.09%.

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.