7,724 Shares in KBR, Inc. $KBR Bought by Baader Bank Aktiengesellschaft

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 acquired a new position in KBR, Inc. (NYSE:KBR - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,724 shares of the construction company's stock, valued at approximately $367,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of KBR during the 2nd quarter valued at approximately $222,000. Byrne Asset Management LLC bought a new position in shares of KBR during the 2nd quarter valued at approximately $41,000. Delphi Management Inc. MA grew its position in shares of KBR by 312.1% during the 2nd quarter. Delphi Management Inc. MA now owns 24,108 shares of the construction company's stock valued at $1,156,000 after acquiring an additional 18,258 shares during the period. Voya Investment Management LLC grew its position in shares of KBR by 1.2% during the 1st quarter. Voya Investment Management LLC now owns 20,095 shares of the construction company's stock valued at $1,001,000 after acquiring an additional 241 shares during the period. Finally, Intech Investment Management LLC grew its position in shares of KBR by 39.1% during the 1st quarter. Intech Investment Management LLC now owns 220,446 shares of the construction company's stock valued at $10,980,000 after acquiring an additional 61,937 shares during the period. 97.02% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on KBR shares. DA Davidson reduced their target price on shares of KBR from $72.00 to $65.00 and set a "buy" rating for the company in a research report on Friday, August 1st. KeyCorp downgraded shares of KBR from an "overweight" rating to a "sector weight" rating in a report on Monday, June 23rd. Wall Street Zen downgraded shares of KBR from a "buy" rating to a "hold" rating in a report on Sunday. The Goldman Sachs Group downgraded shares of KBR from a "buy" rating to a "neutral" rating and set a $55.00 price objective for the company. in a report on Tuesday, May 27th. Finally, UBS Group downgraded shares of KBR from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $66.00 to $54.00 in a report on Wednesday, July 2nd. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, KBR presently has a consensus rating of "Hold" and a consensus price target of $62.78.

KBR Price Performance

Shares of KBR stock traded down $0.10 on Monday, hitting $48.67. 495,470 shares of the company traded hands, compared to its average volume of 1,484,947. The firm's 50-day simple moving average is $48.83 and its 200 day simple moving average is $50.35. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.73. The company has a market cap of $6.27 billion, a P/E ratio of 17.61, a P/E/G ratio of 0.97 and a beta of 0.73. KBR, Inc. has a 12-month low of $43.89 and a 12-month high of $72.60.

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

KBR Announces Dividend

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

About KBR

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.