Bank of America Corp DE Sells 268,858 Shares of KBR, Inc. $KBR

Key Points

• Bank of America cut its KBR stake by 40.2%, selling 268,858 shares in the first quarter and retaining 400,177 shares valued at approximately $14.75 million. Institutional investors still own 97.02% of KBR.
• KBR reported quarterly EPS of $0.99, beating estimates by $0.09, while revenue rose 1.6% year over year to $1.98 billion. The company issued full-year 2026 EPS guidance of $3.87–$4.22.
• KBR declared a quarterly dividend of $0.165 per share, representing a $0.66 annualized payout and roughly 1.7% yield. Analysts maintain a consensus “Hold” rating with an average price target of $46.67, compared with a recent price of $38.58.

Bank of America Corp DE trimmed its position in KBR, Inc. (NYSE:KBR - Free Report) by 40.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 400,177 shares of the construction company's stock after selling 268,858 shares during the period. Bank of America Corp DE owned about 0.32% of KBR worth $14,751,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Royal Bank of Canada lifted its stake in shares of KBR by 11.2% in the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company's stock valued at $4,073,000 after purchasing an additional 8,243 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in KBR by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company's stock worth $31,247,000 after purchasing an additional 211,311 shares during the period. Empowered Funds LLC bought a new stake in KBR during the 1st quarter valued at $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of KBR by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company's stock worth $19,704,000 after buying an additional 23,738 shares during the period. Finally, American Century Companies Inc. grew its position in shares of KBR by 97.1% during the 2nd quarter. American Century Companies Inc. now owns 46,592 shares of the construction company's stock worth $2,234,000 after buying an additional 22,957 shares in the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.

KBR Stock Performance

NYSE KBR opened at $38.58 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.52. The stock has a market cap of $4.86 billion, a PE ratio of 11.62, a P/E/G ratio of 2.05 and a beta of 0.44. The stock has a fifty day simple moving average of $35.92 and a 200-day simple moving average of $36.79. KBR, Inc. has a twelve month low of $29.94 and a twelve month high of $52.23.

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 the consensus estimate of $0.90 by $0.09. KBR had a return on equity of 32.55% and a net margin of 5.49%.The business had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.87 billion. During the same period last year, the firm earned $0.91 earnings per share. The company's revenue for the quarter was up 1.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities analysts anticipate that KBR, Inc. will post 4 earnings per share for the current year.

KBR Dividend Announcement

The business 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 $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, September 15th. KBR's payout ratio is 19.88%.

KBR News Roundup

Here are the key news stories impacting KBR this week:

• Positive Sentiment: Zacks Research raised its FY2028 EPS forecast for KBR to $4.93 from $4.82 and increased its Q2 2028 estimate to $1.23 from $1.12. These upgrades suggest analysts see stronger earnings potential beyond the current year.
• Positive Sentiment: KBR declared a regular quarterly dividend of $0.165 per share, payable October 15 to shareholders of record September 15. The dividend represents an annualized payout of approximately $0.66 and a yield of about 1.7%, supporting the investment case for income-focused shareholders. KBR Declares Quarterly Dividend of $0.165 Per Share
• Neutral Sentiment: The analyst changes were not uniformly bullish: Zacks maintained estimates of $1.12 for Q3 2027 and $1.17 for Q4 2027, while the current full-year consensus remains approximately $4.00 EPS. Investors may view the outlook as improving longer term but uneven over the intermediate quarters.
• Negative Sentiment: Zacks trimmed its Q3 2027 EPS estimate to $1.12 from $1.13 and its Q4 2027 estimate to $1.17 from $1.19. The small reductions could limit near-term enthusiasm and indicate some caution regarding quarterly execution.

Analyst Ratings Changes

Several equities analysts have issued reports on KBR shares. UBS Group lifted their target price on KBR from $36.00 to $41.00 and gave the company a "neutral" rating in a research note on Monday, August 10th. Bank of America reduced their price objective on shares of KBR from $45.00 to $40.00 and set a "neutral" rating for the company in a research note on Monday, July 20th. Citigroup cut their price target on shares of KBR from $50.00 to $49.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Wall Street Zen upgraded KBR from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of KBR in a research report on Wednesday, June 24th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, KBR presently has a consensus rating of "Hold" and an average target price of $46.67.

KBR Company 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.

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