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

KBR, Inc. (NYSE:KBR) Director Carlos Sabater bought 14,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average price of $32.47 per share, for a total transaction of $470,815.00. Following the transaction, the director owned 35,705 shares in the company, valued at $1,159,341.35. This trade represents a 68.38% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

KBR Price Performance

KBR stock opened at $33.47 on Friday. The firm’s 50-day moving average price is $35.66 and its two-hundred day moving average price is $39.82. KBR, Inc. has a 12-month low of $29.94 and a 12-month high of $54.38. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 1.90 and a beta of 0.47. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.59.

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

KBR Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be given a $0.165 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.0%. KBR’s payout ratio is presently 21.09%.

Hedge Funds Weigh In On KBR

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Edgestream Partners L.P. increased 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 period. Amundi increased 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 period. California State Teachers Retirement System increased 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 period. Rokos Capital Management LLP purchased a new position in shares of KBR during the first quarter valued at about $2,576,000. Finally, Empowered Funds LLC increased 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 period. Hedge funds and other institutional investors own 97.02% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on KBR. Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Wall Street Zen cut shares of KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Weiss Ratings cut shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 27th. UBS Group decreased their price objective on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, Citigroup decreased their price objective on shares of KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $53.44.

KBR Company Profile

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.