Verition Fund Management LLC Boosts Stock Position in KBR, Inc. $KBR

Verition Fund Management LLC increased its holdings in KBR, Inc. (NYSE:KBR) by 6.1% during the 4th quarter, HoldingsChannel reports. The firm owned 789,472 shares of the construction company’s stock after buying an additional 45,239 shares during the period. Verition Fund Management LLC’s holdings in KBR were worth $31,737,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of KBR. Farther Finance Advisors LLC lifted its position in KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after purchasing an additional 289 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of KBR by 207.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after buying an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of KBR by 432.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after buying an additional 493 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of KBR in the 3rd quarter valued at about $32,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in KBR by 101,600.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock worth $48,000 after acquiring an additional 1,016 shares during the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

Analyst Upgrades and Downgrades

KBR has been the topic of a number of recent research reports. Citigroup decreased their price objective 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 decreased their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. UBS Group cut their price objective 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. Weiss Ratings downgraded shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Finally, Zacks Research raised shares of KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $53.25.

Insider Buying and Selling

In related news, Director Jack B. Moore purchased 4,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was bought at an average cost of $31.44 per share, with a total value of $125,760.00. Following the completion of the acquisition, the director owned 54,352 shares of the company’s stock, valued at $1,708,826.88. The trade was a 7.94% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Carlos A. Sabater purchased 14,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased 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 trade represents a 68.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 29,875 shares of company stock worth $945,160. Corporate insiders own 1.15% of the company’s stock.

KBR Stock Performance

Shares of KBR stock opened at $35.87 on Monday. 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 company has a market cap of $4.55 billion, a PE ratio of 11.46, a PEG ratio of 2.14 and a beta of 0.44. The business’s fifty day simple moving average is $35.03 and its 200-day simple moving average is $39.11. KBR, Inc. has a 12-month low of $29.94 and a 12-month high of $54.38.

KBR (NYSE:KBR) last posted its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.04. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. KBR had a net margin of 5.21% and a return on equity of 33.92%. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Analysts expect that KBR, Inc. will post 3.96 earnings per share for the current fiscal year.

KBR Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s dividend payout ratio (DPR) is currently 21.09%.

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.