Mitsubishi UFJ Asset Management Co. Ltd. Has $4.04 Million Stock Position in KBR, Inc. $KBR

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of KBR, Inc. (NYSE:KBR) by 95.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 99,648 shares of the construction company’s stock after acquiring an additional 48,555 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in KBR were worth $4,037,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in shares of KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after buying an additional 289 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of KBR by 207.8% during the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock worth $28,000 after buying an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of KBR by 432.5% during the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock worth $29,000 after buying an additional 493 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of KBR during the 3rd quarter worth $32,000. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of KBR by 101,600.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock worth $48,000 after purchasing an additional 1,016 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Price Performance

Shares of KBR stock opened at $32.47 on Tuesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.59. KBR, Inc. has a twelve month low of $31.56 and a twelve month high of $56.78. The company has a market cap of $4.12 billion, a P/E ratio of 10.37, a P/E/G ratio of 1.92 and a beta of 0.47. The business has a fifty day simple moving average of $37.15 and a 200 day simple moving average of $40.52.

KBR (NYSE:KBR) last announced its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. KBR had a return on equity of 33.92% and a net margin of 5.21%.The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the prior year, the company earned $1.01 EPS. KBR’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, sell-side analysts forecast that KBR, Inc. will post 4 EPS for the current fiscal year.

KBR Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, March 13th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, March 13th. KBR’s dividend payout ratio is currently 21.09%.

Wall Street Analysts Forecast Growth

KBR has been the topic of several analyst reports. Weiss Ratings lowered KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Wells Fargo & Company reduced their target price on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Citigroup reduced their target price on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $55.44.

KBR 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.