Glenmede Trust Co. NA Increases Stock Position in KBR, Inc. $KBR

Glenmede Trust Co. NA increased its holdings in KBR, Inc. (NYSE:KBR) by 363.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,573 shares of the construction company’s stock after acquiring an additional 25,546 shares during the quarter. Glenmede Trust Co. NA’s holdings in KBR were worth $1,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in KBR by 432.5% in the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock worth $29,000 after purchasing an additional 493 shares during the period. Farther Finance Advisors LLC boosted its position in shares of KBR by 89.8% in the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after purchasing an additional 289 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of KBR by 101,600.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock worth $48,000 after buying an additional 1,016 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of KBR by 98.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,228 shares of the construction company’s stock worth $59,000 after buying an additional 608 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in KBR during the 4th quarter valued at approximately $51,000. 97.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Citigroup dropped their target price on KBR from $50.00 to $49.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Wall Street Zen upgraded KBR from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. UBS Group dropped their price target on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Finally, Wells Fargo & Company cut their price objective on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $45.83.

Insider Activity at KBR

In related news, CFO Shad E. Evans purchased 8,375 shares of KBR stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average cost of $30.60 per share, for a total transaction of $256,275.00. Following the completion of the purchase, the chief financial officer directly owned 43,725 shares of the company’s stock, valued at $1,337,985. The trade was a 23.69% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Thaer Lewis Von acquired 3,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average cost of $30.77 per share, with a total value of $92,310.00. Following the completion of the acquisition, the director directly owned 10,358 shares of the company’s stock, valued at $318,715.66. The trade was a 40.77% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders bought 29,875 shares of company stock worth $945,160. 1.15% of the stock is owned by insiders.

KBR Stock Performance

Shares of KBR opened at $37.60 on Friday. The business’s fifty day simple moving average is $35.36 and its two-hundred day simple moving average is $37.18. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.52. KBR, Inc. has a 12 month low of $29.94 and a 12 month high of $52.23. The company has a market cap of $4.74 billion, a price-to-earnings ratio of 11.32, a P/E/G ratio of 1.95 and a beta of 0.44.

KBR (NYSE:KBR) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.09. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.87 billion. KBR had a return on equity of 32.55% and a net margin of 5.49%.The company’s revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Research analysts anticipate that KBR, Inc. will post 4.03 earnings per share for the current fiscal year.

KBR Announces Dividend

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

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.