Lone Peak International Buyers disclosed a brand new place in KBR (NYSE:KBR) in its Might 14, 2026, SEC submitting, buying 584,372 shares in a commerce estimated at $24.00 million based mostly on common quarterly pricing.
What occurred
In keeping with a Securities and Trade Fee (SEC) submitting dated Might 14, 2026, Lone Peak International Buyers initiated a brand new stake in KBR (NYSE:KBR), buying 584,372 shares. The estimated transaction worth is $24.00 million, calculated utilizing the common unadjusted shut for the primary quarter of 2026. At quarter’s finish, the place was valued at $21.54 million, a determine that comes with each buying and selling exercise and inventory value adjustments.
What else to know
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This was a brand new place for Lone Peak International Buyers, representing 3.5873% of reportable property underneath administration after the commerce
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Prime 5 fund holdings after the submitting:
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NASDAQ:HSIC: $27.82 million (4.6% of AUM)
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NASDAQ:KDP: $27.24 million (4.5% of AUM)
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NYSE:UPS: $26.14 million (4.4% of AUM)
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NYSE:OPLN: $24.98 million (4.2% of AUM)
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NYSE:CAH: $24.12 million (4.0% of AUM)
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As of Might 14, 2026, KBR shares have been priced at $30.88, down 45% over the previous yr and properly underperforming the S&P 500, which is as a substitute up about 25% in the identical interval.
Firm overview
|
Metric |
Worth |
|---|---|
|
Income (TTM) |
$7.69 billion |
|
Internet Revenue (TTM) |
$401.00 million |
|
Dividend Yield |
2% |
|
Worth (as of market shut Might 14, 2026) |
$30.88 |
Firm snapshot
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KBR offers scientific, expertise, and engineering options, with income streams from authorities contracts and proprietary course of applied sciences throughout protection, intelligence, house, vitality transition, and industrial sectors.
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The agency operates a dual-segment mannequin: Authorities Options delivers lifecycle assist, methods engineering, and mission-critical companies to protection and authorities companies, whereas Sustainable Expertise Options commercializes proprietary applied sciences, consulting, and digital industrial platforms.
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Its main prospects embody U.S., U.Ok., and Australian authorities companies, in addition to international business purchasers in vitality, chemical substances, and industrial markets.
KBR is a world supplier of engineering, expertise, {and professional} companies, serving each authorities and business markets. The corporate leverages a diversified portfolio of proprietary applied sciences and deep experience in mission-critical authorities applications to drive secure, recurring revenues. Its give attention to vitality transition and digital options positions KBR as a strategic associate for purchasers in search of innovation and operational effectivity in advanced environments.
What this transaction means for traders
With its new place, Lone Peak appears to be suggesting that the market could also be underestimating how a lot worth KBR’s deliberate breakup and government-focused backlog might unlock over the following few years. After a tough selloff this previous yr, Lone Peak seems to be leaning right into a enterprise that also has long-duration contracts, regular money movement, and publicity to protection, AI infrastructure, vitality transition, and house applications.
KBR’s first quarter was messy on the floor, with income falling 5% to $1.9 billion as European navy contingency work rolled off. Internet revenue additionally slipped 12% to $102 million. However beneath that, there have been indicators of resilience. Adjusted EBITDA really rose 1% to $251 million, backlog and choices remained large at $23.2 billion, and book-to-bill stayed constructive at 1.1x.
The corporate additionally continues successful massive contracts tied to AI-enabled protection methods, logistics, refinery upkeep, and house infrastructure. Administration continues to be focusing on a tax-free spin-off of its Mission Expertise Options enterprise in January, arguing the cut up might create two extra targeted corporations, which might finally assist flip issues round.
