KBR (NYSE:KBR) Shares Down 5.4% – Here’s Why

KBR, Inc. (NYSE:KBR) shares were down 5.4% on Tuesday . The stock traded as low as $36.90 and last traded at $36.5860. Approximately 783,483 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 1,421,713 shares. The stock had previously closed at $38.67.

Wall Street Analyst Weigh In

A number of research firms recently commented on KBR. Wells Fargo & Company lowered their target price on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Weiss Ratings cut 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 report on Friday, April 10th. Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Finally, Citigroup cut their price target on shares of KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $55.44.

KBR Price Performance

The firm has a 50-day simple moving average of $37.51 and a two-hundred day simple moving average of $40.68. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 10.61, a P/E/G ratio of 2.08 and a beta of 0.47. The company has a current ratio of 1.16, a quick ratio of 1.22 and a debt-to-equity ratio of 1.59.

KBR (NYSE:KBR) last released its quarterly earnings data 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 business 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. As a group, analysts predict that KBR, Inc. will post 3.98 earnings per share for the current fiscal year.

KBR Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th were issued a $0.165 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.66 dividend on an annualized basis and a yield of 2.0%. KBR’s payout ratio is presently 21.09%.

Hedge Funds Weigh In On KBR

Several institutional investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio lifted its stake in shares of KBR by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 40,133 shares of the construction company’s stock valued at $1,898,000 after purchasing an additional 249 shares during the period. Anchor Investment Management LLC grew its position in KBR by 27.5% during the first quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock valued at $47,000 after buying an additional 275 shares during the period. Jones Financial Companies Lllp increased its holdings in KBR by 6.4% in the third quarter. Jones Financial Companies Lllp now owns 4,785 shares of the construction company’s stock valued at $227,000 after buying an additional 289 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of KBR by 89.8% in the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after acquiring an additional 289 shares during the period. Finally, Truist Financial Corp raised its position in shares of KBR by 1.9% in the fourth quarter. Truist Financial Corp now owns 17,342 shares of the construction company’s stock worth $697,000 after acquiring an additional 317 shares during the period. 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.