State of Wyoming purchased a new stake in shares of KBR, Inc. (NYSE:KBR – Free Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 14,060 shares of the construction company’s stock, valued at approximately $485,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of KBR. Royal Bank of Canada lifted its holdings in KBR by 11.2% in the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock worth $4,073,000 after buying an additional 8,243 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of KBR by 50.8% during the first quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock valued at $31,247,000 after buying an additional 211,311 shares during the period. Empowered Funds LLC bought a new position in shares of KBR during the first quarter valued at approximately $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in KBR by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock worth $19,704,000 after acquiring an additional 23,738 shares during the period. Finally, American Century Companies Inc. lifted its stake in KBR by 97.1% in the second quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock worth $2,234,000 after acquiring an additional 22,957 shares during the period. Institutional investors own 97.02% of the company’s stock.
Insider Transactions at KBR
In other KBR news, Director Jack B. Moore purchased 4,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average cost of $31.44 per share, with a total value of $125,760.00. Following the transaction, the director directly owned 54,352 shares in the company, valued at approximately $1,708,826.88. The trade was a 7.94% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.15% of the stock is currently owned by company insiders.
Key KBR News
- Positive Sentiment: KBR’s Mission Technology Solutions business won a NATO recompete contract with an initial ceiling of $60 million over five years. The work will support the PATRIOT air and missile defense system and its integration with the Integrated Battle Command System, including command-and-control, engineering and logistics services. KBR Awarded $60 Million Contract to Accelerate Air and Missile Defense Readiness
- Positive Sentiment: The award reinforces KBR’s four decades of PATRIOT-system expertise and could provide recurring defense revenue from NATO and U.S. combatant-command customers. However, the contract is time-and-materials based and the stated amount is an initial ceiling, so the full financial contribution is not guaranteed. KBR Wins $60 Million NATO Contract to Support PATRIOT Air and Missile Defense System
- Positive Sentiment: The business is expected to spin off as Trinzic in January 2027, launching with more than $5 billion in annual revenue and approximately 18,000 employees. The contract provides additional evidence of the defense unit’s scale and strategic value ahead of the separation. KBR Awarded $60 Million Contract to Accelerate Air and Missile Defense Readiness
- Neutral Sentiment: Recent insider activity cited in the coverage showed purchases by KBR executives, while institutional ownership changes were mixed. These signals may support sentiment but do not materially alter the contract’s near-term earnings outlook.
- Neutral Sentiment: Several other articles concern traffic plans around KBR Park in Hyderabad and are unrelated to KBR, Inc. The hydrogen-study article involves Hazer Group and its KBR alliance, rather than a clearly disclosed new award for KBR, Inc.
Analysts Set New Price Targets
A number of research analysts have issued reports on KBR shares. Wall Street Zen raised shares of KBR from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. Bank of America cut their target price on shares of KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. UBS Group increased their price target on shares of KBR from $36.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Finally, Citigroup lowered their price objective on shares of KBR from $50.00 to $49.00 and set a “buy” rating for the company in a report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $46.67.
View Our Latest Research Report on KBR
KBR Price Performance
Shares of KBR stock opened at $37.54 on Tuesday. The business’s fifty day moving average is $35.70 and its 200 day moving average is $36.89. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.52. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 2.08 and a beta of 0.44. KBR, Inc. has a twelve month low of $29.94 and a twelve month high of $52.23.
KBR (NYSE:KBR – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.90 by $0.09. KBR had a return on equity of 32.55% and a net margin of 5.49%.The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the firm posted $0.91 earnings per share. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Research analysts expect that KBR, Inc. will post 4 EPS for the current fiscal year.
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.
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