KBR, Inc. (NYSE:KBR – Get Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $30.67 and last traded at $31.2750, with a volume of 147924 shares. The stock had previously closed at $32.08.
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. Wells Fargo & Company decreased their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Weiss Ratings downgraded KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Citigroup dropped their target price on KBR from $53.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Finally, Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $55.44.
Check Out Our Latest Stock Report on KBR
KBR Trading Down 4.5%
KBR (NYSE:KBR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period last year, the firm earned $1.01 earnings per share. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, research analysts expect that KBR, Inc. will post 4 earnings per share for the current fiscal year.
KBR Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Friday, March 13th. KBR’s dividend payout ratio (DPR) is presently 21.09%.
Institutional Trading of KBR
A number of large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC grew its holdings in KBR by 89.8% during the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after acquiring an additional 289 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in KBR by 207.8% in the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after buying an additional 401 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in KBR by 432.5% in the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after buying an additional 493 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in KBR during the 3rd quarter worth about $32,000. Finally, Anchor Investment Management LLC boosted its position in shares of KBR by 27.5% during the 1st quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock worth $47,000 after acquiring an additional 275 shares in the last quarter. 97.02% of the stock is currently owned by hedge funds and other institutional investors.
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.
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