KBR, Inc. $KBR Shares Bought by State of Wyoming

State of Wyoming raised its holdings in KBR, Inc. (NYSE:KBRFree Report) by 39.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,051 shares of the construction company’s stock after purchasing an additional 14,454 shares during the period. State of Wyoming’s holdings in KBR were worth $2,052,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Invesco Ltd. grew its holdings in KBR by 1.5% in the third quarter. Invesco Ltd. now owns 5,544,490 shares of the construction company’s stock valued at $262,199,000 after purchasing an additional 79,258 shares during the period. Dimensional Fund Advisors LP grew its holdings in KBR by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,550,767 shares of the construction company’s stock valued at $120,621,000 after purchasing an additional 38,568 shares during the period. Snyder Capital Management L P grew its holdings in KBR by 19.0% in the third quarter. Snyder Capital Management L P now owns 2,462,418 shares of the construction company’s stock valued at $116,448,000 after purchasing an additional 392,725 shares during the period. Neuberger Berman Group LLC grew its holdings in KBR by 9.1% in the third 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. Finally, Van ECK Associates Corp grew its holdings in KBR by 4.7% in the third quarter. Van ECK Associates Corp now owns 2,133,428 shares of the construction company’s stock valued at $100,890,000 after purchasing an additional 96,188 shares during the period. 97.02% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at KBR

In related news, Director Thaer Lewis Von acquired 3,000 shares of KBR stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average price of $30.77 per share, for a total transaction of $92,310.00. Following the completion of the transaction, the director owned 10,358 shares in the company, valued at $318,715.66. This represents a 40.77% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Carlos A. Sabater acquired 14,500 shares of KBR stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average price of $32.47 per share, for a total transaction of $470,815.00. Following the transaction, the director owned 35,705 shares of the company’s stock, valued at $1,159,341.35. This represents a 68.38% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders bought 29,875 shares of company stock valued at $945,160. Insiders own 1.15% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on KBR. UBS Group dropped their price objective on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Wells Fargo & Company dropped their price objective on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Citigroup lowered their price target on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $53.25.

Read Our Latest Stock Report on KBR

KBR Stock Performance

Shares of NYSE:KBR opened at $35.77 on Thursday. 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 business’s 50 day moving average price is $35.28 and its 200-day moving average price is $39.37. The firm has a market capitalization of $4.53 billion, a PE ratio of 11.43, a P/E/G ratio of 2.13 and a beta of 0.44. KBR, Inc. has a 1 year low of $29.94 and a 1 year high of $54.38.

KBR (NYSE:KBRGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, topping 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 revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities research analysts expect that KBR, Inc. will post 3.96 earnings per share for the current fiscal 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 $0.165 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.8%. KBR’s payout ratio is currently 21.09%.

KBR Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for KBR (NYSE:KBR)

Receive News & Ratings for KBR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBR and related companies with MarketBeat.com's FREE daily email newsletter.