Bank of America Corp DE Makes New Investment in KBR, Inc. $KBR

Key Points

• Bank of America initiated a stake in KBR, purchasing 561,521 shares worth approximately $19.4 million, or about 0.45% of the company. Institutional investors and hedge funds collectively own 97.02% of KBR.
• KBR reported quarterly EPS of $0.99, beating estimates of $0.90, while revenue reached $1.98 billion versus expectations of $1.87 billion. Revenue increased 1.6% year over year, and the company provided fiscal 2026 EPS guidance of $3.87–$4.22.
• Analysts maintain a mixed view, with KBR carrying an average “Hold” rating and a $45 price target. The company also declared a quarterly dividend of $0.165 per share, equivalent to a 1.9% annual yield.

Bank of America Corp DE bought a new stake in KBR, Inc. (NYSE:KBR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 561,521 shares of the construction company's stock, valued at approximately $19,389,000. Bank of America Corp DE owned approximately 0.45% of KBR as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KBR. Anchor Investment Management LLC boosted its holdings in shares of KBR by 27.5% in the 1st quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company's stock worth $47,000 after acquiring an additional 275 shares in the last quarter. State of Michigan Retirement System raised its position in KBR by 1.7% in the 1st quarter. State of Michigan Retirement System now owns 30,511 shares of the construction company's stock valued at $1,125,000 after purchasing an additional 500 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in KBR by 2.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 26,098 shares of the construction company's stock worth $962,000 after purchasing an additional 700 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in KBR by 7.0% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 11,925 shares of the construction company's stock worth $440,000 after purchasing an additional 785 shares in the last quarter. Finally, Allworth Financial LP bought a new stake in shares of KBR during the second quarter worth $27,000. 97.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on KBR. UBS Group raised their price objective on shares of KBR from $36.00 to $41.00 and gave the company a "neutral" rating in a research report on Monday, August 10th. Oppenheimer reduced their target price on shares of KBR from $60.00 to $50.00 and set an "outperform" rating on the stock in a research report on Tuesday. Bank of America lowered their price target on shares of KBR from $45.00 to $40.00 and set a "neutral" rating for the company in a report on Monday, July 20th. Citigroup dropped their price objective on shares of KBR from $50.00 to $49.00 and set a "buy" rating for the company in a research report on Friday, July 31st. Finally, Wall Street Zen raised KBR from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $45.00.

KBR Stock Performance

KBR stock opened at $34.78 on Friday. The company has a market cap of $4.38 billion, a PE ratio of 10.48, a PEG ratio of 1.89 and a beta of 0.44. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.52. KBR, Inc. has a 1 year low of $29.94 and a 1 year high of $49.60. The company's 50-day moving average is $36.86 and its two-hundred day moving average is $35.92.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.09. The firm had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.87 billion. KBR had a net margin of 5.49% and a return on equity of 32.55%. The business's revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities analysts anticipate that KBR, Inc. will post 4.01 earnings per share for the current year.

KBR Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be given a $0.1650 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, September 15th. KBR's dividend payout ratio (DPR) is currently 19.88%.

KBR Company Profile

KBR, Inc is a global technology, engineering, and government services company headquartered in Houston, Texas. The company provides solutions for government and commercial customers in areas including defense, space, intelligence, energy, chemicals, infrastructure, and industrial services.

Through its Government Solutions segment, KBR supports defense and intelligence missions, NASA and other space programs, logistics, science and research, cybersecurity, and other critical government operations.

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