Insider Buying: KBR (NYSE:KBR) Director Buys $125,760.00 in Stock

KBR, Inc. (NYSE:KBR) Director Jack Moore purchased 4,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were purchased at an average price of $31.44 per share, for a total transaction of $125,760.00. Following the completion of the purchase, the director directly 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 document filed with the SEC, which can be accessed through this link.

KBR Stock Up 4.3%

NYSE:KBR opened at $33.47 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.59. The stock’s fifty day moving average is $35.66 and its two-hundred day moving average is $39.82. KBR, Inc. has a 52 week low of $29.94 and a 52 week high of $54.38. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of 10.69, a price-to-earnings-growth ratio of 1.98 and a beta of 0.47.

KBR (NYSE:KBR) last released its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $1.88 billion. During the same period in the prior year, the firm earned $1.01 earnings per share. The firm’s 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. Research analysts anticipate that KBR, Inc. will post 4 EPS for the current 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 paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, June 15th. KBR’s dividend payout ratio is 21.09%.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On KBR

Hedge funds and other institutional investors have recently modified their holdings of the company. Morgan Stanley grew its stake in shares of KBR by 343.5% during the fourth quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock worth $110,494,000 after purchasing an additional 2,128,895 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of KBR by 1,611.4% during the third quarter. Wellington Management Group LLP now owns 1,974,327 shares of the construction company’s stock worth $93,366,000 after purchasing an additional 1,858,961 shares in the last quarter. Norges Bank acquired a new position in shares of KBR during the fourth quarter worth $71,785,000. Engine Capital Management LP grew its stake in shares of KBR by 1,129.3% during the first quarter. Engine Capital Management LP now owns 1,531,313 shares of the construction company’s stock worth $56,444,000 after purchasing an additional 1,406,746 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in shares of KBR during the third quarter worth $54,038,000. 97.02% of the stock is currently 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.