Equitable Holdings Inc. Makes New $541,000 Investment in KBR, Inc. $KBR

Equitable Holdings Inc. acquired a new position in shares of KBR, Inc. (NYSE:KBR) in the 2nd quarter, HoldingsChannel reports. The fund acquired 15,669 shares of the construction company’s stock, valued at approximately $541,000.

A number of other hedge funds have also made changes to their positions in KBR. Farther Finance Advisors LLC raised its position 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 worth $25,000 after acquiring an additional 289 shares in the last quarter. Allworth Financial LP acquired a new position in KBR in the second quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in KBR by 432.5% in the second 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. Anchor Investment Management LLC increased its stake in KBR by 27.5% in the first quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock valued at $47,000 after purchasing an additional 275 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its holdings 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 in the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

KBR Price Performance

Shares of NYSE KBR opened at $38.02 on Friday. The stock has a market cap of $4.79 billion, a P/E ratio of 11.45, a P/E/G ratio of 2.05 and a beta of 0.44. KBR, Inc. has a twelve month low of $29.94 and a twelve month high of $52.23. The stock has a 50 day moving average of $36.32 and a two-hundred day moving average of $36.63. 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, beating the consensus estimate of $0.90 by $0.09. The firm had revenue of $1.98 billion during 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%. KBR’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, research analysts forecast that KBR, Inc. will post 4.01 earnings per share for the current year.

KBR Dividend Announcement

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

Analyst Upgrades and Downgrades

KBR has been the subject of several research analyst reports. Wall Street Zen upgraded shares of KBR from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Bank of America reduced their price target on shares of KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Weiss Ratings restated a “sell (d+)” rating on shares of KBR in a research note on Wednesday, June 24th. Citigroup dropped their price objective on KBR from $50.00 to $49.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Finally, UBS Group lifted 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. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $46.67.

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.