KBR (NYSE:KBR) Director Carlos Sabater Purchases 14,500 Shares of Stock

KBR, Inc. (NYSE:KBR) Director Carlos Sabater acquired 14,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were acquired at an average cost of $32.47 per share, for a total transaction of $470,815.00. Following the purchase, the director directly owned 35,705 shares of the company’s stock, valued at $1,159,341.35. This represents a 68.38% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

KBR Trading Down 0.9%

NYSE:KBR opened at $32.04 on Friday. KBR, Inc. has a one year low of $29.94 and a one year high of $54.38. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 1.16. The company’s 50-day simple moving average is $35.74 and its 200 day simple moving average is $39.86. The firm has a market capitalization of $4.06 billion, a P/E ratio of 10.23, a PEG ratio of 1.91 and a beta of 0.47.

KBR (NYSE:KBR) last posted its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.92 by $0.04. KBR had a net margin of 5.21% and a return on equity of 33.92%. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the previous year, the firm posted $1.01 earnings per share. KBR’s quarterly revenue was down 4.7% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, analysts forecast that KBR, Inc. will post 4 EPS for the current fiscal year.

KBR Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.66 annualized dividend and a yield of 2.1%. KBR’s payout ratio is presently 21.09%.

Analyst Ratings Changes

Several research firms recently commented on KBR. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Citigroup dropped their target price on shares of KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. UBS Group dropped their target price on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday. Weiss Ratings downgraded shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Finally, Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $53.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Edgestream Partners L.P. increased its holdings in KBR by 312.9% during the first quarter. Edgestream Partners L.P. now owns 112,321 shares of the construction company’s stock valued at $4,140,000 after buying an additional 85,120 shares during the last quarter. Amundi increased its holdings in KBR by 629.1% during the first quarter. Amundi now owns 129,524 shares of the construction company’s stock valued at $4,774,000 after buying an additional 111,760 shares during the last quarter. California State Teachers Retirement System increased its holdings in KBR by 22.2% during the first quarter. California State Teachers Retirement System now owns 149,698 shares of the construction company’s stock valued at $5,518,000 after buying an additional 27,191 shares during the last quarter. Rokos Capital Management LLP purchased a new stake in shares of KBR in the first quarter worth $2,576,000. Finally, Empowered Funds LLC increased its stake in shares of KBR by 1,031.8% in the first quarter. Empowered Funds LLC now owns 61,682 shares of the construction company’s stock worth $2,274,000 after purchasing an additional 56,232 shares in the last quarter. Institutional investors own 97.02% of the company’s stock.

About KBR

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.