KBR, Inc. $KBR Shares Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund raised its holdings in KBR, Inc. (NYSE:KBR - Free Report) by 68.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 131,860 shares of the construction company's stock after buying an additional 53,623 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.10% of KBR worth $4,860,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in shares of KBR by 432.5% during 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 period. Farther Finance Advisors LLC grew its stake in KBR by 89.8% during the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company's stock worth $25,000 after purchasing an additional 289 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in KBR by 101,600.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company's stock worth $48,000 after purchasing an additional 1,016 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in KBR by 98.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,228 shares of the construction company's stock valued at $59,000 after purchasing an additional 608 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of KBR in the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 97.02% of the company's stock.

Insider Activity at KBR

In related news, Director Carlos A. Sabater purchased 14,500 shares of the business's stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average cost of $32.47 per share, for a total transaction of $470,815.00. Following the purchase, the director directly owned 35,705 shares of the company's stock, valued at $1,159,341.35. The trade was a 68.38% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jack B. Moore purchased 4,000 shares of KBR stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average cost of $31.44 per share, with a total value of $125,760.00. Following the completion of the transaction, the director owned 54,352 shares of the company's stock, valued at $1,708,826.88. The trade was a 7.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 29,875 shares of company stock worth $945,160. Corporate insiders own 1.15% of the company's stock.

KBR Trading Down 4.0%

KBR opened at $35.92 on Thursday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.16 and a current ratio of 1.16. KBR, Inc. has a one year low of $29.94 and a one year high of $52.23. The company has a market cap of $4.55 billion, a P/E ratio of 11.48, a PEG ratio of 2.02 and a beta of 0.44. The business's 50-day simple moving average is $34.96 and its 200-day simple moving average is $37.51.

KBR (NYSE:KBR - Get Free Report) last posted its earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. The firm had revenue of $1.92 billion during the quarter, compared to analysts' expectations of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.The firm's revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities research analysts expect that KBR, Inc. will post 4 EPS for the current fiscal year.

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Monday, June 15th. KBR's payout ratio is currently 21.09%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on KBR. UBS Group lowered their price objective on KBR from $42.00 to $36.00 and set a "neutral" rating for the company in a research report on Thursday, May 21st. Weiss Ratings reiterated a "sell (d+)" rating on shares of KBR in a research note on Wednesday, June 24th. Citigroup lowered their price target on shares of KBR from $53.00 to $50.00 and set a "buy" rating for the company in a report on Wednesday, May 6th. Bank of America dropped their price objective on shares of KBR from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Monday, July 20th. Finally, Zacks Research upgraded shares of KBR from a "strong sell" rating to a "hold" rating in a report on Friday, April 10th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, KBR has a consensus rating of "Hold" and an average price target of $52.62.

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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