Gotham Asset Management LLC Has $32.65 Million Holdings in KBR, Inc. $KBR

Gotham Asset Management LLC grew its holdings in shares of KBR, Inc. (NYSE:KBR) by 64.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 690,319 shares of the construction company’s stock after buying an additional 270,476 shares during the period. Gotham Asset Management LLC’s holdings in KBR were worth $32,645,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in KBR by 11.2% during the first quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock worth $4,073,000 after acquiring an additional 8,243 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in KBR by 50.8% in the first quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock valued at $31,247,000 after purchasing an additional 211,311 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of KBR during the first quarter valued at about $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of KBR by 6.4% during 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 valued at $19,704,000 after purchasing an additional 23,738 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of KBR by 4.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 58,859 shares of the construction company’s stock worth $2,822,000 after purchasing an additional 2,376 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Trading Down 0.3%

KBR opened at $36.54 on Tuesday. KBR, Inc. has a fifty-two week low of $36.33 and a fifty-two week high of $56.78. The firm has a market capitalization of $4.62 billion, a PE ratio of 11.38, a P/E/G 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. The company’s 50-day moving average is $41.99 and its 200 day moving average is $43.47.

KBR (NYSE:KBR) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.91 billion. KBR had a return on equity of 35.22% and a net margin of 5.30%.The company’s quarterly revenue was down 10.6% on a year-over-year basis. 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. As a group, research analysts predict that KBR, Inc. will post 3.26 earnings per share for the current fiscal year.

KBR Announces Dividend

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

Wall Street Analysts Forecast Growth

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

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.