BlackRock Inc. Invests $479.89 Million in KBR, Inc. $KBR

Key Points

• BlackRock acquired 13.9 million KBR shares worth approximately $479.9 million, giving it an 11.02% stake and making it a major shareholder. Institutional investors collectively own 97.02% of KBR.
• KBR exceeded quarterly expectations with $0.99 adjusted EPS versus the $0.90 consensus and revenue of $1.98 billion, up 1.6% year over year. The company reiterated fiscal 2026 EPS guidance of $3.87–$4.22.
• KBR declared a quarterly dividend of $0.165 per share, equivalent to an annualized $0.66 payout and a 1.8% yield. Analysts maintain a consensus “Hold” rating with an average price target of $46.67.

BlackRock Inc. acquired a new position in shares of KBR, Inc. (NYSE:KBR - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 13,897,824 shares of the construction company's stock, valued at approximately $479,892,000. BlackRock Inc. owned about 11.02% of KBR as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in shares of KBR by 89.8% in the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company's stock valued at $25,000 after acquiring an additional 289 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of KBR by 432.5% in the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company's stock worth $29,000 after acquiring an additional 493 shares during the last quarter. Anchor Investment Management LLC increased its position in KBR by 27.5% during the first 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 during the period. Caitong International Asset Management Co. Ltd increased its position in KBR by 101,600.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company's stock worth $48,000 after acquiring an additional 1,016 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in KBR during the 4th quarter valued at $51,000. Institutional investors own 97.02% of the company's stock.

KBR Stock Performance

KBR stock opened at $37.70 on Tuesday. KBR, Inc. has a 52-week low of $29.94 and a 52-week high of $52.23. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a fifty day moving average price of $35.98 and a two-hundred day moving average price of $36.72. The firm has a market capitalization of $4.75 billion, a P/E ratio of 11.35, a P/E/G ratio of 2.08 and a beta of 0.44.

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

KBR Dividend Announcement

The firm 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 dividend of $0.165 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. KBR's dividend payout ratio is 19.88%.

Analyst Ratings Changes

Several research firms have issued reports on KBR. UBS Group raised their price target on shares of KBR from $36.00 to $41.00 and gave the stock a "neutral" rating in a research report on Monday, August 10th. Wall Street Zen upgraded shares of KBR from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Citigroup decreased their target price on KBR from $50.00 to $49.00 and set a "buy" rating on the stock in a research report on Friday, July 31st. Bank of America lowered their price target on KBR from $45.00 to $40.00 and set a "neutral" rating on the stock in a research note on Monday, July 20th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of KBR in a report on Wednesday, June 24th. Three 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average 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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