Cwm LLC Boosts Stake in KBR, Inc. $KBR

Cwm LLC raised its holdings in KBR, Inc. (NYSE:KBR) by 191.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,747 shares of the construction company’s stock after acquiring an additional 4,434 shares during the period. Cwm LLC’s holdings in KBR were worth $323,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC grew its stake in KBR by 16.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 8,196 shares of the construction company’s stock worth $393,000 after buying an additional 1,175 shares in the last quarter. Avion Wealth purchased a new stake in KBR during the second quarter valued at about $163,000. Inspire Investing LLC lifted its stake in KBR by 17.8% during the second quarter. Inspire Investing LLC now owns 8,118 shares of the construction company’s stock worth $389,000 after purchasing an additional 1,226 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of KBR by 15.2% in the 2nd quarter. IFP Advisors Inc now owns 2,653 shares of the construction company’s stock worth $127,000 after purchasing an additional 351 shares in the last quarter. Finally, 111 Capital bought a new position in shares of KBR during the 2nd quarter valued at about $330,000. 97.02% of the stock is owned by hedge funds and other institutional investors.

KBR Stock Performance

KBR stock opened at $44.07 on Monday. KBR, Inc. has a fifty-two week low of $42.94 and a fifty-two week high of $72.60. The stock’s 50 day simple moving average is $47.86 and its two-hundred day simple moving average is $49.58. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a market cap of $5.68 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 0.88 and a beta of 0.68.

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

KBR Announces Dividend

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

Wall Street Analysts Forecast Growth

KBR has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of KBR from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. DA Davidson dropped their target price on KBR from $72.00 to $65.00 and set a “buy” rating for the company in a report on Friday, August 1st. Stifel Nicolaus lifted their price target on KBR from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Citigroup cut their target price on shares of KBR from $67.00 to $62.00 and set a “buy” rating on the stock in a report on Monday, October 20th. Finally, UBS Group cut shares of KBR from a “buy” rating to a “neutral” rating and dropped their price target for the company from $66.00 to $54.00 in a research report on Wednesday, July 2nd. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $62.00.

About KBR

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.