Havemeyer Place LP Makes New $800,000 Investment in KBR, Inc. $KBR

Havemeyer Place LP acquired a new position in shares of KBR, Inc. (NYSE:KBR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 19,912 shares of the construction company’s stock, valued at approximately $800,000.

Several other large investors have also recently bought and sold shares of KBR. Envestnet Asset Management Inc. lifted its stake in shares of KBR by 105.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 120,842 shares of the construction company’s stock valued at $5,715,000 after purchasing an additional 61,983 shares during the period. Prescott Group Capital Management L.L.C. lifted its stake in shares of KBR by 140.4% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 186,330 shares of the construction company’s stock valued at $7,490,000 after purchasing an additional 108,830 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of KBR by 9.1% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,302,468 shares of the construction company’s stock valued at $108,850,000 after purchasing an additional 191,382 shares during the period. Tudor Investment Corp ET AL acquired a new position in shares of KBR in the 3rd quarter valued at $3,850,000. Finally, Moore Capital Management LP acquired a new position in shares of KBR in the 3rd quarter valued at $16,055,000. Institutional investors and hedge funds own 97.02% of the company’s stock.

Analyst Ratings Changes

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

KBR Stock Performance

Shares of KBR stock opened at $35.24 on Tuesday. The company has a market capitalization of $4.47 billion, a PE ratio of 11.26, a PEG ratio of 2.12 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 company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.59. The stock’s fifty day simple moving average is $35.16 and its 200 day simple moving average is $39.25.

KBR (NYSE:KBR) last issued its quarterly earnings data 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 business 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 firm’s revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, research analysts predict that KBR, Inc. will post 3.96 EPS for the current year.

KBR Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s dividend payout ratio (DPR) is presently 21.09%.

Insiders Place Their Bets

In other news, CFO Shad E. Evans bought 8,375 shares of the stock in a transaction on Wednesday, May 13th. The stock was 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 owned 43,725 shares in the company, valued at approximately $1,337,985. This trade represents a 23.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Jack B. Moore bought 4,000 shares of the stock in a transaction on Wednesday, May 20th. The shares were purchased at an average price of $31.44 per share, with a total value of $125,760.00. Following the acquisition, the director owned 54,352 shares in the company, valued at approximately $1,708,826.88. This represents a 7.94% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders acquired 29,875 shares of company stock worth $945,160. 1.15% of the stock is owned by corporate insiders.

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.