Hsbc Holdings PLC Has $6.67 Million Stock Position in KBR, Inc. $KBR

Hsbc Holdings PLC boosted its stake in KBR, Inc. (NYSE:KBR) by 88.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 183,164 shares of the construction company’s stock after purchasing an additional 85,805 shares during the quarter. Hsbc Holdings PLC’s holdings in KBR were worth $6,673,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Invesco Ltd. lifted its stake in KBR by 3.5% during the fourth quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock worth $230,622,000 after purchasing an additional 192,383 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of KBR by 10.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company’s stock worth $112,834,000 after purchasing an additional 255,948 shares during the last quarter. Morgan Stanley increased its position in KBR by 343.5% in 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 raised its stake in shares of KBR by 12.4% during the fourth 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 last quarter. Finally, Snyder Capital Management L P lifted its holdings in shares of 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 purchasing an additional 34,495 shares during the period. Institutional investors own 97.02% of the company’s stock.

Insider Activity at KBR

In other news, Director Jack B. Moore purchased 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average cost of $31.44 per share, with a total value of $125,760.00. Following the purchase, the director owned 54,352 shares in the company, valued at $1,708,826.88. This represents a 7.94% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thaer Lewis Von purchased 3,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was purchased at an average price of $30.77 per share, for a total transaction of $92,310.00. Following the acquisition, the director owned 10,358 shares of the company’s stock, valued at approximately $318,715.66. This represents a 40.77% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 29,875 shares of company stock worth $945,160 over the last three months. 1.15% of the stock is currently owned by company insiders.

KBR Stock Up 1.9%

Shares of NYSE:KBR opened at $36.31 on Friday. The company has a market capitalization of $4.60 billion, a price-to-earnings ratio of 11.60, a P/E/G ratio of 1.93 and a beta of 0.44. 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 is $34.55 and its 200-day moving average is $37.68. KBR, Inc. has a 1 year low of $29.94 and a 1 year high of $52.23.

KBR (NYSE:KBR) last issued its quarterly earnings results 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 analyst estimates of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.The company’s revenue was down 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities research analysts predict that KBR, Inc. will post 4 earnings per share for the current year.

KBR Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were issued a dividend of $0.165 per share. The ex-dividend date was Monday, June 15th. This represents a $0.66 annualized dividend and a dividend yield of 1.8%. KBR’s dividend payout ratio is currently 21.09%.

Analysts Set New Price Targets

A number of research firms recently weighed in on KBR. Bank of America decreased their price objective on KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Monday. Zacks Research upgraded KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Wells Fargo & Company decreased their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of KBR in a research note on Wednesday, June 24th. Finally, 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 report on Thursday, May 21st. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $52.62.

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.