Maverick Capital Ltd. Buys New Position in KBR, Inc. $KBR

Maverick Capital Ltd. purchased a new position in KBR, Inc. (NYSE:KBR) in the first quarter, Holdings Channel.com reports. The fund purchased 32,606 shares of the construction company’s stock, valued at approximately $1,202,000.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its position in KBR by 89.8% during 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 during the period. EverSource Wealth Advisors LLC lifted its position in shares of KBR by 432.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock worth $29,000 after purchasing an additional 493 shares during the period. Anchor Investment Management LLC boosted its stake in shares of KBR by 27.5% during the 1st quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock valued at $47,000 after purchasing an additional 275 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of KBR by 101,600.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock valued at $48,000 after purchasing an additional 1,016 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of KBR during the fourth quarter valued at about $51,000. Institutional investors own 97.02% of the company’s stock.

KBR Price Performance

KBR stock opened at $37.48 on Wednesday. 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 firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 1.99 and a beta of 0.44. The firm has a 50 day moving average price of $34.89 and a 200-day moving average price of $37.56. KBR, Inc. has a 52-week low of $29.94 and a 52-week high of $52.23.

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

KBR Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, June 15th. KBR’s payout ratio is currently 21.09%.

Insider Activity

In related news, Director Thaer Lewis Von acquired 3,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average price of $30.77 per share, for a total transaction of $92,310.00. Following the completion of 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 ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jack B. Moore bought 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average price of $31.44 per share, for a total transaction of $125,760.00. Following the acquisition, the director directly owned 54,352 shares of the company’s stock, valued at $1,708,826.88. The trade was a 7.94% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 29,875 shares of company stock worth $945,160. 1.15% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have commented on KBR. Wells Fargo & Company lowered their price objective on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Citigroup decreased their target price on KBR from $53.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Bank of America dropped their price target on KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Finally, UBS Group decreased their price objective on KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $52.62.

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.