KBR, Inc. $KBR Shares Bought by IFP Advisors Inc

IFP Advisors Inc raised its stake in KBR, Inc. (NYSE:KBR) by 15.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,653 shares of the construction company’s stock after acquiring an additional 351 shares during the quarter. IFP Advisors Inc’s holdings in KBR were worth $127,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in shares of KBR by 295.5% in the first quarter. GAMMA Investing LLC now owns 795 shares of the construction company’s stock worth $40,000 after acquiring an additional 594 shares during the last quarter. Byrne Asset Management LLC acquired a new position in shares of KBR in the second quarter worth $41,000. Farther Finance Advisors LLC raised its holdings in shares of KBR by 1,402.2% in the first quarter. Farther Finance Advisors LLC now owns 1,367 shares of the construction company’s stock worth $68,000 after acquiring an additional 1,276 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of KBR by 25.2% in the first quarter. Fifth Third Bancorp now owns 1,365 shares of the construction company’s stock worth $68,000 after acquiring an additional 275 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in shares of KBR by 44.1% in the first quarter. Signaturefd LLC now owns 1,438 shares of the construction company’s stock worth $72,000 after acquiring an additional 440 shares during the last quarter. 97.02% of the stock is owned by institutional investors and hedge funds.

KBR Price Performance

Shares of NYSE KBR opened at $43.35 on Friday. KBR, Inc. has a 1-year low of $42.94 and a 1-year high of $72.60. The business has a 50-day moving average of $48.45 and a 200-day moving average of $49.72. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market capitalization of $5.59 billion, a price-to-earnings ratio of 15.71, a PEG ratio of 0.86 and a beta of 0.68.

KBR (NYSE:KBR) last issued its earnings results on Thursday, July 31st. The construction company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. KBR had a return on equity of 33.65% and a net margin of 4.52%.The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the prior year, the business earned $0.83 earnings per share. The company’s revenue was up 5.7% compared to the same quarter last year. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. On average, equities analysts anticipate that KBR, Inc. will post 3.26 EPS for the current fiscal year.

KBR Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 15th will be given a $0.165 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $0.66 annualized dividend and a dividend yield of 1.5%. KBR’s dividend payout ratio is presently 23.91%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on KBR shares. Stifel Nicolaus lifted their price objective on KBR from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Wall Street Zen raised KBR from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. KeyCorp downgraded KBR from an “overweight” rating to a “sector weight” rating in a research report on Monday, June 23rd. DA Davidson lowered their price objective on KBR from $72.00 to $65.00 and set a “buy” rating for the company in a research report on Friday, August 1st. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of KBR in a research report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $62.78.

KBR Company Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.