State of Wyoming Has $435,000 Stake in KBR, Inc. $KBR

State of Wyoming reduced its holdings in KBR, Inc. (NYSE:KBRFree Report) by 76.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,803 shares of the construction company’s stock after selling 39,248 shares during the quarter. State of Wyoming’s holdings in KBR were worth $435,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Prescott Group Capital Management L.L.C. lifted its stake in KBR by 140.4% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 186,330 shares of the construction company’s stock valued at $7,490,000 after buying an additional 108,830 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of KBR during the third quarter worth $3,850,000. Huber Capital Management LLC lifted 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 valued at $37,083,000 after acquiring an additional 141,587 shares in the last quarter. SG Americas Securities LLC lifted its position in KBR by 13.9% in the 4th quarter. SG Americas Securities LLC now owns 241,473 shares of the construction company’s stock valued at $9,707,000 after acquiring an additional 29,449 shares in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in KBR in the 4th quarter worth $3,455,000. Institutional investors own 97.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. UBS Group lowered their target price on KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. Zacks Research upgraded KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Bank of America dropped their target price on KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Finally, Citigroup cut their target price on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $52.62.

View Our Latest Research Report on KBR

Insider Buying and Selling

In related news, Director Carlos A. Sabater purchased 14,500 shares of the stock in a transaction on Tuesday, May 19th. The shares were purchased at an average price of $32.47 per share, with a total value of $470,815.00. Following the transaction, the director directly owned 35,705 shares of the company’s stock, valued at $1,159,341.35. This trade represents a 68.38% 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 Jack B. Moore acquired 4,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were bought at an average price of $31.44 per share, for a total transaction of $125,760.00. Following the purchase, the director owned 54,352 shares in the company, valued at approximately $1,708,826.88. This represents a 7.94% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 29,875 shares of company stock worth $945,160 over the last 90 days. Company insiders own 1.15% of the company’s stock.

KBR Stock Up 1.6%

Shares of KBR stock opened at $36.93 on Friday. The firm’s fifty day moving average price is $34.69 and its two-hundred day moving average price is $37.68. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.59. KBR, Inc. has a 1 year low of $29.94 and a 1 year high of $52.23. The firm has a market capitalization of $4.68 billion, a P/E ratio of 11.80, a PEG ratio of 2.00 and a beta of 0.44.

KBR (NYSE:KBRGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.04. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.KBR’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities analysts predict that KBR, Inc. will post 4 EPS for the current fiscal year.

KBR Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Monday, June 15th. KBR’s dividend payout ratio (DPR) is currently 21.09%.

About KBR

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for KBR (NYSE:KBR)

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