KBR, Inc. $KBR Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in KBR, Inc. (NYSE:KBR - Free Report) by 2.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 859,868 shares of the construction company's stock after buying an additional 17,852 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.66% of KBR worth $42,830,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. LRI Investments LLC acquired a new stake in shares of KBR in the fourth quarter valued at about $31,000. GAMMA Investing LLC increased its holdings in KBR by 295.5% during the 1st quarter. GAMMA Investing LLC now owns 795 shares of the construction company's stock worth $40,000 after purchasing an additional 594 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in KBR during the 1st quarter worth approximately $47,000. UMB Bank n.a. increased its holdings in KBR by 146.9% during the 1st quarter. UMB Bank n.a. now owns 1,311 shares of the construction company's stock worth $65,000 after purchasing an additional 780 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in KBR by 25.2% during the 1st quarter. Fifth Third Bancorp now owns 1,365 shares of the construction company's stock worth $68,000 after purchasing an additional 275 shares during the last quarter. Institutional investors and hedge funds own 97.02% of the company's stock.

KBR Stock Performance

NYSE:KBR traded down $0.2570 during midday trading on Wednesday, reaching $49.6130. 1,006,676 shares of the company traded hands, compared to its average volume of 1,542,762. KBR, Inc. has a twelve month low of $43.89 and a twelve month high of $72.60. The firm has a market capitalization of $6.39 billion, a price-to-earnings ratio of 17.98, a price-to-earnings-growth ratio of 1.00 and a beta of 0.76. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.13 and a quick ratio of 1.13. The company has a fifty day moving average price of $48.62 and a 200 day moving average price of $50.61.

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

Insider Transactions at KBR

In other KBR news, CEO Stuart Bradie sold 20,000 shares of the business's stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $52.81, for a total transaction of $1,056,200.00. Following the completion of the transaction, the chief executive officer owned 802,361 shares in the company, valued at approximately $42,372,684.41. The trade was a 2.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.11% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Wall Street Zen downgraded KBR from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. The Goldman Sachs Group downgraded KBR from a "buy" rating to a "neutral" rating and set a $55.00 price objective on the stock. in a report on Tuesday, May 27th. KeyCorp downgraded KBR from an "overweight" rating to a "sector weight" rating in a report on Monday, June 23rd. DA Davidson decreased their target price on KBR from $72.00 to $65.00 and set a "buy" rating for the company in a research report on Friday, August 1st. Finally, Citigroup decreased their target price on KBR from $77.00 to $69.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $62.78.

KBR Company Profile

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.