Deutsche Bank AG Takes $1.60 Million Position in KBR, Inc. $KBR

Deutsche Bank AG purchased a new position in KBR, Inc. (NYSE:KBR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 46,447 shares of the construction company’s stock, valued at approximately $1,604,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KBR. Invesco Ltd. grew its stake in shares of KBR by 3.5% in the 4th quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock valued at $230,622,000 after purchasing an additional 192,383 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of KBR by 10.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company’s stock worth $112,834,000 after buying an additional 255,948 shares during the period. Morgan Stanley lifted its position in shares of KBR by 343.5% during the 4th quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock worth $110,494,000 after buying an additional 2,128,895 shares during the period. Neuberger Berman Group LLC boosted its stake in KBR by 12.4% in the 4th quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company’s stock valued at $104,046,000 after buying an additional 284,907 shares in the last quarter. Finally, Snyder Capital Management L P grew its position in KBR by 1.4% in the fourth quarter. Snyder Capital Management L P now owns 2,496,913 shares of the construction company’s stock valued at $100,376,000 after acquiring an additional 34,495 shares during the period. Institutional investors own 97.02% of the company’s stock.

Analyst Ratings Changes

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

KBR Stock Performance

Shares of NYSE:KBR opened at $38.02 on Friday. The business has a fifty day moving average of $36.32 and a 200-day moving average of $36.63. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.15 and a current ratio of 1.15. KBR, Inc. has a twelve month low of $29.94 and a twelve month high of $52.23. The firm has a market cap of $4.79 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 2.06 and a beta of 0.44.

KBR (NYSE:KBR) last posted its quarterly earnings data 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 firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter last year, the company posted $0.91 EPS. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities research analysts predict that KBR, Inc. will post 4.01 EPS for the current fiscal year.

KBR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Tuesday, September 15th. KBR’s dividend payout ratio (DPR) is presently 19.88%.

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.