Diversified Trust Co Makes New $627,000 Investment in KBR, Inc. $KBR

Diversified Trust Co purchased a new stake in shares of KBR, Inc. (NYSE:KBR) in the first quarter, HoldingsChannel reports. The institutional investor purchased 17,009 shares of the construction company’s stock, valued at approximately $627,000.

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

KBR Price Performance

KBR opened at $32.26 on Friday. The stock has a fifty day moving average of $34.30 and a 200-day moving average of $38.54. The firm has a market capitalization of $4.09 billion, a P/E ratio of 10.31, a PEG ratio of 1.97 and a beta of 0.44. KBR, Inc. has a 12-month low of $29.94 and a 12-month 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.

KBR (NYSE:KBR) last issued its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.04. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities analysts forecast that KBR, Inc. will post 3.98 EPS for the current fiscal year.

KBR Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders 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 dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s dividend payout ratio is 21.09%.

Insider Activity at KBR

In related news, Director Carlos A. Sabater bought 14,500 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was bought at an average price of $32.47 per share, for a total transaction of $470,815.00. Following the transaction, the director directly owned 35,705 shares in the company, valued at $1,159,341.35. This represents a 68.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Shad E. Evans bought 8,375 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average price of $30.60 per share, with a total value of $256,275.00. Following the transaction, the chief financial officer owned 43,725 shares in the company, valued at approximately $1,337,985. This represents a 23.69% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 29,875 shares of company stock valued at $945,160. 1.15% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on KBR. Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Wells Fargo & Company decreased their price target on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. UBS Group dropped their price target on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Citigroup decreased their target price on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Weiss Ratings lowered KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 27th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, KBR has an average rating of “Hold” and an average price target of $53.25.

KBR Company 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.