Jack Moore Purchases 4,000 Shares of KBR (NYSE:KBR) Stock

Key Points

  • KBR director Carlos Sabater bought 14,500 shares on May 19 at an average price of $32.47, spending about $470,815 and increasing his position by 68.38%.
  • KBR recently beat quarterly expectations, reporting EPS of $0.96 versus the $0.92 consensus and revenue of $1.92 billion versus $1.88 billion expected, though revenue still fell 4.7% year over year.
  • The company declared a quarterly dividend of $0.165 per share, payable July 15, implying a 2.1% annual yield and a payout ratio of 21.09%.

KBR, Inc. (NYSE:KBR - Get Free Report) Director Jack Moore purchased 4,000 shares of KBR stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average price of $31.44 per share, with a total value of $125,760.00. Following the completion of the acquisition, the director owned 54,352 shares in the company, valued at $1,708,826.88. The trade was a 7.94% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

KBR Stock Down 0.9%

Shares of KBR stock opened at $32.04 on Friday. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 10.23, a P/E/G ratio of 1.91 and a beta of 0.47. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 1.16. KBR, Inc. has a 52-week low of $29.94 and a 52-week high of $54.38. The stock has a 50-day simple moving average of $35.74 and a 200-day simple moving average of $39.86.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.The firm's revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.01 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities research analysts expect that KBR, Inc. will post 4 earnings per share for the current fiscal year.

KBR Dividend Announcement




The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, June 15th. KBR's payout ratio is 21.09%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on KBR shares. Wells Fargo & Company reduced their target price on KBR from $45.00 to $40.00 and set an "equal weight" rating for the company in a report on Monday, April 13th. Zacks Research upgraded KBR from a "strong sell" rating to a "hold" rating in a report on Friday, April 10th. Weiss Ratings lowered KBR from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, March 27th. UBS Group reduced their target price on KBR from $42.00 to $36.00 and set a "neutral" rating for the company in a report on Thursday. Finally, Citigroup reduced their target price on KBR from $53.00 to $50.00 and set a "buy" rating for the company in a report on Wednesday, May 6th. 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $53.44.

Read Our Latest Analysis on KBR

Institutional Trading of KBR

A number of large investors have recently bought and sold shares of the stock. Invesco Ltd. grew its position in KBR by 3.5% in the fourth quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company's stock valued at $230,622,000 after acquiring an additional 192,383 shares during the period. Dimensional Fund Advisors LP boosted its stake in KBR by 10.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company's stock worth $112,834,000 after purchasing an additional 255,948 shares in the last quarter. Morgan Stanley boosted its stake in KBR by 343.5% in the fourth quarter. Morgan Stanley now owns 2,748,597 shares of the construction company's stock worth $110,494,000 after purchasing an additional 2,128,895 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in KBR by 12.4% in the fourth quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company's stock worth $104,046,000 after purchasing an additional 284,907 shares in the last quarter. Finally, Snyder Capital Management L P boosted its stake in KBR by 1.4% in the fourth quarter. Snyder Capital Management L P now owns 2,496,913 shares of the construction company's stock worth $100,376,000 after purchasing an additional 34,495 shares in the last quarter. 97.02% of the stock is currently owned by institutional investors.

KBR Company Profile

(Get Free Report)

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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