Clearline Capital LP Acquires 236,604 Shares of KBR, Inc. $KBR

Clearline Capital LP boosted its holdings in shares of KBR, Inc. (NYSE:KBR) by 169.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 376,000 shares of the construction company’s stock after purchasing an additional 236,604 shares during the period. KBR accounts for approximately 0.8% of Clearline Capital LP’s holdings, making the stock its 22nd largest holding. Clearline Capital LP’s holdings in KBR were worth $17,781,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of KBR. Hantz Financial Services Inc. increased its stake in shares of KBR by 207.8% in the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after buying an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in KBR by 432.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock worth $29,000 after acquiring an additional 493 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in KBR by 98.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,228 shares of the construction company’s stock worth $59,000 after acquiring an additional 608 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in KBR in the 3rd quarter valued at about $70,000. Finally, Osaic Holdings Inc. raised its stake in shares of KBR by 31.6% in the second quarter. Osaic Holdings Inc. now owns 3,642 shares of the construction company’s stock worth $176,000 after acquiring an additional 875 shares during the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Trading Down 0.4%

KBR opened at $36.64 on Friday. The firm has a 50 day simple moving average of $42.12 and a 200 day simple moving average of $43.63. KBR, Inc. has a fifty-two week low of $36.35 and a fifty-two week high of $56.78. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 11.41, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22.

KBR (NYSE:KBR) last released its earnings results on Thursday, February 26th. The construction company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.04. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.91 billion. KBR had a net margin of 5.30% and a return on equity of 35.22%. The business’s quarterly revenue was down 10.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, sell-side analysts anticipate that KBR, Inc. will post 3.26 earnings per share for the current year.

KBR Dividend Announcement

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

Wall Street Analyst Weigh In

KBR has been the topic of a number of research reports. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Zacks Research cut shares of KBR from a “hold” rating to a “strong sell” rating in a research report on Thursday. Truist Financial decreased their price objective on KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Weiss Ratings raised KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Finally, Oppenheimer started coverage on KBR in a research report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 target price for the company. Five equities research 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. Based on data from MarketBeat.com, KBR has an average rating of “Hold” and an average price target of $57.00.

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.