Alberta Investment Management Corp Buys Shares of 756,481 KBR, Inc. $KBR

Alberta Investment Management Corp bought a new stake in shares of KBR, Inc. (NYSE:KBR) in the fourth quarter, Holdings Channel reports. The firm bought 756,481 shares of the construction company’s stock, valued at approximately $30,411,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of KBR by 89.8% during the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after purchasing an additional 289 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of KBR by 432.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after purchasing an additional 493 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of KBR during the 3rd quarter valued at $32,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of KBR by 101,600.0% during the 3rd 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 in the last quarter. Finally, Clearstead Advisors LLC raised its holdings in shares of KBR by 220.1% during the 4th quarter. Clearstead Advisors LLC now owns 1,479 shares of the construction company’s stock valued at $59,000 after purchasing an additional 1,017 shares in the last quarter. Institutional investors own 97.02% of the company’s stock.

KBR Stock Performance

Shares of KBR opened at $34.75 on Tuesday. The company has a market capitalization of $4.41 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 2.14 and a beta of 0.44. KBR, Inc. has a one year low of $29.94 and a one year high of $53.96. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 1.16. The company’s fifty day moving average price is $34.97 and its 200 day moving average price is $39.07.

KBR (NYSE:KBR) last announced its earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, topping 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 net margin of 5.21% and a return on equity of 33.92%. The business’s quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, analysts expect that KBR, Inc. will post 3.96 earnings per share for the current year.

KBR Dividend Announcement

The company also recently announced 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 yield of 1.9%. The ex-dividend date is Monday, June 15th. KBR’s dividend payout ratio (DPR) is 21.09%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. UBS Group cut their price target on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Wells Fargo & Company cut their price target on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Finally, Weiss Ratings downgraded shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, KBR has a consensus rating of “Hold” and a consensus price target of $53.25.

Insider Activity

In other news, CFO Shad E. Evans bought 8,375 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average price of $30.60 per share, for a total transaction of $256,275.00. Following the acquisition, the chief financial officer directly owned 43,725 shares of the company’s stock, valued at $1,337,985. The trade was a 23.69% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Carlos A. Sabater bought 14,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased at an average price of $32.47 per share, for a total transaction of $470,815.00. Following the acquisition, the director directly owned 35,705 shares in the company, valued at approximately $1,159,341.35. This trade represents a 68.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 29,875 shares of company stock worth $945,160. Insiders own 1.15% of the company’s stock.

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.