Insider Buying: KBR (NYSE:KBR) CFO Purchases 8,375 Shares of Stock

KBR, Inc. (NYSE:KBR) CFO Shad Evans acquired 8,375 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $30.60 per share, with a total value of $256,275.00. Following the completion of the acquisition, the chief financial officer owned 43,725 shares in the company, valued at approximately $1,337,985. This represents a 23.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

KBR Price Performance

KBR traded down $0.89 during trading on Friday, reaching $29.99. 1,539,167 shares of the company traded hands, compared to its average volume of 1,869,784. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.16 and a current ratio of 1.16. KBR, Inc. has a 12-month low of $29.94 and a 12-month high of $56.40. The firm has a fifty day simple moving average of $36.32 and a 200 day simple moving average of $40.18. The company has a market cap of $3.80 billion, a P/E ratio of 9.58, a PEG ratio of 1.83 and a beta of 0.47.

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

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders 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 yield of 2.2%. The ex-dividend date of this dividend is Monday, June 15th. KBR’s dividend payout ratio (DPR) is 21.09%.

Analyst Ratings Changes

A number of research firms recently weighed in on KBR. Zacks Research raised shares of KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Citigroup cut their target price on shares of KBR from $53.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Weiss Ratings lowered shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Finally, Wells Fargo & Company cut their target price on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, KBR has a consensus rating of “Hold” and an average target price of $55.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its stake in KBR by 105.3% during the third quarter. Envestnet Asset Management Inc. now owns 120,842 shares of the construction company’s stock worth $5,715,000 after buying an additional 61,983 shares during the period. Moore Capital Management LP purchased a new position in KBR during the third quarter worth $16,055,000. Neuberger Berman Group LLC boosted its stake in KBR by 9.1% during the third quarter. Neuberger Berman Group LLC now owns 2,302,468 shares of the construction company’s stock worth $108,850,000 after buying an additional 191,382 shares during the period. Tudor Investment Corp ET AL purchased a new position in KBR during the third quarter worth $3,850,000. Finally, HighVista Strategies LLC purchased a new position in KBR during the third quarter worth $1,679,000. 97.02% of the stock is owned by hedge funds and other institutional investors.

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.