Jack Moore Purchases 4,000 Shares of KBR (NYSE:KBR) Stock

KBR, Inc. (NYSE:KBR) Director Jack Moore bought 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of $31.44 per share, with a total value of $125,760.00. Following the acquisition, 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

KBR Stock Down 0.9%

KBR stock traded down $0.30 during midday trading on Thursday, hitting $32.04. The stock had a trading volume of 1,162,926 shares, compared to its average volume of 1,543,668. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 1.88 and a beta of 0.47. The business has a 50-day moving average of $35.85 and a two-hundred day moving average of $39.94. KBR, Inc. has a 52-week low of $29.94 and a 52-week 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.

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

KBR Dividend Announcement

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

Institutional Investors Weigh In On KBR

Several institutional investors have recently modified their holdings of the business. Edgestream Partners L.P. boosted its position in shares of 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 boosted its position in shares of 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 boosted its position in shares of 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 during the first quarter valued at $2,576,000. Finally, Empowered Funds LLC boosted its position in shares of KBR by 1,031.8% during the first quarter. Empowered Funds LLC now owns 61,682 shares of the construction company’s stock valued at $2,274,000 after buying an additional 56,232 shares during the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

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.