Carlson Capital L.P. Invests $582,000 in KBR, Inc. $KBR

Carlson Capital L.P. bought a new position in KBR, Inc. (NYSE:KBR) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 15,800 shares of the construction company’s stock, valued at approximately $582,000.

Other hedge funds have also bought and sold shares of the company. Glenmede Trust Co. NA grew its holdings in KBR by 363.5% during the first quarter. Glenmede Trust Co. NA now owns 32,573 shares of the construction company’s stock valued at $1,201,000 after purchasing an additional 25,546 shares during the period. Edgestream Partners L.P. raised its stake in shares of KBR by 312.9% in the first quarter. Edgestream Partners L.P. now owns 112,321 shares of the construction company’s stock worth $4,140,000 after buying an additional 85,120 shares during the period. Amundi lifted its position in shares of KBR by 629.1% during the 1st quarter. Amundi now owns 129,524 shares of the construction company’s stock valued at $4,774,000 after buying an additional 111,760 shares in the last quarter. California State Teachers Retirement System lifted its position in shares of KBR by 22.2% during the 1st quarter. California State Teachers Retirement System now owns 149,698 shares of the construction company’s stock valued at $5,518,000 after buying an additional 27,191 shares in the last quarter. Finally, Rokos Capital Management LLP bought a new position in shares of KBR during the 1st quarter valued at approximately $2,576,000. Institutional investors own 97.02% of the company’s stock.

More KBR News

Here are the key news stories impacting KBR this week:

• Positive Sentiment: KBR reported adjusted earnings per share of $0.99 and revenue of $1.98 billion, exceeding analyst expectations of $0.90 and $1.89 billion, respectively. Adjusted EBITDA rose 7% to $258 million, while net income increased 32% year over year. KBR Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Sustainable Technology Solutions posted a record backlog of approximately $5.5 billion and a 1.5x book-to-bill ratio, supported by awards for ammonia, sustainable aviation fuel and e-fuels projects. Companywide backlog and options totaled $23.0 billion.
• Positive Sentiment: Management reaffirmed fiscal 2026 revenue guidance of roughly $7.9 billion to $8.36 billion and adjusted EPS guidance of $3.87 to $4.22, signaling confidence despite a mixed operating environment.
• Positive Sentiment: The planned separation of Mission Technology Solutions remains on track for January 4, 2027. KBR also introduced the planned independent company’s name, Trinzic, along with its branding. KBR Unveils Trinzic
• Positive Sentiment: Citigroup maintained a “buy” rating while lowering its price target modestly from $50 to $49, still implying substantial potential upside. Two reported insider purchases over the past six months also provide a supportive signal.
• Neutral Sentiment: Analyst and institutional positioning remains mixed: several large investors added KBR shares, while others—including Franklin Resources, Morgan Stanley and Boston Partners—reduced holdings.
• Negative Sentiment: Investors noted margin pressure in parts of the business, with the quarter’s consolidated net margin at 5.21%. The lower end of the EPS outlook is also below the current consensus estimate of approximately $3.97.

KBR Stock Performance

NYSE KBR opened at $36.63 on Friday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.15 and a quick ratio of 1.16. KBR, Inc. has a 1-year low of $29.94 and a 1-year high of $52.23. The business has a 50 day simple moving average of $35.07 and a two-hundred day simple moving average of $37.43. The stock has a market capitalization of $4.64 billion, a PE ratio of 11.03, a P/E/G ratio of 1.86 and a beta of 0.44.

KBR (NYSE:KBR) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.09. The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.87 billion. KBR had a return on equity of 32.55% and a net margin of 5.49%.The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, research analysts predict that KBR, Inc. will post 4 EPS for the current fiscal year.

KBR Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, June 15th were paid a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. KBR’s dividend payout ratio is presently 19.88%.

Insider Buying and Selling at KBR

In other KBR news, Director Carlos A. Sabater bought 14,500 shares of KBR stock in a transaction dated Tuesday, May 19th. The shares were purchased at an average cost of $32.47 per share, for a total transaction of $470,815.00. Following the acquisition, the director directly owned 35,705 shares in the company, valued at approximately $1,159,341.35. This represents a 68.38% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Thaer Lewis Von bought 3,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were acquired 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 represents a 40.77% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 29,875 shares of company stock worth $945,160 in the last ninety days. Company insiders own 1.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on KBR shares. Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th. Citigroup lowered their price target on shares of KBR from $50.00 to $49.00 and set a “buy” rating on the stock in a report on Friday. Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Wall Street Zen raised shares of KBR from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, UBS Group decreased their price objective on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $45.83.

KBR 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.