KBR, Inc. $KBR Shares Acquired by Copeland Capital Management LLC

Copeland Capital Management LLC increased its stake in shares of KBR, Inc. (NYSE:KBR) by 4.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,368,892 shares of the construction company’s stock after acquiring an additional 57,162 shares during the period. Copeland Capital Management LLC’s holdings in KBR were worth $50,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in the stock. Invesco Ltd. grew its position in shares of KBR by 3.5% during the fourth quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock worth $230,622,000 after acquiring an additional 192,383 shares during the last quarter. Dimensional Fund Advisors LP grew its position in KBR by 10.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company’s stock worth $112,834,000 after purchasing an additional 255,948 shares during the last quarter. Morgan Stanley increased its stake in shares of KBR by 343.5% in the fourth quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock valued at $110,494,000 after purchasing an additional 2,128,895 shares during the period. Neuberger Berman Group LLC raised its holdings in shares of KBR by 12.4% during the fourth quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company’s stock valued at $104,046,000 after buying an additional 284,907 shares during the last quarter. Finally, Snyder Capital Management L P raised its holdings in shares of KBR by 1.4% during the fourth quarter. Snyder Capital Management L P now owns 2,496,913 shares of the construction company’s stock valued at $100,376,000 after buying an additional 34,495 shares during the last quarter. 97.02% of the stock is currently owned by institutional investors.

Insider Activity at KBR

In related news, Director Thaer Lewis Von bought 3,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was bought at an average price of $30.77 per share, for a total transaction of $92,310.00. Following the transaction, the director directly owned 10,358 shares in the company, valued at $318,715.66. This represents a 40.77% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Shad E. Evans bought 8,375 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $30.60 per share, with a total value of $256,275.00. Following the purchase, the chief financial officer directly 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 disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 29,875 shares of company stock worth $945,160 in the last 90 days. 1.15% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

KBR has been the topic of several analyst reports. Citigroup lowered their target price on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company lowered their target price on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of KBR in a research note on Wednesday, June 24th. UBS Group dropped their price target on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Finally, Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $53.25.

KBR Stock Performance

KBR stock opened at $35.13 on Friday. 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 has a market cap of $4.45 billion, a P/E ratio of 11.22, a price-to-earnings-growth ratio of 2.15 and a beta of 0.44. KBR, Inc. has a fifty-two week low of $29.94 and a fifty-two week high of $52.23. The firm’s 50 day simple moving average is $34.25 and its 200-day simple moving average is $37.84.

KBR (NYSE:KBR) last posted its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share 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 analysts’ expectations of $1.88 billion. KBR had a net margin of 5.21% and a return on equity of 33.92%. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities research analysts predict that KBR, Inc. will post 3.98 EPS for the current year.

KBR Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, June 15th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Monday, June 15th. KBR’s dividend payout ratio (DPR) is currently 21.09%.

KBR Profile

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.