Diversified Trust Co Takes Position in KBR, Inc. $KBR

Diversified Trust Co bought a new position in shares of KBR, Inc. (NYSE:KBR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 17,009 shares of the construction company’s stock, valued at approximately $627,000.

Several other institutional investors have also modified their holdings of KBR. Prescott Group Capital Management L.L.C. boosted its stake in KBR by 140.4% during the 4th quarter. Prescott Group Capital Management L.L.C. now owns 186,330 shares of the construction company’s stock valued at $7,490,000 after acquiring an additional 108,830 shares during the last quarter. Neuberger Berman Group LLC increased its position in shares of KBR by 9.1% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,302,468 shares of the construction company’s stock worth $108,850,000 after purchasing an additional 191,382 shares during the last quarter. Moore Capital Management LP bought a new stake in shares of KBR in the 3rd quarter worth about $16,055,000. Tudor Investment Corp ET AL bought a new position in shares of KBR during the third quarter worth about $3,850,000. Finally, HighVista Strategies LLC bought a new position in shares of KBR during the third quarter worth about $1,679,000. Institutional investors and hedge funds own 97.02% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on KBR. Citigroup lowered their price objective on KBR from $53.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Wall Street Zen downgraded KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Weiss Ratings lowered KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 27th. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Finally, UBS Group reduced their price objective on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Five equities 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $53.25.

Insiders Place Their Bets

In other KBR news, Director Thaer Lewis Von purchased 3,000 shares of KBR stock in a transaction on Thursday, May 14th. The stock was bought at an average price of $30.77 per share, for a total transaction of $92,310.00. Following the transaction, the director owned 10,358 shares of the company’s stock, valued at $318,715.66. The trade was a 40.77% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Shad E. Evans purchased 8,375 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $30.60 per share, with a total value of $256,275.00. Following the purchase, the chief financial officer owned 43,725 shares of the company’s stock, valued at approximately $1,337,985. This represents a 23.69% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 29,875 shares of company stock worth $945,160 over the last 90 days. Insiders own 1.15% of the company’s stock.

KBR Price Performance

Shares of NYSE KBR opened at $32.26 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market capitalization of $4.09 billion, a PE ratio of 10.31, a P/E/G ratio of 1.97 and a beta of 0.44. KBR, Inc. has a 1-year low of $29.94 and a 1-year high of $52.23. The business’s fifty day moving average price is $34.30 and its two-hundred day moving average price is $38.54.

KBR (NYSE:KBR) last issued its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.04. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. KBR had a net margin of 5.21% and a return on equity of 33.92%. KBR’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm posted $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, research analysts expect that KBR, Inc. will post 3.98 EPS for the current year.

KBR Dividend Announcement

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

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.