54,627 Shares in KBR, Inc. $KBR Bought by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC acquired a new stake in shares of KBR, Inc. (NYSE:KBR) in the second quarter, HoldingsChannel reports. The fund acquired 54,627 shares of the construction company’s stock, valued at approximately $1,886,000.

Several other hedge funds also recently bought and sold shares of KBR. BlackRock Inc. acquired a new stake in shares of KBR during the 2nd quarter valued at about $479,892,000. Invesco Ltd. increased its holdings in KBR by 3.5% in the fourth quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock worth $230,622,000 after buying an additional 192,383 shares during the last quarter. Dimensional Fund Advisors LP raised its position in KBR by 10.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company’s stock valued at $112,834,000 after acquiring an additional 255,948 shares in the last quarter. Morgan Stanley lifted its stake in KBR by 343.5% in the fourth quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock valued at $110,494,000 after acquiring an additional 2,128,895 shares during the last quarter. Finally, Neuberger Berman Group LLC lifted its stake in KBR by 12.4% in the fourth quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company’s stock valued at $104,046,000 after acquiring an additional 284,907 shares during the last quarter. 97.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KBR has been the topic of several analyst reports. Citigroup dropped their price target on shares of KBR from $50.00 to $49.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of KBR in a research note on Wednesday, June 24th. 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. Wall Street Zen raised shares of KBR from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, UBS Group raised their target price on KBR from $36.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, KBR currently has an average rating of “Hold” and an average target price of $46.67.

KBR Price Performance

NYSE KBR opened at $38.18 on Friday. KBR, Inc. has a 1 year low of $29.94 and a 1 year high of $52.23. The company has a fifty day simple moving average of $36.22 and a 200 day simple moving average of $36.62. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.52. The company has a market cap of $4.81 billion, a P/E ratio of 11.50, a P/E/G ratio of 2.05 and a beta of 0.44.

KBR (NYSE:KBR) last announced its earnings results on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.90 by $0.09. The firm had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.87 billion. KBR had a net margin of 5.49% and a return on equity of 32.55%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, sell-side analysts predict that KBR, Inc. will post 4.01 EPS for the current year.

KBR Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.7%. KBR’s payout ratio is presently 19.88%.

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.