Shares of KBR, Inc. (NYSE:KBR – Get Free Report) have been assigned a consensus rating of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $46.6667.
A number of research firms have commented on KBR. Citigroup reduced their price objective on KBR from $50.00 to $49.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Wall Street Zen raised KBR from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings reiterated a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. Bank of America decreased their price objective on shares of KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Finally, UBS Group raised their price objective on shares of KBR from $36.00 to $41.00 and gave the company a “neutral” rating in a research report on Monday, August 10th.
Check Out Our Latest Analysis on KBR
KBR Stock Performance
KBR (NYSE:KBR – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.09. KBR had a return on equity of 32.55% and a net margin of 5.49%.The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the prior year, the company earned $0.91 EPS. KBR’s revenue for the quarter was up 1.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, sell-side analysts anticipate that KBR will post 4.01 EPS for the current fiscal year.
KBR Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.8%. KBR’s dividend payout ratio (DPR) is currently 19.88%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in KBR in the 2nd quarter valued at $479,892,000. California State Teachers Retirement System raised its position in shares of KBR by 3,256.0% during the second quarter. California State Teachers Retirement System now owns 5,023,839 shares of the construction company’s stock worth $173,473,000 after acquiring an additional 4,874,141 shares during the last quarter. Morgan Stanley lifted 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 valued at $110,494,000 after acquiring an additional 2,128,895 shares during the period. Wellington Management Group LLP lifted 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 valued at $93,366,000 after acquiring an additional 1,858,961 shares during the period. Finally, Norges Bank bought a new position in KBR in the fourth quarter valued at about $71,785,000. Institutional investors and hedge funds own 97.02% of the company’s stock.
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.
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