Analysts Set KBR, Inc. (NYSE:KBR) Target Price at $53.25

Shares of KBR, Inc. (NYSE:KBR) have been given a consensus rating of “Hold” by the ten ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $53.25.

KBR has been the subject of several research analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th. Zacks Research upgraded KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Wells Fargo & Company dropped their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. UBS Group cut their price target on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Finally, Citigroup reduced their price objective on shares of KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th.

Insider Activity at KBR

In other news, Director Jack B. Moore bought 4,000 shares of the stock in a transaction on Wednesday, May 20th. The shares were bought at an average price 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 in the company, valued at $1,708,826.88. The trade was a 7.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Shad E. Evans bought 8,375 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of $30.60 per share, for a total transaction of $256,275.00. Following the completion of the transaction, the chief financial officer directly owned 43,725 shares of the company’s stock, valued at approximately $1,337,985. The trade was a 23.69% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 29,875 shares of company stock valued at $945,160 over the last ninety days. Company insiders own 1.15% of the company’s stock.

Hedge Funds Weigh In On KBR

A number of institutional investors have recently bought and sold shares of KBR. Wedge Capital Management L L P NC increased its position in KBR by 7.3% in the second quarter. Wedge Capital Management L L P NC now owns 117,867 shares of the construction company’s stock worth $4,070,000 after buying an additional 7,987 shares in the last quarter. Steadtrust LLC bought a new position in shares of KBR during the 2nd quarter valued at approximately $449,000. Assenagon Asset Management S.A. bought a new position in shares of KBR during the 2nd quarter valued at approximately $2,615,000. GAMMA Investing LLC increased its holdings in KBR by 456.7% in the 2nd quarter. GAMMA Investing LLC now owns 2,761 shares of the construction company’s stock worth $95,000 after acquiring an additional 2,265 shares in the last quarter. Finally, Carlson Capital L.P. purchased a new stake in KBR in the 1st quarter worth approximately $582,000. 97.02% of the stock is owned by institutional investors.

KBR Stock Down 2.9%

Shares of NYSE KBR opened at $35.13 on Monday. 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 company has a market cap of $4.45 billion, a P/E ratio of 11.22, a P/E/G ratio of 2.15 and a beta of 0.44. KBR has a 52 week low of $29.94 and a 52 week high of $52.23. The business has a 50-day simple moving average of $34.25 and a two-hundred day simple moving average of $37.84.

KBR (NYSE:KBR) last announced its 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. KBR had a net margin of 5.21% and a return on equity of 33.92%. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period last year, the firm posted $1.01 earnings per share. KBR’s quarterly revenue was down 4.7% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Research analysts anticipate that KBR will post 3.98 earnings per share for the current fiscal year.

KBR Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, June 15th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.66 annualized dividend and a dividend yield of 1.9%. KBR’s dividend payout ratio (DPR) is 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.