KBR (NYSE:KBR) Director Thaer Lewis Von Acquires 3,000 Shares

KBR, Inc. (NYSE:KBR) Director Thaer Lewis Von bought 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average cost of $30.77 per share, with a total value of $92,310.00. Following the purchase, the director directly owned 10,358 shares of the company’s stock, valued at approximately $318,715.66. This represents a 40.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

KBR Price Performance

KBR stock traded down $0.89 during trading hours on Friday, hitting $29.99. 1,539,167 shares of the stock traded hands, compared to its average volume of 1,869,784. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.59. KBR, Inc. has a one year low of $29.94 and a one year high of $56.40. The company has a market cap of $3.80 billion, a P/E ratio of 9.58, a P/E/G ratio of 1.83 and a beta of 0.47. The stock has a 50-day simple moving average of $36.32 and a 200 day simple moving average of $40.18.

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. KBR had a return on equity of 33.92% and a net margin of 5.21%.The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same quarter last year, the company posted $1.01 EPS. KBR’s revenue for the quarter was down 4.7% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Equities analysts forecast that KBR, Inc. will post 4 earnings per share for the current year.

KBR Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be given a $0.165 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.2%. KBR’s dividend payout ratio (DPR) is 21.09%.

Institutional Investors Weigh In On KBR

Hedge funds and other institutional investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of 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 stake in shares of KBR during the 3rd quarter worth about $16,055,000. Neuberger Berman Group LLC raised its stake in shares of 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 stake in shares of KBR during the 3rd quarter worth about $3,850,000. Finally, HighVista Strategies LLC purchased a new stake in shares of KBR during the 3rd quarter worth about $1,679,000. 97.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KBR. Wells Fargo & Company reduced their price objective 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. Citigroup reduced their price objective on KBR from $53.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Weiss Ratings downgraded KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Wall Street Zen downgraded KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Five 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, the company currently has an average rating of “Hold” and an average target price of $55.44.

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.