Empowered Funds LLC Grows Holdings in KBR, Inc. $KBR

Empowered Funds LLC boosted its position in KBR, Inc. (NYSE:KBR) by 1,031.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 61,682 shares of the construction company’s stock after acquiring an additional 56,232 shares during the quarter. Empowered Funds LLC’s holdings in KBR were worth $2,274,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Farther Finance Advisors LLC boosted its holdings in 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 purchasing an additional 289 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings 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. Anchor Investment Management LLC raised its position in shares of KBR by 27.5% in the 1st quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock valued at $47,000 after purchasing an additional 275 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of KBR by 101,600.0% during 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 buying an additional 1,016 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of KBR during the fourth quarter worth approximately $51,000. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Trading Down 4.0%

Shares of NYSE:KBR opened at $36.33 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.52. The company’s 50-day moving average price is $35.29 and its 200 day moving average price is $37.23. The company has a market cap of $4.58 billion, a PE ratio of 10.94, a P/E/G ratio of 2.03 and a beta of 0.44. KBR, Inc. has a fifty-two week low of $29.94 and a fifty-two week high of $52.23.

KBR (NYSE:KBR) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.90 by $0.09. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. KBR had a net margin of 5.49% and a return on equity of 32.55%. KBR’s revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Sell-side analysts anticipate that KBR, Inc. will post 4.03 earnings per share for the current year.

KBR Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th were paid a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.66 annualized dividend and a yield of 1.8%. KBR’s payout ratio is presently 19.88%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on KBR shares. Citigroup dropped their price target 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. Wells Fargo & Company decreased their price objective on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Bank of America dropped their target price on shares of KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. UBS Group cut their target price on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of KBR in a research note on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $45.83.

Insiders Place Their Bets

In related news, Director Carlos A. Sabater bought 14,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased 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 of the company’s stock, valued at approximately $1,159,341.35. This represents a 68.38% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Shad E. Evans purchased 8,375 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of $30.60 per share, for a total transaction of $256,275.00. Following the completion of the transaction, the chief financial officer directly owned 43,725 shares in the company, valued at $1,337,985. This represents a 23.69% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 29,875 shares of company stock worth $945,160. Insiders own 1.15% of the company’s stock.

KBR 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.