The Manufacturers Life Insurance Company Purchases Shares of 88,160 KBR, Inc. $KBR

The Manufacturers Life Insurance Company acquired a new stake 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 institutional investor acquired 88,160 shares of the construction company’s stock, valued at approximately $3,044,000.

Several other large investors have also modified their holdings of KBR. Farther Finance Advisors LLC boosted its position in shares of KBR by 89.8% in the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after acquiring an additional 289 shares during the last quarter. Allworth Financial LP acquired a new position in KBR during the second quarter worth approximately $27,000. EverSource Wealth Advisors LLC increased its position in KBR by 432.5% during the second 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 last quarter. Anchor Investment Management LLC raised its stake in KBR by 27.5% during the first quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock worth $47,000 after purchasing an additional 275 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its stake in KBR by 101,600.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock worth $48,000 after purchasing an additional 1,016 shares during the period. 97.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on KBR. Wall Street Zen upgraded shares of KBR from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. UBS Group increased their target price on KBR from $36.00 to $41.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. Citigroup lowered their price target on KBR from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Friday, July 31st. 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 restated a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, KBR presently has a consensus rating of “Hold” and an average price target of $46.67.

KBR Stock Down 1.6%

Shares of NYSE:KBR opened at $36.89 on Wednesday. The company has a market capitalization of $4.65 billion, a price-to-earnings ratio of 11.11, a price-to-earnings-growth ratio of 2.02 and a beta of 0.44. The company has a 50 day moving average of $36.50 and a two-hundred day moving average of $36.50. KBR, Inc. has a 52-week low of $29.94 and a 52-week high of $52.23. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.52.

KBR (NYSE:KBR) last posted its 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. The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.87 billion. KBR had a net margin of 5.49% and a return on equity of 32.55%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, analysts forecast that KBR, Inc. will post 4.01 earnings per share for the current fiscal year.

KBR Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, September 15th. KBR’s dividend payout ratio is presently 19.88%.

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.