Nierenberg Investment Management Company LLC Acquires Shares of 386,443 KBR, Inc. $KBR

Nierenberg Investment Management Company LLC bought a new position in shares of KBR, Inc. (NYSE:KBR) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 386,443 shares of the construction company’s stock, valued at approximately $13,343,877,000. KBR accounts for 6.6% of Nierenberg Investment Management Company LLC’s portfolio, making the stock its 6th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of 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 purchasing an additional 8,243 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in KBR by 50.8% in the first quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock valued at $31,247,000 after purchasing an additional 211,311 shares during the last quarter. Empowered Funds LLC acquired a new position in KBR in the first quarter valued at about $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in KBR by 6.4% in 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 valued at $19,704,000 after buying an additional 23,738 shares during the period. Finally, American Century Companies Inc. boosted its holdings in KBR by 97.1% during the second quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock worth $2,234,000 after buying an additional 22,957 shares during the last quarter. Institutional investors own 97.02% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on KBR shares. Weiss Ratings restated a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. Citigroup cut their price target on shares of KBR from $50.00 to $49.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. UBS Group lifted their price objective on shares of KBR from $36.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Bank of America decreased their price objective on shares of KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, July 20th. Finally, Wall Street Zen raised shares of KBR from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $46.67.

KBR Stock Up 0.9%

NYSE:KBR opened at $37.96 on Thursday. KBR, Inc. has a 1 year low of $29.94 and a 1 year high of $52.23. The stock has a 50-day moving average price of $35.82 and a two-hundred day moving average price of $36.81. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 11.43, a PEG ratio of 2.04 and a beta of 0.44. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.52.

KBR (NYSE:KBR) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.09. KBR had a return on equity of 32.55% and a net margin of 5.49%.The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the firm posted $0.91 earnings per share. KBR’s revenue was up 1.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities analysts expect that KBR, Inc. will post 4 earnings per share for the current year.

KBR Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, September 15th. KBR’s dividend payout ratio (DPR) is 19.88%.

Key KBR News

Here are the key news stories impacting KBR this week:

• Positive Sentiment: KBR’s board declared a regular quarterly dividend of $0.165 per share, payable October 15, 2026, to shareholders of record on September 15. The payment signals continued confidence in the company’s cash generation and commitment to shareholder returns. At the reference share price, the dividend implies an annualized payout of approximately $0.66 per share. KBR Dividend Declaration
• Positive Sentiment: The accompanying data cited two recent open-market insider purchases, including a purchase by Chief Financial Officer Shad Evans. Insider buying can modestly improve investor sentiment, although it is not a guarantee of future performance. KBR Declares Quarterly Dividend
• Neutral Sentiment: Recent earnings momentum remains supportive: KBR previously reported quarterly earnings and revenue above analyst expectations and maintained fiscal 2026 EPS guidance of $3.87 to $4.22. However, the dividend announcement did not include new earnings guidance or operating updates.
• Neutral Sentiment: Multiple reports about one-way traffic restrictions around KBR Park in Hyderabad concern a public park and local traffic-management measures, not KBR, Inc. They should not affect the company’s stock or fundamentals. Traffic around KBR Park in Hyderabad

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.