Edgestream Partners L.P. Raises Stock Holdings in KBR, Inc. $KBR

Edgestream Partners L.P. increased its stake in KBR, Inc. (NYSE:KBR) by 312.9% during the 1st quarter, Holdings Channel reports. The firm owned 112,321 shares of the construction company’s stock after purchasing an additional 85,120 shares during the quarter. Edgestream Partners L.P.’s holdings in KBR were worth $4,140,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Royal Bank of Canada lifted its position in KBR by 11.2% during the first quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock valued at $4,073,000 after purchasing an additional 8,243 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings 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 buying an additional 211,311 shares during the last quarter. Empowered Funds LLC bought a new position in shares of KBR in the 1st quarter worth $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of KBR by 6.4% during the 1st 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 buying an additional 23,738 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of KBR by 97.1% during the 2nd quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock valued at $2,234,000 after buying an additional 22,957 shares in the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.

Key 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.

Insider Buying and Selling

In related news, Director Jack B. Moore purchased 4,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were acquired at an average cost of $31.44 per share, with a total value of $125,760.00. Following the purchase, the director directly owned 54,352 shares of the company’s stock, valued at approximately $1,708,826.88. This trade represents a 7.94% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Shad E. Evans acquired 8,375 shares of the stock in a transaction on Wednesday, May 13th. The stock was bought at an average price of $30.60 per share, with a total value of $256,275.00. Following the transaction, the chief financial officer directly owned 43,725 shares of the company’s stock, valued at approximately $1,337,985. The trade was a 23.69% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 29,875 shares of company stock valued at $945,160 in the last 90 days. 1.15% of the stock is owned by insiders.

KBR Stock Performance

KBR stock opened at $36.63 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.15 and a debt-to-equity ratio of 1.52. The company 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. The firm has a fifty day simple moving average of $35.07 and a two-hundred day simple moving average of $37.43. KBR, Inc. has a twelve month low of $29.94 and a twelve month high of $52.23.

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 net margin of 5.49% and a return on equity of 32.55%. The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The company’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. Research analysts expect that KBR, Inc. will post 4 EPS for the current year.

KBR Dividend Announcement

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

Analyst Ratings Changes

Several brokerages recently issued reports on KBR. UBS Group cut their target price on shares of KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Wall Street Zen raised KBR from a “hold” rating to a “buy” rating in a research note on Saturday. Wells Fargo & Company lowered their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. Bank of America dropped their price target on KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th. Three equities 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $45.83.

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.