28,248 Shares in KBR, Inc. $KBR Acquired by Old West Investment Management LLC

Old West Investment Management LLC acquired a new stake in KBR, Inc. (NYSE:KBR) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 28,248 shares of the construction company’s stock, valued at approximately $975,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake 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 purchasing an additional 493 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of KBR by 89.8% in the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after buying an additional 289 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of KBR by 101,600.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock worth $48,000 after buying an additional 1,016 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of KBR by 98.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,228 shares of the construction company’s stock worth $59,000 after buying an additional 608 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in KBR during the fourth quarter worth about $51,000. Hedge funds and other institutional investors own 97.02% of the company’s stock.

KBR Price Performance

KBR stock opened at $38.45 on Monday. KBR, Inc. has a 12-month low of $29.94 and a 12-month high of $52.23. The stock has a market cap of $4.85 billion, a P/E ratio of 11.58, a PEG ratio of 2.08 and a beta of 0.44. The company has a 50-day moving average price of $35.65 and a 200 day moving average price of $36.92. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.52.

KBR (NYSE:KBR) last posted its earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.09. KBR had a net margin of 5.49% and a return on equity of 32.55%. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the business posted $0.91 EPS. KBR’s revenue was up 1.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Sell-side analysts anticipate that KBR, Inc. will post 4 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on KBR shares. Citigroup dropped their price objective on shares of KBR from $50.00 to $49.00 and set a “buy” rating for the company in a research note on Friday, July 31st. UBS Group boosted their target price on KBR from $36.00 to $41.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Weiss Ratings restated a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. Wall Street Zen raised KBR from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Finally, Bank of America reduced their price objective on KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $46.67.

Insider Buying and Selling

In other KBR news, Director Carlos A. Sabater acquired 14,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average cost of $32.47 per share, for a total transaction of $470,815.00. Following the completion of the acquisition, the director 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 purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jack B. Moore acquired 4,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average price of $31.44 per share, with a total value of $125,760.00. Following the completion of the transaction, the director directly owned 54,352 shares of the company’s stock, valued at $1,708,826.88. This trade represents a 7.94% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.15% of the company’s stock.

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.