Prescott Group Capital Management L.L.C. Buys 108,830 Shares of KBR, Inc. $KBR

Prescott Group Capital Management L.L.C. grew its stake in shares of KBR, Inc. (NYSE:KBR) by 140.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 186,330 shares of the construction company’s stock after purchasing an additional 108,830 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in KBR were worth $7,490,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of KBR. Royal Bank of Canada grew its stake in shares of KBR by 11.2% during the first quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock valued at $4,073,000 after buying an additional 8,243 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of KBR by 50.8% during the first quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock valued at $31,247,000 after buying an additional 211,311 shares during the last quarter. Empowered Funds LLC bought a new position in shares of KBR during the first quarter valued at about $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of KBR by 6.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock valued at $19,704,000 after buying an additional 23,738 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of KBR by 97.1% in the second quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock worth $2,234,000 after purchasing an additional 22,957 shares during the last quarter. 97.02% of the stock is owned by institutional investors.

KBR Stock Up 1.5%

NYSE KBR opened at $32.34 on Thursday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 1.16. KBR, Inc. has a 1 year low of $29.94 and a 1 year high of $54.70. The business’s 50-day moving average is $35.85 and its 200 day moving average is $39.94. The stock has a market capitalization of $4.10 billion, a PE ratio of 10.33, a PEG ratio of 1.88 and a beta of 0.47.

KBR (NYSE:KBR) last issued its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.92 by $0.04. KBR had a net margin of 5.21% and a return on equity of 33.92%. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period last year, the business posted $1.01 earnings per share. KBR’s quarterly revenue was down 4.7% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Sell-side analysts forecast that KBR, Inc. will post 4 earnings per share for the current year.

KBR Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be issued a $0.165 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.66 annualized dividend and a yield of 2.0%. KBR’s dividend payout ratio (DPR) is 21.09%.

Insider Activity

In related news, Director Thaer Lewis Von acquired 3,000 shares of the stock in a transaction on Thursday, May 14th. The stock was acquired at an average cost of $30.77 per share, for a total transaction of $92,310.00. Following the completion of the acquisition, the director directly owned 10,358 shares of the company’s stock, valued at approximately $318,715.66. This represents a 40.77% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Shad E. Evans acquired 8,375 shares of the 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 completion of the acquisition, the chief financial officer directly owned 43,725 shares of the company’s stock, valued at $1,337,985. This trade represents a 23.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 1.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on KBR. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Wall Street Zen cut KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Citigroup cut their target price on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings cut KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Finally, Wells Fargo & Company cut their target price on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $55.44.

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.