KBR, Inc. $KBR Shares Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund grew its position in KBR, Inc. (NYSE:KBR) by 68.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 131,860 shares of the construction company’s stock after acquiring an additional 53,623 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in KBR were worth $4,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Royal Bank of Canada boosted 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 purchasing an additional 8,243 shares during the period. 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 during the period. Empowered Funds LLC purchased a new stake in shares of KBR in the first quarter valued at about $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake 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 worth $19,704,000 after buying an additional 23,738 shares during the period. Finally, American Century Companies Inc. grew its holdings in shares of KBR by 97.1% during the second 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. 97.02% of the stock is currently owned by hedge funds and other institutional investors.

KBR Stock Down 4.0%

Shares of NYSE:KBR opened at $35.92 on Thursday. KBR, Inc. has a fifty-two week low of $29.94 and a fifty-two week high of $52.23. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.59. The firm’s 50-day simple moving average is $34.96 and its 200-day simple moving average is $37.51. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 11.48, a PEG ratio of 2.02 and a beta of 0.44.

KBR (NYSE:KBR) last posted its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.04. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.88 billion. KBR had a net margin of 5.21% and a return on equity of 33.92%. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities research analysts predict that KBR, Inc. will post 4 earnings per share for the current year.

KBR Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, June 15th were paid a $0.165 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.8%. KBR’s payout ratio is 21.09%.

Insiders Place Their Bets

In other KBR news, Director Carlos A. Sabater acquired 14,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average price 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 of the company’s stock, valued at approximately $1,159,341.35. The trade was a 68.38% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Shad E. Evans acquired 8,375 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average price of $30.60 per share, with a total value of $256,275.00. Following the transaction, the chief financial officer directly owned 43,725 shares of the company’s stock, valued at $1,337,985. This represents a 23.69% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 29,875 shares of company stock valued at $945,160 in the last three months. 1.15% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

KBR has been the topic of several recent research reports. Bank of America dropped their price target on KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Wells Fargo & Company decreased their price objective on KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a research report on Monday, April 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of KBR in a research note on Wednesday, June 24th. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Finally, UBS Group cut their price target on KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $52.62.

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.