KBR (NYSE:KBR) Given New $49.00 Price Target at Citigroup

KBR (NYSE:KBR) had its target price decreased by Citigroup from $50.00 to $49.00 in a report released on Friday,Benzinga reports. Citigroup currently has a buy rating on the construction company’s stock.

Several other research analysts have also weighed in on KBR. Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th. Wells Fargo & Company cut their target price 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. Bank of America reduced their price target on shares of KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Zacks Research upgraded KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Finally, UBS Group lowered their price objective on KBR from $42.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $45.83.

KBR Stock Performance

Shares of KBR opened at $36.63 on Friday. The firm has a market cap of $4.64 billion, a price-to-earnings ratio of 11.03, a PEG ratio of 1.86 and a beta of 0.44. The company has a quick ratio of 1.16, a current ratio of 1.15 and a debt-to-equity ratio of 1.52. The business’s 50 day moving average is $35.07 and its two-hundred day moving average is $37.43. KBR has a 52-week low of $29.94 and a 52-week high of $52.23.

KBR (NYSE:KBR) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.09. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.87 billion. KBR had a net margin of 5.49% and a return on equity of 32.55%. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Analysts forecast that KBR will post 4 EPS for the current fiscal year.

KBR Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th were paid a dividend of $0.165 per share. The ex-dividend date was Monday, June 15th. This represents a $0.66 annualized dividend and a yield of 1.8%. KBR’s payout ratio is presently 19.88%.

Insider Buying and Selling at KBR

In other KBR news, Director Jack B. Moore bought 4,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost of $31.44 per share, with a total value of $125,760.00. Following the completion of the acquisition, the director owned 54,352 shares of the company’s stock, valued at approximately $1,708,826.88. This trade represents a 7.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thaer Lewis Von purchased 3,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $30.77 per share, with a total value of $92,310.00. Following the completion of the acquisition, the director directly owned 10,358 shares in the company, valued at approximately $318,715.66. This trade represents a 40.77% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 29,875 shares of company stock valued at $945,160 over the last three months. 1.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On KBR

A number of large investors have recently bought and sold shares of the business. Invesco Ltd. grew its holdings in shares of KBR by 3.5% during the fourth quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock valued at $230,622,000 after purchasing an additional 192,383 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of KBR by 10.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company’s stock worth $112,834,000 after purchasing an additional 255,948 shares during the period. Morgan Stanley lifted its holdings in shares of KBR by 343.5% in the 4th 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 during the last quarter. Neuberger Berman Group LLC lifted its holdings in shares of KBR by 12.4% in the 4th quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company’s stock worth $104,046,000 after purchasing an additional 284,907 shares during the last quarter. Finally, Snyder Capital Management L P boosted its position in KBR by 1.4% during the 4th quarter. Snyder Capital Management L P now owns 2,496,913 shares of the construction company’s stock valued at $100,376,000 after purchasing an additional 34,495 shares during the period. Institutional investors own 97.02% of the company’s stock.

Key Headlines Impacting KBR

Here are the key news stories impacting KBR this week:

• Positive Sentiment: KBR reported adjusted earnings per share of $0.99 and revenue of $1.98 billion, exceeding analyst expectations of $0.90 and $1.89 billion, respectively. Adjusted EBITDA rose 7% to $258 million, while net income increased 32% year over year. KBR Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Sustainable Technology Solutions posted a record backlog of approximately $5.5 billion and a 1.5x book-to-bill ratio, supported by awards for ammonia, sustainable aviation fuel and e-fuels projects. Companywide backlog and options totaled $23.0 billion.
• Positive Sentiment: Management reaffirmed fiscal 2026 revenue guidance of roughly $7.9 billion to $8.36 billion and adjusted EPS guidance of $3.87 to $4.22, signaling confidence despite a mixed operating environment.
• Positive Sentiment: The planned separation of Mission Technology Solutions remains on track for January 4, 2027. KBR also introduced the planned independent company’s name, Trinzic, along with its branding. KBR Unveils Trinzic
• Positive Sentiment: Citigroup maintained a “buy” rating while lowering its price target modestly from $50 to $49, still implying substantial potential upside. Two reported insider purchases over the past six months also provide a supportive signal.
• Neutral Sentiment: Analyst and institutional positioning remains mixed: several large investors added KBR shares, while others—including Franklin Resources, Morgan Stanley and Boston Partners—reduced holdings.
• Negative Sentiment: Investors noted margin pressure in parts of the business, with the quarter’s consolidated net margin at 5.21%. The lower end of the EPS outlook is also below the current consensus estimate of approximately $3.97.

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.