Copeland Capital Management LLC Grows Position in KBR, Inc. $KBR

Copeland Capital Management LLC raised its holdings in shares of KBR, Inc. (NYSE:KBR) by 84.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,311,730 shares of the construction company’s stock after acquiring an additional 599,823 shares during the quarter. Copeland Capital Management LLC’s holdings in KBR were worth $52,732,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its holdings in KBR by 207.8% during the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after purchasing an additional 401 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in KBR by 432.5% during 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 during the last quarter. Farther Finance Advisors LLC lifted its holdings in KBR by 89.8% during the fourth 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 during the last quarter. FNY Investment Advisers LLC purchased a new stake in KBR during the third quarter valued at about $32,000. Finally, Caitong International Asset Management Co. Ltd lifted 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 valued at $48,000 after purchasing an additional 1,016 shares during the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Citigroup dropped their price objective on shares of KBR from $57.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Zacks Research raised shares of KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Wells Fargo & Company lowered 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. Weiss Ratings downgraded shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Finally, Wall Street Zen downgraded shares of KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $56.50.

KBR Trading Down 2.1%

Shares of KBR stock opened at $35.23 on Friday. KBR, Inc. has a 12-month low of $34.87 and a 12-month high of $56.78. The company has a market cap of $4.47 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 2.12 and a beta of 0.49. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.68. The company’s 50-day moving average price is $38.46 and its 200-day moving average price is $41.27.

KBR (NYSE:KBR) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.04. KBR had a net margin of 5.30% and a return on equity of 35.22%. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The company’s revenue for the quarter was down 10.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities analysts expect that KBR, Inc. will post 4.01 earnings per share for the current fiscal year.

KBR Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, March 13th. KBR’s dividend payout ratio is presently 20.56%.

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.