KBR (NYSE:KBR) Director Carlos Sabater Acquires 14,500 Shares

KBR, Inc. (NYSE:KBR) Director Carlos Sabater acquired 14,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased at an average price of $32.47 per share, for a total transaction of $470,815.00. Following the completion of the transaction, the director owned 35,705 shares in the company, valued at $1,159,341.35. The trade was a 68.38% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

KBR Stock Performance

NYSE KBR traded down $0.30 on Thursday, hitting $32.04. The stock had a trading volume of 1,162,926 shares, compared to its average volume of 1,543,668. KBR, Inc. has a one year low of $29.94 and a one year high of $54.38. 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 has a market cap of $4.06 billion, a price-to-earnings ratio of 10.23, a P/E/G ratio of 1.88 and a beta of 0.47. The company’s 50-day moving average is $35.85 and its two-hundred day moving average is $39.94.

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

KBR Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s payout ratio is 21.09%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in KBR. Envestnet Asset Management Inc. grew its position in KBR by 105.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 120,842 shares of the construction company’s stock worth $5,715,000 after purchasing an additional 61,983 shares in the last quarter. Moore Capital Management LP purchased a new position in KBR during the 3rd quarter worth approximately $16,055,000. Neuberger Berman Group LLC grew its position in KBR by 9.1% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,302,468 shares of the construction company’s stock worth $108,850,000 after purchasing an additional 191,382 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in KBR during the 3rd quarter worth approximately $3,850,000. Finally, HighVista Strategies LLC purchased a new position in KBR during the 3rd quarter worth approximately $1,679,000. Institutional investors and hedge funds own 97.02% of the company’s stock.

Analyst Ratings Changes

KBR has been the topic of a number of recent analyst reports. Wall Street Zen cut KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Citigroup cut their price target on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings cut KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Finally, UBS Group cut their price target on KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday. Five 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. According to MarketBeat, KBR presently has a consensus rating of “Hold” and an average target price of $53.44.

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.