KBR, Inc. (NYSE:KBR) Given Consensus Recommendation of “Hold” by Analysts

KBR, Inc. (NYSE:KBRGet Free Report) has been given a consensus rating of “Hold” by the ten analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $53.25.

Several research firms have recently commented on KBR. Citigroup dropped their target price on shares of KBR from $53.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. UBS Group reduced their price target on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Zacks Research raised shares of KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Weiss Ratings restated a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th. Finally, Wells Fargo & Company cut their price objective on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th.

Get Our Latest Stock Report on KBR

Insider Transactions at KBR

In other news, Director Jack B. Moore acquired 4,000 shares of the stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $31.44 per share, with a total value of $125,760.00. Following the completion of the transaction, the director owned 54,352 shares of the company’s stock, valued at $1,708,826.88. This represents a 7.94% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Carlos A. Sabater bought 14,500 shares of KBR stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of $32.47 per share, for a total transaction of $470,815.00. Following the completion of the transaction, the director directly owned 35,705 shares in the company, valued at approximately $1,159,341.35. This trade represents a 68.38% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have purchased 29,875 shares of company stock valued at $945,160. Company insiders own 1.15% of the company’s stock.

Hedge Funds Weigh In On KBR

Several large investors have recently made changes to their positions in the business. Morgan Stanley grew its stake in shares of KBR by 343.5% in the 4th quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock worth $110,494,000 after buying an additional 2,128,895 shares during the last quarter. Wellington Management Group LLP raised its stake in KBR by 1,611.4% during the third quarter. Wellington Management Group LLP now owns 1,974,327 shares of the construction company’s stock valued at $93,366,000 after buying an additional 1,858,961 shares during the last quarter. Norges Bank purchased a new position in KBR during the fourth quarter valued at $71,785,000. Engine Capital Management LP boosted its holdings in KBR by 1,129.3% in the first quarter. Engine Capital Management LP now owns 1,531,313 shares of the construction company’s stock worth $56,444,000 after acquiring an additional 1,406,746 shares in the last quarter. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of KBR in the third quarter worth $54,038,000. 97.02% of the stock is currently owned by hedge funds and other institutional investors.

KBR Price Performance

KBR opened at $35.48 on Monday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.16 and a current ratio of 1.16. The stock has a market capitalization of $4.50 billion, a PE ratio of 11.34, a price-to-earnings-growth ratio of 2.11 and a beta of 0.44. The stock’s 50 day moving average price is $34.18 and its 200-day moving average price is $37.99. KBR has a 52-week low of $29.94 and a 52-week high of $52.23.

KBR (NYSE:KBRGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.The firm’s revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities research analysts predict that KBR will post 3.98 EPS for the current year.

KBR Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, June 15th. KBR’s dividend payout ratio (DPR) is presently 21.09%.

KBR Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for KBR (NYSE:KBR)

Receive News & Ratings for KBR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBR and related companies with MarketBeat.com's FREE daily email newsletter.