Huber Capital Management LLC Grows Stock Holdings in KBR, Inc. $KBR

Huber Capital Management LLC grew its stake in KBR, Inc. (NYSE:KBRFree Report) by 18.1% during the 4th quarter, HoldingsChannel reports. The firm owned 922,460 shares of the construction company’s stock after acquiring an additional 141,587 shares during the quarter. KBR makes up approximately 5.5% of Huber Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Huber Capital Management LLC’s holdings in KBR were worth $37,083,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. grew its stake in shares of KBR by 207.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after purchasing an additional 401 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of KBR by 432.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after purchasing an additional 493 shares during the period. Farther Finance Advisors LLC grew its stake in shares of KBR by 89.8% in the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after purchasing an additional 289 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of KBR in the 3rd quarter valued at approximately $32,000. Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of KBR by 101,600.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock valued at $48,000 after purchasing an additional 1,016 shares during the period. 97.02% of the stock is currently owned by institutional investors.

KBR Stock Up 1.4%

NYSE KBR opened at $35.87 on Friday. The firm has a market cap of $4.55 billion, a PE ratio of 11.46, a price-to-earnings-growth ratio of 2.14 and a beta of 0.44. KBR, Inc. has a one year low of $29.94 and a one year high of $54.38. The stock’s 50 day simple moving average is $35.03 and its 200 day simple moving average is $39.12. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 1.16.

KBR (NYSE:KBRGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.KBR’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 earned $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, sell-side analysts forecast that KBR, Inc. will post 3.96 earnings per share for the current fiscal year.

KBR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, June 15th. KBR’s dividend payout ratio (DPR) is presently 21.09%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on KBR shares. Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. UBS Group decreased their price target on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Weiss Ratings lowered KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 27th. Wells Fargo & Company decreased their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. Finally, Citigroup decreased their price target on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $53.25.

View Our Latest Analysis on KBR

Insider Transactions at KBR

In other news, CFO Shad E. Evans acquired 8,375 shares of the firm’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 transaction, the chief financial officer owned 43,725 shares of the company’s stock, valued at approximately $1,337,985. This represents a 23.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jack B. Moore acquired 4,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was purchased at an average price of $31.44 per share, for a total transaction of $125,760.00. Following the completion of the transaction, the director directly owned 54,352 shares in the company, valued at approximately $1,708,826.88. The trade was a 7.94% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 29,875 shares of company stock valued at $945,160 over the last 90 days. 1.15% of the stock is currently owned by corporate insiders.

About KBR

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for KBR (NYSE:KBR)

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