Royal Bank of Canada Sells 149,894 Shares of KBR, Inc. $KBR

Key Points

• Royal Bank of Canada cut its KBR stake by 66.7%, selling 149,894 shares and retaining 74,769 shares worth approximately $2.76 million. Institutional investors collectively own 97.02% of KBR.
• KBR reported quarterly EPS of $0.99, beating estimates of $0.90, while revenue reached $1.98 billion versus expectations of $1.87 billion. The company issued fiscal 2026 EPS guidance of $3.87 to $4.22.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $46.67; KBR shares recently opened at $38.45.

Royal Bank of Canada decreased its position in shares of KBR, Inc. (NYSE:KBR - Free Report) by 66.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,769 shares of the construction company's stock after selling 149,894 shares during the quarter. Royal Bank of Canada owned about 0.06% of KBR worth $2,756,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Morgan Stanley raised its holdings in KBR by 343.5% in the fourth quarter. Morgan Stanley now owns 2,748,597 shares of the construction company's stock worth $110,494,000 after purchasing an additional 2,128,895 shares during the period. Wellington Management Group LLP grew its holdings in shares of KBR by 1,611.4% in the 3rd quarter. Wellington Management Group LLP now owns 1,974,327 shares of the construction company's stock valued at $93,366,000 after buying an additional 1,858,961 shares during the period. Norges Bank acquired a new position in shares of KBR in the 4th quarter valued at $71,785,000. Engine Capital Management LP increased its position in shares of KBR by 1,129.3% in the 1st quarter. Engine Capital Management LP now owns 1,531,313 shares of the construction company's stock valued at $56,444,000 after buying an additional 1,406,746 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new stake in KBR during the 3rd quarter worth $54,038,000. Institutional investors and hedge funds own 97.02% of the company's stock.

KBR Trading Up 0.2%

KBR opened at $38.45 on Monday. The stock has a market capitalization of $4.85 billion, a P/E ratio of 11.58, a P/E/G ratio of 2.08 and a beta of 0.44. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.52. KBR, Inc. has a 12 month low of $29.94 and a 12 month high of $52.23. The firm's fifty day simple moving average is $35.65 and its 200 day simple moving average is $36.92.

KBR (NYSE:KBR - Get Free Report) last released its earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.90 by $0.09. The firm had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.87 billion. KBR had a return on equity of 32.55% and a net margin of 5.49%.The company's revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, research analysts anticipate that KBR, Inc. will post 4 EPS for the current fiscal year.

Insider Transactions at KBR

In other news, Director Jack B. Moore acquired 4,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of $31.44 per share, for a total transaction of $125,760.00. Following the completion of the acquisition, the director owned 54,352 shares in the company, valued at $1,708,826.88. This represents a 7.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Carlos A. Sabater bought 14,500 shares of the company's stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased at an average cost of $32.47 per share, for a total transaction of $470,815.00. Following the transaction, the director owned 35,705 shares in the company, valued at $1,159,341.35. The trade was a 68.38% increase in their position. The SEC filing for this purchase provides additional information. 1.15% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Weiss Ratings reiterated a "sell (d+)" rating on shares of KBR in a report on Wednesday, June 24th. UBS Group increased their price target on KBR from $36.00 to $41.00 and gave the stock a "neutral" rating in a report on Monday, August 10th. Citigroup cut 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. Wall Street Zen upgraded KBR from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Finally, Bank of America lowered their target price on KBR from $45.00 to $40.00 and set a "neutral" rating for the company in a research note on Monday, July 20th. Three investment 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $46.67.

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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