119,718 Shares in KBR, Inc. $KBR Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new position in shares of KBR, Inc. (NYSE:KBR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 119,718 shares of the construction company’s stock, valued at approximately $4,813,000.

A number of other hedge funds have also recently added to or reduced their stakes in KBR. Royal Bank of Canada grew its stake in KBR by 11.2% during 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 last quarter. Goldman Sachs Group Inc. grew its stake in KBR by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock worth $31,247,000 after buying an additional 211,311 shares during the last quarter. Empowered Funds LLC purchased a new position in KBR during the 1st quarter worth approximately $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in KBR by 6.4% during the 1st 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 buying an additional 23,738 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in KBR by 97.1% during the 2nd quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock worth $2,234,000 after buying an additional 22,957 shares during the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

KBR Trading Up 0.0%

Shares of KBR stock opened at $33.47 on Tuesday. The business’s 50 day moving average is $35.59 and its two-hundred day moving average is $39.74. KBR, Inc. has a twelve month low of $29.94 and a twelve month high of $54.38. The company has a market capitalization of $4.24 billion, a P/E ratio of 10.69, a price-to-earnings-growth ratio of 1.98 and a beta of 0.47. 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 (NYSE:KBR) last posted its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.92 by $0.04. The business 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%.The company’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm earned $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities analysts forecast that KBR, Inc. will post 4 EPS for the current year.

KBR Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s dividend payout ratio (DPR) is currently 21.09%.

Analysts Set New Price Targets

KBR has been the topic of a number of research reports. Wells Fargo & Company dropped their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Weiss Ratings downgraded KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Zacks Research upgraded KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Citigroup dropped their price target on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, UBS Group lowered their target price on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $53.44.

Insiders Place Their Bets

In other KBR news, Director Thaer Lewis Von purchased 3,000 shares of KBR stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $30.77 per share, with a total value of $92,310.00. Following the acquisition, the director directly owned 10,358 shares of the company’s stock, valued at $318,715.66. This represents a 40.77% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carlos A. Sabater purchased 14,500 shares of KBR stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of $32.47 per share, with a total value of $470,815.00. Following the completion of the acquisition, the director directly owned 35,705 shares in the company, valued at approximately $1,159,341.35. This trade represents a 68.38% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired 29,875 shares of company stock valued at $945,160 over the last 90 days. 1.15% of the stock is owned by corporate insiders.

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.