Fort Washington Investment Advisors Inc. OH Reduces Stock Position in KBR, Inc. $KBR

Fort Washington Investment Advisors Inc. OH decreased its position in KBR, Inc. (NYSE:KBR) by 12.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 467,256 shares of the construction company’s stock after selling 67,980 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 0.37% of KBR worth $18,784,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KBR. Envestnet Asset Management Inc. lifted its stake in shares of KBR by 105.3% during the third quarter. Envestnet Asset Management Inc. now owns 120,842 shares of the construction company’s stock valued at $5,715,000 after buying an additional 61,983 shares during the period. Moore Capital Management LP acquired a new stake in KBR during the third quarter worth approximately $16,055,000. Neuberger Berman Group LLC grew its stake in KBR by 9.1% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,302,468 shares of the construction company’s stock worth $108,850,000 after acquiring an additional 191,382 shares during the period. HighVista Strategies LLC acquired a new position in KBR in the 3rd quarter valued at $1,679,000. Finally, Van ECK Associates Corp raised its holdings in KBR by 4.7% in the 3rd quarter. Van ECK Associates Corp now owns 2,133,428 shares of the construction company’s stock valued at $100,890,000 after acquiring an additional 96,188 shares during the last quarter. 97.02% of the stock is currently owned by hedge funds and other institutional investors.

KBR Stock Down 1.4%

Shares of NYSE KBR opened at $37.01 on Friday. KBR, Inc. has a 52-week low of $36.19 and a 52-week high of $56.78. The firm has a fifty day moving average of $40.79 and a 200-day moving average of $42.78. The stock has a market capitalization of $4.68 billion, a PE ratio of 11.53, a P/E/G ratio of 2.21 and a beta of 0.50. 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) last issued its earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.04. KBR had a return on equity of 35.22% and a net margin of 5.30%.The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period last year, the company posted $0.91 EPS. The business’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. On average, analysts anticipate that KBR, Inc. will post 3.26 EPS for the current year.

KBR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, March 13th. KBR’s dividend payout ratio (DPR) is 20.56%.

Wall Street Analysts Forecast Growth

KBR has been the topic of several analyst reports. Oppenheimer initiated coverage on KBR in a report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 price objective on the stock. Citigroup dropped their target price on KBR from $57.00 to $53.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Weiss Ratings upgraded KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 11th. Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Finally, Zacks Research cut KBR from a “hold” rating to a “strong sell” rating in a report on Thursday, March 12th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $57.00.

KBR 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.