Moore Capital Management LP Makes New $16.06 Million Investment in KBR, Inc. $KBR

Moore Capital Management LP bought a new position in KBR, Inc. (NYSE:KBR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 339,511 shares of the construction company’s stock, valued at approximately $16,055,000. Moore Capital Management LP owned about 0.27% of KBR at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in KBR during the 2nd quarter worth approximately $92,565,000. Wellington Management Group LLP grew its stake in shares of KBR by 1,611.4% during the third quarter. Wellington Management Group LLP now owns 1,974,327 shares of the construction company’s stock worth $93,366,000 after buying an additional 1,858,961 shares during the last quarter. Boston Partners grew its stake in shares of KBR by 25.6% during the second quarter. Boston Partners now owns 5,506,603 shares of the construction company’s stock worth $264,474,000 after buying an additional 1,122,076 shares during the last quarter. Copeland Capital Management LLC acquired a new position in shares of KBR during the third quarter worth $33,666,000. Finally, Invesco Ltd. lifted its stake in shares of KBR by 11.0% in the 2nd quarter. Invesco Ltd. now owns 5,465,232 shares of the construction company’s stock valued at $262,003,000 after acquiring an additional 539,565 shares during the last quarter. 97.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on KBR shares. Zacks Research lowered KBR from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 12th. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Citigroup cut their target price on shares of KBR from $57.00 to $53.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Weiss Ratings raised shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, March 11th. Finally, Oppenheimer initiated coverage on shares of KBR in a research report on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 price target for the company. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, KBR has a consensus rating of “Hold” and an average price target of $57.00.

KBR Price Performance

Shares of KBR opened at $36.54 on Tuesday. KBR, Inc. has a 1 year low of $36.33 and a 1 year high of $56.78. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22. The company has a market capitalization of $4.62 billion, a price-to-earnings ratio of 11.38, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50. The business has a 50-day moving average of $41.99 and a 200-day moving average of $43.47.

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

KBR Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be given a dividend of $0.165 per share. The ex-dividend date is Friday, March 13th. This represents a $0.66 annualized dividend and a dividend yield of 1.8%. KBR’s dividend payout ratio is 20.56%.

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.