Baader Bank Aktiengesellschaft Takes Position in KBR, Inc. $KBR

Key Points

• Baader Bank Aktiengesellschaft has acquired a new stake of 7,724 shares in KBR, Inc., valued at approximately $367,000, during the second quarter.
• KBR reported an earnings per share (EPS) of $0.91 for the last quarter, exceeding analysts' expectations, although its revenue of $1.95 billion fell short of projections.
• The company declared a quarterly dividend of $0.165 per share, indicating a 1.4% yield with a payout ratio of 23.91%.

Baader Bank Aktiengesellschaft purchased a new position in shares of KBR, Inc. (NYSE:KBR - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 7,724 shares of the construction company's stock, valued at approximately $367,000.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in KBR by 295.5% during the 1st quarter. GAMMA Investing LLC now owns 795 shares of the construction company's stock valued at $40,000 after purchasing an additional 594 shares during the period. Principal Financial Group Inc. boosted its stake in KBR by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 307,121 shares of the construction company's stock valued at $15,298,000 after purchasing an additional 1,343 shares during the period. Cerity Partners LLC boosted its stake in KBR by 697.0% during the 1st quarter. Cerity Partners LLC now owns 27,314 shares of the construction company's stock valued at $1,361,000 after purchasing an additional 23,887 shares during the period. KBC Group NV boosted its stake in KBR by 4.8% during the 1st quarter. KBC Group NV now owns 5,703 shares of the construction company's stock valued at $284,000 after purchasing an additional 260 shares during the period. Finally, Cetera Investment Advisers boosted its stake in KBR by 22.1% during the 1st quarter. Cetera Investment Advisers now owns 8,453 shares of the construction company's stock valued at $421,000 after purchasing an additional 1,531 shares during the period. Institutional investors own 97.02% of the company's stock.

KBR Price Performance

Shares of KBR traded down $0.57 during mid-day trading on Friday, reaching $48.81. The company had a trading volume of 1,789,911 shares, compared to its average volume of 1,026,504. KBR, Inc. has a twelve month low of $43.89 and a twelve month high of $72.60. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.13 and a quick ratio of 1.13. The company's 50-day moving average is $48.83 and its 200-day moving average is $50.35. The company has a market capitalization of $6.29 billion, a P/E ratio of 17.68, a P/E/G ratio of 0.97 and a beta of 0.73.

KBR (NYSE:KBR - Get Free Report) last issued its earnings results on Thursday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.03. KBR had a return on equity of 33.65% and a net margin of 4.52%.The business had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $2.10 billion. During the same period in the prior year, the firm posted $0.83 EPS. KBR's quarterly revenue was up 5.7% compared to the same quarter last year. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. On average, equities analysts anticipate that KBR, Inc. will post 3.26 EPS for the current year.

KBR Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.4%. KBR's dividend payout ratio is presently 23.91%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on KBR shares. Stifel Nicolaus increased their target price on KBR from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, August 1st. KeyCorp downgraded KBR from an "overweight" rating to a "sector weight" rating in a research report on Monday, June 23rd. The Goldman Sachs Group downgraded KBR from a "buy" rating to a "neutral" rating and set a $55.00 price objective for the company. in a research report on Tuesday, May 27th. Wall Street Zen upgraded KBR from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Finally, DA Davidson reduced their price objective on KBR from $72.00 to $65.00 and set a "buy" rating for the company in a research report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $62.78.

KBR Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.