KBR, Inc. (NYSE:KBR – Get Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $36.09 and last traded at $35.95, with a volume of 455848 shares. The stock had previously closed at $37.00.
Analysts Set New Price Targets
Several equities analysts have issued reports on the stock. Wall Street Zen cut shares of KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Oppenheimer assumed coverage on shares of KBR in a research note on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 target price for the company. Citigroup lowered their target price on shares of KBR from $57.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Zacks Research lowered shares of KBR from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 12th. Finally, Weiss Ratings cut shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, KBR presently has a consensus rating of “Hold” and a consensus target price of $57.00.
Get Our Latest Analysis on KBR
KBR Price Performance
KBR (NYSE:KBR – Get Free Report) last issued its earnings results on Thursday, February 26th. The construction company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.95 by $0.04. KBR had a net margin of 5.30% and a return on equity of 35.22%. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the previous year, the firm earned $0.91 EPS. The business’s revenue was down 10.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Sell-side analysts anticipate that KBR, Inc. will post 3.26 EPS for the current fiscal year.
KBR Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.66 dividend on an annualized basis and a yield of 1.8%. KBR’s payout ratio is currently 20.56%.
Institutional Investors Weigh In On KBR
A number of hedge funds and other institutional investors have recently modified their holdings of KBR. Hantz Financial Services Inc. boosted its stake in shares of KBR by 207.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock worth $28,000 after acquiring an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in KBR by 432.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after purchasing an additional 493 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after purchasing an additional 289 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in KBR during the third quarter worth $32,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in KBR by 101,600.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock worth $48,000 after purchasing an additional 1,016 shares in the last quarter. 97.02% of the stock is currently owned by institutional investors and hedge funds.
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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