Vanguard Personalized Indexing Management LLC Purchases 1,175 Shares of KBR, Inc. $KBR

Vanguard Personalized Indexing Management LLC raised its holdings in shares of KBR, Inc. (NYSE:KBR) by 16.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,196 shares of the construction company’s stock after purchasing an additional 1,175 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in KBR were worth $393,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Voya Investment Management LLC grew its position in KBR by 1.2% during the first quarter. Voya Investment Management LLC now owns 20,095 shares of the construction company’s stock worth $1,001,000 after buying an additional 241 shares in the last quarter. KBC Group NV boosted its position in shares of KBR by 4.8% during the 1st quarter. KBC Group NV now owns 5,703 shares of the construction company’s stock valued at $284,000 after acquiring an additional 260 shares during the last quarter. US Bancorp DE grew its holdings in shares of KBR by 13.5% during the first quarter. US Bancorp DE now owns 2,260 shares of the construction company’s stock worth $113,000 after purchasing an additional 268 shares in the last quarter. GAMMA Investing LLC increased its position in shares of KBR by 37.5% in the second quarter. GAMMA Investing LLC now owns 1,093 shares of the construction company’s stock worth $52,000 after purchasing an additional 298 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its position in shares of KBR by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 37,300 shares of the construction company’s stock worth $1,858,000 after purchasing an additional 300 shares during the last quarter. Institutional investors own 97.02% of the company’s stock.

KBR Stock Performance

KBR stock opened at $44.29 on Friday. The firm has a fifty day simple moving average of $47.97 and a two-hundred day simple moving average of $49.59. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.73. KBR, Inc. has a twelve month low of $42.94 and a twelve month high of $72.60. The company has a market capitalization of $5.71 billion, a PE ratio of 16.05, a P/E/G ratio of 0.86 and a beta of 0.68.

KBR (NYSE:KBR) last announced its quarterly earnings data on Thursday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. KBR had a return on equity of 33.65% and a net margin of 4.52%.The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2.10 billion. During the same period last year, the firm earned $0.83 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. Research analysts expect that KBR, Inc. will post 3.26 EPS for the current year.

KBR Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Stifel Nicolaus lifted their target price on shares of KBR from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, August 1st. DA Davidson dropped their price objective on shares of KBR from $72.00 to $65.00 and set a “buy” rating for the company in a report on Friday, August 1st. Bank of America lowered shares of KBR from a “buy” rating to a “neutral” rating and cut their target price for the stock from $70.00 to $55.00 in a research report on Wednesday, August 13th. Wall Street Zen upgraded KBR from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of KBR in a research note on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, KBR has an average rating of “Hold” and a consensus price target of $62.00.

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.