Kingsview Wealth Management LLC lessened its holdings in shares of KBR, Inc. (NYSE:KBR – Free Report) by 8.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 173,485 shares of the construction company’s stock after selling 15,191 shares during the quarter. Kingsview Wealth Management LLC owned about 0.14% of KBR worth $6,974,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in KBR by 11.2% in the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock worth $4,073,000 after buying an additional 8,243 shares during the period. Goldman Sachs Group Inc. raised its holdings in KBR by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock valued at $31,247,000 after acquiring an additional 211,311 shares during the period. Empowered Funds LLC purchased a new stake in shares of KBR during the first quarter worth $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of KBR by 6.4% during 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 worth $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 worth $2,234,000 after acquiring an additional 22,957 shares during the period. Institutional investors own 97.02% of the company’s stock.
Insider Transactions at KBR
In other news, CFO Shad E. Evans purchased 8,375 shares of the stock in a transaction on Wednesday, May 13th. The shares were acquired at an average price of $30.60 per share, for a total transaction of $256,275.00. Following the completion of the transaction, the chief financial officer directly owned 43,725 shares of the company’s stock, valued at approximately $1,337,985. This trade represents a 23.69% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director Carlos A. Sabater purchased 14,500 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average cost of $32.47 per share, with a total value of $470,815.00. Following the purchase, the director owned 35,705 shares of the company’s stock, valued at approximately $1,159,341.35. The trade was a 68.38% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 29,875 shares of company stock worth $945,160 in the last three months. Insiders own 1.15% of the company’s stock.
KBR Trading Up 4.2%
KBR (NYSE:KBR – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.88 billion. KBR had a net margin of 5.21% and a return on equity of 33.92%. The business’s quarterly revenue was down 4.7% compared to the same quarter last year. 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. Sell-side analysts forecast that KBR, Inc. will post 3.96 earnings per share for the current fiscal year.
KBR Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s dividend payout ratio is currently 21.09%.
Key Stories Impacting KBR
Here are the key news stories impacting KBR this week:
- Positive Sentiment: KBR announced that NorSAF selected its proprietary PureSAF technology for what is expected to be Northern Europe’s largest SAF and e-SAF production plant. This is a meaningful business development that supports KBR’s clean-fuels growth story and could add to future licensing and engineering revenue. Article Title
- Positive Sentiment: Zacks Research raised some longer-term earnings estimates for KBR, including Q4 2026, FY2027, Q1 2028, and FY2028, suggesting confidence in the company’s multi-year earnings potential despite near-term trimming elsewhere.
- Neutral Sentiment: Zacks also cut several near- and mid-term EPS estimates, including Q2 2026, Q3 2026, Q1 2027, Q2 2027, Q3 2027, and FY2026. The firm kept a Hold rating, so this is more of a valuation/expectations reset than a major negative surprise. Article Title
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on KBR shares. UBS Group decreased their price target on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Wells Fargo & Company reduced their price objective on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Weiss Ratings lowered shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Finally, Citigroup cut their price target on shares of KBR from $53.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, KBR has a consensus rating of “Hold” and an average price target of $53.25.
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.
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