Van ECK Associates Corp Has $57.37 Million Holdings in KBR, Inc. $KBR

Key Points

• Van ECK Associates reduced its KBR stake by 10.3% in the second quarter, selling 191,082 shares while retaining 1.66 million shares worth approximately $57.4 million. Institutional investors collectively own 97.02% of KBR.
• KBR exceeded quarterly expectations, reporting $0.99 in adjusted EPS versus a $0.90 consensus and revenue of $1.98 billion versus $1.87 billion expected. The company maintained fiscal 2026 EPS guidance of $3.87–$4.22.
• KBR declared a quarterly dividend of $0.165 per share, equivalent to an annualized $0.66 payout and a 1.7% yield. Analysts maintain a consensus “Hold” rating with an average price target of $46.67.

Van ECK Associates Corp trimmed its holdings in shares of KBR, Inc. (NYSE:KBR - Free Report) by 10.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,661,519 shares of the construction company's stock after selling 191,082 shares during the period. Van ECK Associates Corp owned approximately 1.32% of KBR worth $57,372,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Kingsview Wealth Management LLC bought a new position in KBR during the second quarter worth $4,627,000. Empowered Funds LLC bought a new stake in KBR in the second quarter valued at $391,000. Equitable Holdings Inc. bought a new stake in KBR in the second quarter valued at $541,000. Public Employees Retirement System of Ohio acquired a new position in shares of KBR during the second quarter valued at about $1,235,000. Finally, Capstone Investment Advisors LLC bought a new position in shares of KBR during the 2nd quarter worth about $1,886,000. Institutional investors and hedge funds own 97.02% of the company's stock.

KBR Price Performance

KBR stock opened at $38.02 on Friday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.15 and a current ratio of 1.15. The business has a 50-day simple moving average of $36.32 and a two-hundred day simple moving average of $36.63. The company has a market capitalization of $4.79 billion, a P/E ratio of 11.45, a price-to-earnings-growth ratio of 2.05 and a beta of 0.44. 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 data on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.90 by $0.09. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.87 billion. KBR had a return on equity of 32.55% and a net margin of 5.49%.The company's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Research analysts expect that KBR, Inc. will post 4.01 EPS for the current fiscal year.

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.66 annualized dividend and a yield of 1.7%. KBR's dividend payout ratio (DPR) is 19.88%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of KBR in a research report on Wednesday, June 24th. Wall Street Zen upgraded KBR from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. UBS Group raised their price objective on KBR from $36.00 to $41.00 and gave the company a "neutral" rating in a research note on Monday, August 10th. Bank of America decreased their price objective on KBR from $45.00 to $40.00 and set a "neutral" rating for the company in a report on Monday, July 20th. Finally, Citigroup cut their target price on KBR from $50.00 to $49.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, KBR presently has a consensus rating of "Hold" and a consensus price target of $46.67.

About KBR

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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