Hsbc Holdings PLC Has $3.94 Million Holdings in KBR, Inc. $KBR

Hsbc Holdings PLC grew its position in shares of KBR, Inc. (NYSE:KBR) by 484.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 97,359 shares of the construction company’s stock after buying an additional 80,701 shares during the quarter. Hsbc Holdings PLC’s holdings in KBR were worth $3,936,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of 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 acquiring an additional 493 shares during the last quarter. Farther Finance Advisors LLC grew its position in 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 during the last quarter. FNY Investment Advisers LLC bought a new stake in KBR during the 3rd quarter worth approximately $32,000. Caitong International Asset Management Co. Ltd increased its holdings in 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, Northwestern Mutual Wealth Management Co. increased its holdings in KBR by 98.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,228 shares of the construction company’s stock valued at $59,000 after purchasing an additional 608 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Stock Performance

KBR stock opened at $33.37 on Monday. The company has a 50 day moving average price of $34.23 and a 200 day moving average price of $38.47. KBR, Inc. has a fifty-two week low of $29.94 and a fifty-two week high of $52.23. 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 stock has a market capitalization of $4.23 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 1.98 and a beta of 0.44.

KBR (NYSE:KBR) last announced its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.The business’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the company earned $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Analysts forecast that KBR, Inc. will post 3.98 EPS for the current year.

KBR Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders 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 dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s dividend payout ratio is 21.09%.

Wall Street Analyst Weigh In

KBR has been the topic of a number of recent analyst reports. Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. UBS Group lowered their target price on KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Wells Fargo & Company reduced their price target on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a report on Wednesday. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $53.25.

Insider Transactions at KBR

In other news, Director Jack B. Moore acquired 4,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average cost of $31.44 per share, for a total transaction of $125,760.00. Following the completion of the transaction, the director directly owned 54,352 shares in the company, valued at $1,708,826.88. This trade represents a 7.94% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Thaer Lewis Von acquired 3,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average price of $30.77 per share, with a total value of $92,310.00. Following the completion of the transaction, the director owned 10,358 shares of the company’s stock, valued at approximately $318,715.66. This trade represents a 40.77% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 29,875 shares of company stock worth $945,160 in the last ninety days. 1.15% of the stock is currently owned by 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.