KBR Target of Unusually High Options Trading (NYSE:KBR)

KBR, Inc. (NYSE:KBR) was the target of some unusual options trading on Monday. Traders acquired 6,106 put options on the stock. This is an increase of 1,696% compared to the typical volume of 340 put options.

Insider Buying and Selling

In other KBR news, Director Thaer Lewis Von bought 3,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $30.77 per share, with a total value of $92,310.00. Following the acquisition, the director directly owned 10,358 shares of the company’s stock, valued at $318,715.66. The trade was a 40.77% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Shad E. Evans purchased 8,375 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average price of $30.60 per share, with a total value of $256,275.00. Following the purchase, the chief financial officer owned 43,725 shares in the company, valued at $1,337,985. This trade represents a 23.69% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.15% of the company’s stock.

Institutional Trading of KBR

Institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its holdings in KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after buying an additional 289 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in KBR by 207.8% during the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock worth $28,000 after buying an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in KBR by 432.5% during the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock worth $29,000 after buying an additional 493 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in KBR during the third quarter worth about $32,000. Finally, Anchor Investment Management LLC lifted its holdings in shares of KBR by 27.5% in the first quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock valued at $47,000 after purchasing an additional 275 shares in the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

Wall Street Analysts Forecast Growth

KBR has been the topic of a number of recent research reports. Weiss Ratings lowered shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Citigroup dropped their price objective 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. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Wells Fargo & Company dropped their price target on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $55.44.

KBR Stock Performance

Shares of KBR stock traded up $2.18 on Monday, reaching $32.24. 2,579,388 shares of the stock were exchanged, compared to its average volume of 1,538,774. KBR has a 1-year low of $29.94 and a 1-year high of $56.06. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.59. The business has a fifty day moving average price of $36.32 and a two-hundred day moving average price of $40.16. The firm has a market capitalization of $4.09 billion, a PE ratio of 10.30, a PEG ratio of 1.78 and a beta of 0.47.

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

KBR Dividend Announcement

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

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.