Quantbot Technologies LP Takes $2.49 Million Position in KBR, Inc. $KBR

Quantbot Technologies LP bought a new position in shares of KBR, Inc. (NYSE:KBR) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 52,630 shares of the construction company’s stock, valued at approximately $2,489,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KBR. Boston Partners lifted its position in shares of KBR by 25.6% in the 2nd quarter. Boston Partners now owns 5,506,603 shares of the construction company’s stock worth $264,474,000 after acquiring an additional 1,122,076 shares during the period. Invesco Ltd. raised its stake in shares of KBR by 11.0% in the second quarter. Invesco Ltd. now owns 5,465,232 shares of the construction company’s stock valued at $262,003,000 after purchasing an additional 539,565 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in KBR by 8.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,090,874 shares of the construction company’s stock worth $196,116,000 after purchasing an additional 308,268 shares during the period. Franklin Resources Inc. boosted its stake in KBR by 17.8% during the second quarter. Franklin Resources Inc. now owns 3,419,468 shares of the construction company’s stock worth $163,929,000 after buying an additional 517,633 shares in the last quarter. Finally, Norges Bank bought a new stake in KBR in the 2nd quarter valued at $92,565,000. 97.02% of the stock is currently owned by institutional investors.

KBR Stock Performance

NYSE KBR opened at $41.06 on Wednesday. KBR, Inc. has a 1-year low of $39.39 and a 1-year high of $56.78. The company has a 50 day moving average of $42.39 and a 200-day moving average of $44.24. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.68. The firm has a market cap of $5.19 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 1.06 and a beta of 0.50.

KBR (NYSE:KBR) last announced its earnings results on Thursday, February 26th. The construction company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.95 by $0.04. KBR had a return on equity of 35.22% and a net margin of 5.30%.The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the business earned $0.91 EPS. KBR’s revenue was down 10.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities analysts forecast that KBR, Inc. will post 3.26 earnings per share for the current fiscal year.

KBR Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be paid a $0.165 dividend. The ex-dividend date is Friday, March 13th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.6%. KBR’s dividend payout ratio (DPR) is 20.56%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on KBR. Bank of America reduced their price objective on shares of KBR from $55.00 to $45.00 and set a “neutral” rating for the company in a report on Thursday, November 13th. Wells Fargo & Company assumed coverage on shares of KBR in a research note on Thursday, November 13th. They set an “equal weight” rating and a $45.00 price target for the company. Oppenheimer initiated coverage on KBR in a report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 price objective on the stock. Wall Street Zen cut KBR from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Truist Financial decreased their price target on KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, KBR presently has an average rating of “Hold” and an average price target of $57.00.

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.