Legal & General Group Plc Buys Shares of 170,912 KBR, Inc. $KBR

Legal & General Group Plc purchased a new position in KBR, Inc. (NYSE:KBR) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 170,912 shares of the construction company’s stock, valued at approximately $5,902,000. Legal & General Group Plc owned about 0.14% of KBR as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company acquired a new position in KBR in the 2nd quarter valued at about $3,044,000. Cetera Trust Company N.A acquired a new position in shares of KBR in the second quarter valued at approximately $98,000. Bank of Nova Scotia acquired a new stake in KBR during the second quarter worth approximately $4,478,000. Northwestern Mutual Wealth Management Co. acquired a new stake in KBR during the second quarter worth approximately $99,000. Finally, Allworth Financial LP purchased a new stake in KBR in the 2nd quarter worth approximately $27,000. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Stock Performance

Shares of NYSE:KBR opened at $37.29 on Friday. The business has a 50-day moving average of $36.68 and a two-hundred day moving average of $36.45. The firm has a market capitalization of $4.70 billion, a PE ratio of 11.23, a P/E/G ratio of 1.99 and a beta of 0.44. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.15 and a quick ratio of 1.15. KBR, Inc. has a 12 month low of $29.94 and a 12 month high of $52.23.

KBR (NYSE:KBR) last released 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. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. KBR had a return on equity of 32.55% and a net margin of 5.49%.The company’s revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, research analysts forecast that KBR, Inc. will post 4.01 earnings per share for the current year.

KBR Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.8%. The ex-dividend date is Tuesday, September 15th. KBR’s payout ratio is currently 19.88%.

Wall Street Analyst Weigh In

KBR has been the topic of several analyst reports. UBS Group raised their price objective on KBR from $36.00 to $41.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Citigroup decreased their price target on KBR from $50.00 to $49.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Wall Street Zen upgraded KBR from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings reiterated a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th. Finally, Bank of America decreased their target price on shares of 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 given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, KBR currently has an average rating of “Hold” and an average price target of $46.67.

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.