Yousif Capital Management LLC Lowers Stake in KBR, Inc. $KBR

Yousif Capital Management LLC cut its position in shares of KBR, Inc. (NYSE:KBR) by 4.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,683 shares of the construction company’s stock after selling 1,852 shares during the quarter. Yousif Capital Management LLC’s holdings in KBR were worth $1,902,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of KBR. GAMMA Investing LLC boosted its position in shares of KBR by 295.5% in the first quarter. GAMMA Investing LLC now owns 795 shares of the construction company’s stock worth $40,000 after acquiring an additional 594 shares during the last quarter. Byrne Asset Management LLC acquired a new stake in shares of KBR in the second quarter worth approximately $41,000. Farther Finance Advisors LLC boosted its position in shares of KBR by 1,402.2% in the first quarter. Farther Finance Advisors LLC now owns 1,367 shares of the construction company’s stock worth $68,000 after acquiring an additional 1,276 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of KBR by 25.2% in the first quarter. Fifth Third Bancorp now owns 1,365 shares of the construction company’s stock worth $68,000 after acquiring an additional 275 shares during the last quarter. Finally, Signaturefd LLC boosted its position in shares of KBR by 44.1% in the first quarter. Signaturefd LLC now owns 1,438 shares of the construction company’s stock worth $72,000 after acquiring an additional 440 shares during the last quarter. 97.02% of the stock is owned by institutional investors and hedge funds.

KBR Trading Down 0.9%

KBR opened at $43.35 on Friday. The firm has a market capitalization of $5.59 billion, a P/E ratio of 15.71, a P/E/G ratio of 0.86 and a beta of 0.68. The firm’s 50 day moving average is $48.45 and its 200-day moving average is $49.72. KBR, Inc. has a 52-week low of $42.94 and a 52-week high of $72.60. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.73.

KBR (NYSE:KBR) last posted its quarterly earnings data on Thursday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.10 billion. KBR had a net margin of 4.52% and a return on equity of 33.65%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.83 earnings per share. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. Analysts expect that KBR, Inc. will post 3.26 EPS for the current fiscal year.

KBR Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be paid a dividend of $0.165 per share. The ex-dividend date is Monday, December 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.5%. KBR’s dividend payout ratio (DPR) is currently 23.91%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. UBS Group cut shares of KBR from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $66.00 to $54.00 in a research report on Wednesday, July 2nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of KBR in a research report on Wednesday, October 8th. Stifel Nicolaus lifted their price target on shares of KBR from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Bank of America cut shares of KBR from a “buy” rating to a “neutral” rating and reduced their price target for the company from $70.00 to $55.00 in a research report on Wednesday, August 13th. Finally, Wall Street Zen raised shares of KBR from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $62.78.

KBR Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.