Van ECK Associates Corp Increases Stock Position in KBR, Inc. $KBR

Key Points

• Van ECK Associates Corp increased its stake in KBR by 4.7% in Q3, buying an additional 96,188 shares to hold 2,133,428 shares (about 1.68% of the company) worth $100.89 million.
• KBR beat quarterly EPS expectations with $0.99 vs. $0.95 consensus while revenue fell 10.6% year‑over‑year; management set FY2026 guidance of 3.870–4.220 EPS and analysts project roughly 3.26 EPS for the current fiscal year.
• Shares are down 3.9%, trading near $37.85 with a market cap of $4.79 billion and a P/E of 11.79, and the company announced a quarterly dividend of $0.165 (annualized $0.66, ~1.7% yield; ex‑dividend March 13, payable April 15).

Van ECK Associates Corp grew its position in shares of KBR, Inc. (NYSE:KBR - Free Report) by 4.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 2,133,428 shares of the construction company's stock after acquiring an additional 96,188 shares during the quarter. Van ECK Associates Corp owned about 1.68% of KBR worth $100,890,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its stake in shares of KBR by 207.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company's stock worth $28,000 after acquiring an additional 401 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of KBR by 432.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company's stock worth $29,000 after purchasing an additional 493 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 acquiring an additional 608 shares during the period. Wilmington Savings Fund Society FSB bought a new position in KBR in the third quarter worth about $70,000. Finally, Parkside Financial Bank & Trust lifted its position in KBR by 65.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,853 shares of the construction company's stock valued at $89,000 after acquiring an additional 730 shares during the last quarter. Hedge funds and other institutional investors own 97.02% of the company's stock.

KBR Stock Down 3.9%

Shares of NYSE KBR opened at $37.85 on Wednesday. The firm has a market cap of $4.79 billion, a price-to-earnings ratio of 11.79, a price-to-earnings-growth ratio of 0.98 and a beta of 0.50. The company's 50-day simple moving average is $42.32 and its 200-day simple moving average is $43.88. KBR, Inc. has a 52-week low of $37.21 and a 52-week high of $56.78. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.68.

KBR (NYSE:KBR - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.04. KBR had a net margin of 5.30% and a return on equity of 35.22%. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the previous year, the business posted $0.91 earnings per share. KBR's quarterly revenue was down 10.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities analysts predict that KBR, Inc. will post 3.26 EPS for the current fiscal year.

KBR Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, March 13th. KBR's payout ratio is currently 20.56%.

Wall Street Analysts Forecast Growth

KBR has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of KBR from a "buy" rating to a "hold" rating in a report on Sunday, March 1st. Weiss Ratings cut KBR from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, February 25th. Citigroup cut their price objective on KBR from $57.00 to $53.00 and set a "buy" rating on the stock in a report on Monday, January 26th. Oppenheimer initiated coverage on KBR in a research report on Tuesday, December 2nd. They issued an "outperform" rating and a $60.00 target price on the stock. Finally, Wells Fargo & Company started coverage on shares of KBR in a research report on Thursday, November 13th. They set an "equal weight" rating and a $45.00 price target for the company. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, KBR presently has an average rating of "Hold" and a consensus target price of $57.00.

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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