Carlson Capital L.P. Purchases New Shares in KBR, Inc. $KBR

Carlson Capital L.P. purchased a new position in KBR, Inc. (NYSE:KBR) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,800 shares of the construction company’s stock, valued at approximately $582,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Prescott Group Capital Management L.L.C. boosted its stake in shares of KBR by 140.4% during the 4th quarter. Prescott Group Capital Management L.L.C. now owns 186,330 shares of the construction company’s stock worth $7,490,000 after purchasing an additional 108,830 shares during the period. Tudor Investment Corp ET AL bought a new position in KBR during the 3rd quarter valued at about $3,850,000. Huber Capital Management LLC raised its position in KBR by 18.1% in the 4th quarter. Huber Capital Management LLC now owns 922,460 shares of the construction company’s stock worth $37,083,000 after purchasing an additional 141,587 shares during the period. Hsbc Holdings PLC raised its position in KBR by 484.5% in the 4th quarter. Hsbc Holdings PLC now owns 97,359 shares of the construction company’s stock worth $3,936,000 after purchasing an additional 80,701 shares during the period. Finally, New Age Alpha Advisors LLC bought a new stake in KBR in the fourth quarter worth about $4,813,000. 97.02% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at KBR

In other KBR news, CFO Shad E. Evans bought 8,375 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were acquired at an average price of $30.60 per share, with a total value of $256,275.00. Following the transaction, the chief financial officer owned 43,725 shares of the company’s stock, valued at approximately $1,337,985. This trade represents a 23.69% increase in their position. The purchase 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 KBR stock in a transaction dated Thursday, May 14th. The stock was acquired at an average price of $30.77 per share, with a total value of $92,310.00. Following the acquisition, 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 acquired 29,875 shares of company stock worth $945,160. Company insiders own 1.15% of the company’s stock.

Key KBR News

Here are the key news stories impacting KBR this week:

• Positive Sentiment: KBR reported adjusted earnings per share of $0.99 and revenue of $1.98 billion, exceeding analyst expectations of $0.90 and $1.89 billion, respectively. Adjusted EBITDA rose 7% to $258 million, while net income increased 32% year over year. KBR Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Sustainable Technology Solutions posted a record backlog of approximately $5.5 billion and a 1.5x book-to-bill ratio, supported by awards for ammonia, sustainable aviation fuel and e-fuels projects. Companywide backlog and options totaled $23.0 billion.
• Positive Sentiment: Management reaffirmed fiscal 2026 revenue guidance of roughly $7.9 billion to $8.36 billion and adjusted EPS guidance of $3.87 to $4.22, signaling confidence despite a mixed operating environment.
• Positive Sentiment: The planned separation of Mission Technology Solutions remains on track for January 4, 2027. KBR also introduced the planned independent company’s name, Trinzic, along with its branding. KBR Unveils Trinzic
• Positive Sentiment: Citigroup maintained a “buy” rating while lowering its price target modestly from $50 to $49, still implying substantial potential upside. Two reported insider purchases over the past six months also provide a supportive signal.
• Neutral Sentiment: Analyst and institutional positioning remains mixed: several large investors added KBR shares, while others—including Franklin Resources, Morgan Stanley and Boston Partners—reduced holdings.
• Negative Sentiment: Investors noted margin pressure in parts of the business, with the quarter’s consolidated net margin at 5.21%. The lower end of the EPS outlook is also below the current consensus estimate of approximately $3.97.

Wall Street Analyst Weigh In

Several brokerages have issued reports on KBR. Citigroup dropped their target price on KBR from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Friday. UBS Group reduced their price target on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Weiss Ratings restated a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Finally, Bank of America cut their price objective on KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, KBR has an average rating of “Hold” and an average price target of $45.83.

KBR Trading Up 6.6%

Shares of NYSE KBR opened at $36.63 on Friday. KBR, Inc. has a twelve month low of $29.94 and a twelve month high of $52.23. The firm has a market cap of $4.64 billion, a PE ratio of 11.03, a price-to-earnings-growth ratio of 1.86 and a beta of 0.44. The business has a fifty day simple moving average of $35.07 and a two-hundred day simple moving average of $37.43. The company has a quick ratio of 1.16, a current ratio of 1.15 and a debt-to-equity ratio of 1.52.

KBR (NYSE:KBR) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.09. The business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.87 billion. KBR had a return on equity of 32.55% and a net margin of 5.49%.The business’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Analysts expect that KBR, Inc. will post 4 earnings per share for the current fiscal year.

KBR Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.8%. The ex-dividend date was Monday, June 15th. KBR’s dividend payout ratio is presently 19.88%.

KBR Company Profile

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.