Citigroup Inc. Reduces Holdings in KBR, Inc.

The financial firm decreased its stake in the construction company by 39% in the third quarter.

Mar. 6, 2026 at 8:35am

Got story updates? Submit your updates here. ›

Citigroup Inc. decreased its holdings in KBR, Inc. (NYSE:KBR) by 39.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,416 shares of the construction company's stock after selling 50,777 shares during the period, valued at $3.76 million.

Why it matters

This filing provides insight into the investment strategies and portfolio adjustments of a major financial institution like Citigroup. Changes in large investor holdings can signal broader market trends and influence the stock price of companies like KBR.

The details

Citigroup sold 50,777 shares of KBR in the third quarter, reducing its total stake to 79,416 shares. This represented about 0.06% ownership of the construction company. The move came as KBR's stock price declined from its 52-week high of $56.78 reached earlier in the year.

  • Citigroup decreased its KBR holdings during the 3rd quarter of 2026.

The players

Citigroup Inc.

A major American multinational investment bank and financial services corporation.

KBR, Inc.

A global engineering, procurement, construction and services company headquartered in Houston, Texas.

Got photos? Submit your photos here. ›

The takeaway

This filing shows how large institutional investors like Citigroup are actively managing their portfolios and adjusting their positions in response to market conditions and company performance. The reduction in Citigroup's KBR stake could signal broader concerns about the construction industry or the company's outlook.