SG Americas Securities LLC Sells 82,807 Shares of KBR, Inc. $KBR

SG Americas Securities LLC trimmed its position in KBR, Inc. (NYSE:KBR) by 34.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 158,666 shares of the construction company’s stock after selling 82,807 shares during the period. SG Americas Securities LLC’s holdings in KBR were worth $5,848,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings in shares of KBR by 3.5% during the 4th quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock valued at $230,622,000 after buying an additional 192,383 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of 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 acquiring an additional 255,948 shares in the last quarter. Morgan Stanley lifted its position in KBR by 343.5% during the 4th quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock valued at $110,494,000 after acquiring an additional 2,128,895 shares during the period. Neuberger Berman Group LLC lifted its position in KBR by 12.4% during the 4th quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company’s stock valued at $104,046,000 after acquiring an additional 284,907 shares during the period. Finally, Snyder Capital Management L P boosted its stake in 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 worth $100,376,000 after acquiring an additional 34,495 shares in the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

KBR Trading Up 0.0%

Shares of KBR opened at $33.37 on Monday. The stock has a market capitalization of $4.23 billion, a P/E ratio of 10.66, a PEG ratio of 1.98 and a beta of 0.44. KBR, Inc. has a twelve month low of $29.94 and a twelve month high of $52.23. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.59. The firm has a fifty day simple moving average of $34.23 and a two-hundred day simple moving average of $38.47.

KBR (NYSE:KBR) last announced its earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. KBR had a return on equity of 33.92% and a net margin of 5.21%.The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter in the prior year, the company earned $1.01 earnings per share. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, research analysts anticipate that KBR, Inc. will post 3.98 EPS for the current year.

KBR Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be given a $0.165 dividend. 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 (DPR) is currently 21.09%.

Insider Activity at KBR

In related news, Director Carlos A. Sabater acquired 14,500 shares of the stock in a transaction on Tuesday, May 19th. The stock was acquired at an average cost of $32.47 per share, for a total transaction of $470,815.00. Following the completion of the acquisition, the director directly owned 35,705 shares of the company’s stock, valued at approximately $1,159,341.35. This represents a 68.38% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thaer Lewis Von acquired 3,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost 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 approximately $318,715.66. This represents a 40.77% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 29,875 shares of company stock worth $945,160. 1.15% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KBR. UBS Group decreased their target price on shares of KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Wells Fargo & Company dropped their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. Citigroup cut 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. Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, KBR presently has an average rating of “Hold” and an average target price of $53.25.

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.