Energy Income Partners LLC Purchases Shares of 194,142 KBR, Inc. $KBR

Energy Income Partners LLC acquired a new position in shares of KBR, Inc. (NYSE:KBR - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 194,142 shares of the construction company's stock, valued at approximately $6,704,000. Energy Income Partners LLC owned 0.15% of KBR at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Prescott Group Capital Management L.L.C. lifted its holdings in shares of KBR by 140.4% during the fourth quarter. Prescott Group Capital Management L.L.C. now owns 186,330 shares of the construction company's stock worth $7,490,000 after purchasing an additional 108,830 shares during the period. Huber Capital Management LLC raised its position in KBR by 18.1% during the 4th quarter. Huber Capital Management LLC now owns 922,460 shares of the construction company's stock worth $37,083,000 after buying an additional 141,587 shares during the last quarter. Hsbc Holdings PLC lifted its stake in KBR by 88.1% during the 1st quarter. Hsbc Holdings PLC now owns 183,164 shares of the construction company's stock valued at $6,673,000 after acquiring an additional 85,805 shares during the period. New Age Alpha Advisors LLC acquired a new stake in KBR during the 4th quarter valued at approximately $4,813,000. Finally, MUFG Securities EMEA plc acquired a new position in KBR during the fourth quarter valued at $9,194,000. 97.02% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Citigroup lowered their target price on KBR from $50.00 to $49.00 and set a "buy" rating on the stock in a research note on Friday, July 31st. Wall Street Zen raised KBR from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. UBS Group lifted their target price on shares of KBR from $36.00 to $41.00 and gave the company a "neutral" rating in a report on Monday, August 10th. Weiss Ratings reissued a "sell (d+)" rating on shares of KBR in a report on Wednesday, June 24th. Finally, Bank of America cut their price objective 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. Three 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's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $46.67.

KBR News Roundup

Here are the key news stories impacting KBR this week:

• Positive Sentiment: KBR’s Mission Technology Solutions business won a NATO recompete contract with an initial ceiling of $60 million over five years to support the PATRIOT air and missile defense system and its integration with the Integrated Battle Command System. The work includes command-and-control, engineering and sustainment services worldwide, reinforcing KBR’s defense backlog and expertise in a priority area for NATO and the U.S. KBR Awarded $60 Million Contract to Accelerate Air and Missile Defense Readiness
• Positive Sentiment: The award highlights four decades of KBR experience supporting PATRIOT systems and could strengthen investor confidence in its Mission Technology Solutions growth prospects. However, the contract’s $60 million figure is an initial ceiling rather than guaranteed revenue. KBR Wins $60 Million NATO Contract to Support PATRIOT Air and Missile Defense System
• Neutral Sentiment: KBR plans to spin off Mission Technology Solutions as an independent public company called Trinzic in January 2027. The business is expected to launch with more than $5 billion in annual revenue and 18,000 employees, but the separation means the contract’s longer-term benefits may accrue to Trinzic rather than remain entirely within KBR.
• Neutral Sentiment: Multiple reports describe confusion, delays and traffic diversions after Hyderabad police introduced a one-way system around KBR Park. “KBR Park” refers to Kasu Brahmananda Reddy National Park in India and is unrelated to KBR, Inc.; these reports have no apparent financial impact on the company. KBR Park one-way traffic system triggers confusion and snarls in Hyderabad

KBR Stock Up 0.1%

KBR stock opened at $37.61 on Wednesday. The stock has a market capitalization of $4.74 billion, a P/E ratio of 11.33, a P/E/G ratio of 2.08 and a beta of 0.44. The firm has a 50-day simple moving average of $35.74 and a 200-day simple moving average of $36.85. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.52. 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 issued its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share 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 analyst estimates of $1.87 billion. KBR had a net margin of 5.49% and a return on equity of 32.55%. KBR's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the company posted $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities analysts forecast that KBR, Inc. will post 4 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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