KBR, Inc. (NYSE:KBR – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $30.67 and last traded at $31.2750, with a volume of 147924 shares traded. The stock had previously closed at $32.08.
Analyst Ratings Changes
A number of equities analysts recently commented on the stock. Citigroup lowered their target price on shares of KBR from $53.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Wells Fargo & Company decreased their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Weiss Ratings downgraded KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Finally, Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Five equities 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 company’s stock. According to data from MarketBeat, KBR presently has a consensus rating of “Hold” and an average target price of $55.44.
KBR Trading Up 1.4%
KBR (NYSE:KBR – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.04. KBR had a return on equity of 33.92% and a net margin of 5.21%.The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter last year, the company posted $1.01 earnings per share. The business’s quarterly revenue was down 4.7% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, analysts anticipate 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. Shareholders of record on Monday, June 15th will be given 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 21.09%.
Institutional Investors Weigh In On KBR
Large investors have recently modified their holdings of the company. Royal Bank of Canada raised its position in KBR by 11.2% in the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock valued at $4,073,000 after purchasing an additional 8,243 shares during the last quarter. Goldman Sachs Group Inc. grew its position in KBR by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock worth $31,247,000 after purchasing an additional 211,311 shares during the last quarter. Empowered Funds LLC acquired a new position in KBR in the first quarter valued at $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of KBR by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock valued at $19,704,000 after buying an additional 23,738 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of KBR by 97.1% in the second quarter. American Century Companies Inc. now owns 46,592 shares of the construction company’s stock valued at $2,234,000 after buying an additional 22,957 shares during the last quarter. 97.02% of the stock is owned by institutional investors and hedge funds.
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.
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