Bank of New York Mellon Corp Takes $32.04 Million Position in KBR, Inc. $KBR

Key Points

• Bank of New York Mellon acquired 928,007 KBR shares valued at approximately $32.04 million, representing a 0.74% stake. Institutional investors collectively own 97.02% of the company.
• KBR exceeded quarterly expectations with EPS of $0.99 versus $0.90 expected and revenue of $1.98 billion versus $1.87 billion expected. The company reported 1.6% year-over-year revenue growth and issued fiscal 2026 EPS guidance of $3.87–$4.22.
• KBR declared a quarterly dividend of $0.165 per share, equivalent to a $0.66 annualized payout and a 1.7% yield. Analysts maintain a consensus “Hold” rating with an average price target of $46.67.

Bank of New York Mellon Corp acquired a new stake in shares of KBR, Inc. (NYSE:KBR - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 928,007 shares of the construction company's stock, valued at approximately $32,044,000. Bank of New York Mellon Corp owned 0.74% of KBR at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of KBR. Invesco Ltd. lifted its position in shares of KBR by 3.5% in the fourth quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company's stock valued at $230,622,000 after acquiring an additional 192,383 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of KBR by 10.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company's stock worth $112,834,000 after purchasing an additional 255,948 shares in the last quarter. Morgan Stanley raised its stake in KBR by 343.5% during the 4th quarter. Morgan Stanley now owns 2,748,597 shares of the construction company's stock valued at $110,494,000 after purchasing an additional 2,128,895 shares during the period. Neuberger Berman Group LLC raised its stake in KBR by 12.4% during the 4th quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company's stock valued at $104,046,000 after purchasing an additional 284,907 shares during the period. Finally, Snyder Capital Management L P lifted its holdings in KBR by 1.4% in the 4th quarter. Snyder Capital Management L P now owns 2,496,913 shares of the construction company's stock worth $100,376,000 after purchasing an additional 34,495 shares in the last quarter. Hedge funds and other institutional investors own 97.02% of the company's stock.

KBR Stock Performance

Shares of NYSE:KBR opened at $38.02 on Friday. The firm has a fifty day simple moving average of $36.32 and a two-hundred day simple moving average of $36.63. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.52. The stock has a market capitalization of $4.79 billion, a P/E ratio of 11.45, a PEG ratio of 2.05 and a beta of 0.44. KBR, Inc. has a 52 week low of $29.94 and a 52 week high of $52.23.

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

KBR Announces Dividend

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

Analysts Set New Price Targets

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

About KBR

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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