Man Group plc acquired a new position in KBR, Inc. (NYSE:KBR - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 38,029 shares of the construction company's stock, valued at approximately $1,313,000.
Several other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC raised its stake 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 purchasing an additional 289 shares in the last quarter. Allworth Financial LP acquired a new stake in KBR during the second quarter worth $27,000. EverSource Wealth Advisors LLC increased its holdings in KBR by 432.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company's stock valued at $29,000 after buying an additional 493 shares during the period. Anchor Investment Management LLC increased its holdings in KBR by 27.5% in the 1st quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company's stock valued at $47,000 after buying an additional 275 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of KBR by 101,600.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company's stock valued at $48,000 after buying an additional 1,016 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company's stock.
KBR Trading Up 0.1%
Shares of KBR stock opened at $36.98 on Thursday. KBR, Inc. has a 12-month low of $29.94 and a 12-month high of $52.23. The company has a market capitalization of $4.66 billion, a P/E ratio of 11.14, a P/E/G ratio of 2.00 and a beta of 0.44. The firm has a 50-day moving average price of $36.57 and a 200 day moving average price of $36.48. 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 (NYSE:KBR - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.87 billion. During the same period in the prior year, the firm earned $0.91 earnings per share. The company'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. Research analysts forecast that KBR, Inc. will post 4.01 earnings per share for the current fiscal year.
KBR Announces Dividend
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 issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, September 15th. KBR's dividend payout ratio (DPR) is currently 19.88%.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the stock. Bank of America decreased their target price 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. Weiss Ratings reissued a "sell (d+)" rating on shares of KBR in a research report on Wednesday, June 24th. 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 note on Monday, August 10th. Citigroup decreased their price objective on KBR from $50.00 to $49.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Finally, Wall Street Zen upgraded KBR from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $46.67.
Check Out Our Latest Stock Report on KBR
KBR Company Profile
(
Free Report)
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.
Featured Articles
Want to see what other hedge funds are holding KBR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KBR, Inc. (NYSE:KBR - Free Report).

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.
Before you consider KBR, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KBR wasn't on the list.
While KBR currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.
This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.