KBR, Inc. $KBR Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC increased its holdings in shares of KBR, Inc. (NYSE:KBR) by 484.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 97,359 shares of the construction company’s stock after purchasing an additional 80,701 shares during the period. Hsbc Holdings PLC’s holdings in KBR were worth $3,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in KBR. Public Employees Retirement System of Ohio lifted its stake in KBR by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 40,133 shares of the construction company’s stock valued at $1,898,000 after buying an additional 249 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after acquiring an additional 289 shares during the last quarter. Truist Financial Corp increased its holdings in shares of KBR by 1.9% in the 4th quarter. Truist Financial Corp now owns 17,342 shares of the construction company’s stock worth $697,000 after acquiring an additional 317 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of KBR by 27.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,561 shares of the construction company’s stock worth $74,000 after acquiring an additional 333 shares during the period. Finally, Merit Financial Group LLC lifted its position in KBR by 7.3% in the 3rd quarter. Merit Financial Group LLC now owns 4,955 shares of the construction company’s stock valued at $234,000 after purchasing an additional 337 shares during the last quarter. 97.02% of the stock is currently owned by institutional investors and hedge funds.

KBR Stock Performance

KBR opened at $35.88 on Friday. The business has a 50 day moving average price of $34.19 and a two-hundred day moving average price of $38.02. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market capitalization of $4.55 billion, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 2.16 and a beta of 0.44. KBR, Inc. has a 1-year low of $29.94 and a 1-year high of $52.23.

KBR (NYSE:KBR) last issued its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.04. KBR had a return on equity of 33.92% and a net margin of 5.21%.The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period last year, the firm earned $1.01 EPS. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Research analysts predict that KBR, Inc. will post 3.98 EPS for the current fiscal year.

KBR Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s payout ratio is presently 21.09%.

Analyst Ratings Changes

A number of research firms have issued reports on KBR. Zacks Research raised shares of KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Wells Fargo & Company cut their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. UBS Group decreased their price objective 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 restated a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. 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 investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, KBR has an average rating of “Hold” and a consensus target price of $53.25.

Insider Buying and Selling at KBR

In other KBR news, CFO Shad E. Evans purchased 8,375 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $30.60 per share, for a total transaction of $256,275.00. Following the completion of the transaction, the chief financial officer owned 43,725 shares in the company, valued at $1,337,985. The trade was a 23.69% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Carlos A. Sabater purchased 14,500 shares of the business’s stock in a transaction on 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 $1,159,341.35. The trade was a 68.38% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 29,875 shares of company stock valued at $945,160 in the last ninety days. 1.15% of the stock is owned by 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.