State of Wyoming Increases Holdings in KBR, Inc. $KBR

State of Wyoming increased its stake in shares of KBR, Inc. (NYSE:KBR) by 39.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 51,051 shares of the construction company’s stock after acquiring an additional 14,454 shares during the quarter. State of Wyoming’s holdings in KBR were worth $2,052,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its position in KBR by 207.8% during the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock worth $28,000 after buying an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC lifted 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 buying an additional 493 shares in the last quarter. Farther Finance Advisors LLC lifted its position in KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after buying an additional 289 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in KBR in the third quarter valued at $32,000. Finally, Caitong International Asset Management Co. Ltd raised its position in KBR by 101,600.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock valued at $48,000 after purchasing an additional 1,016 shares during the period. Hedge funds and other institutional investors own 97.02% of the company’s stock.

Insider Transactions at KBR

In related news, Director Carlos A. Sabater bought 14,500 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased at an average cost of $32.47 per share, with a total value of $470,815.00. Following the purchase, the director directly owned 35,705 shares of the company’s stock, valued at $1,159,341.35. This trade represents a 68.38% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Shad E. Evans bought 8,375 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of $30.60 per share, with a total value of $256,275.00. Following the completion of the purchase, the chief financial officer directly owned 43,725 shares in the company, valued at $1,337,985. This represents a 23.69% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 29,875 shares of company stock worth $945,160 over the last quarter. 1.15% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on KBR shares. Wells Fargo & Company reduced their target price 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. UBS Group reduced their target price on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Zacks Research upgraded KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Citigroup reduced their target price on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Finally, Weiss Ratings downgraded KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 27th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $53.25.

KBR Price Performance

KBR stock opened at $35.77 on Thursday. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.59. The company has a market capitalization of $4.53 billion, a PE ratio of 11.43, a P/E/G ratio of 2.13 and a beta of 0.44. KBR, Inc. has a 12-month low of $29.94 and a 12-month high of $54.38. The business’s fifty day moving average price is $35.28 and its 200 day moving average price is $39.37.

KBR (NYSE:KBR) last posted its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.04. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.The company’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, sell-side analysts anticipate that KBR, Inc. will post 3.96 EPS for the current year.

KBR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, June 15th. KBR’s payout ratio is currently 21.09%.

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.