Hsbc Holdings PLC Takes $3.72 Million Position in KBR, Inc. $KBR

Hsbc Holdings PLC purchased a new position in shares of KBR, Inc. (NYSE:KBR) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 108,381 shares of the construction company’s stock, valued at approximately $3,722,000.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in KBR by 11.2% during the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock worth $4,073,000 after acquiring an additional 8,243 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of KBR by 50.8% during the first quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock worth $31,247,000 after purchasing an additional 211,311 shares during the period. Empowered Funds LLC bought a new stake in shares of KBR in the first quarter worth $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in KBR by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock valued at $19,704,000 after purchasing an additional 23,738 shares during the period. Finally, American Century Companies Inc. lifted its holdings in KBR by 97.1% during the 2nd quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock worth $2,234,000 after buying an additional 22,957 shares during the period. Institutional investors own 97.02% of the company’s stock.

KBR Trading Down 0.4%

Shares of KBR stock opened at $38.02 on Friday. The stock has a market capitalization of $4.79 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 2.05 and a beta of 0.44. KBR, Inc. has a 52 week low of $29.94 and a 52 week high of $52.23. The stock has a 50 day moving average price of $36.32 and a two-hundred day moving average price of $36.63. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.15 and a current ratio of 1.15.

KBR (NYSE:KBR) last issued its earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.09. KBR had a return on equity of 32.55% and a net margin of 5.49%.The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the prior year, the firm earned $0.91 earnings per share. KBR’s revenue for the quarter was up 1.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities analysts anticipate that KBR, Inc. will post 4.01 earnings per share for the current fiscal year.

KBR Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on KBR shares. UBS Group increased their price target on KBR from $36.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Citigroup decreased their target price on shares of KBR from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Bank of America dropped their price target on shares of KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a research note on Wednesday, June 24th. Finally, Wall Street Zen upgraded shares of KBR from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, KBR presently has an average rating of “Hold” and a consensus price target of $46.67.

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.