KBR, Inc. (NYSE:KBR) Stock Now Rated “Hold” by Sell-Side Analysts

KBR, Inc. (NYSE:KBR) has been assigned a consensus recommendation of “Hold” from the eight ratings firms that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $45.00.

A number of research analysts recently weighed in on KBR shares. Citigroup decreased their target price on KBR from $50.00 to $49.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Weiss Ratings raised shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, September 3rd. Bank of America decreased their price objective on shares of KBR from $45.00 to $40.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. UBS Group increased their price objective on shares of KBR from $36.00 to $41.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Finally, Oppenheimer reduced their target price on shares of KBR from $60.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, September 22nd.

Hedge Funds Weigh In On KBR

Several institutional investors and hedge funds have recently made changes to their positions in KBR. BlackRock Inc. acquired a new position in shares of KBR in the second quarter valued at about $479,892,000. Norges Bank acquired a new stake in KBR in the 4th quarter worth about $71,785,000. Engine Capital Management LP raised its stake in KBR by 1,129.3% in the 1st quarter. Engine Capital Management LP now owns 1,531,313 shares of the construction company’s stock worth $56,444,000 after purchasing an additional 1,406,746 shares in the last quarter. Copeland Capital Management LLC boosted its holdings in KBR by 4.4% in the 1st quarter. Copeland Capital Management LLC now owns 1,368,892 shares of the construction company’s stock valued at $50,457,000 after purchasing an additional 57,162 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in KBR in the 2nd quarter valued at about $32,044,000. Institutional investors and hedge funds own 97.02% of the company’s stock.

KBR Stock Performance

Shares of KBR stock opened at $34.26 on Friday. The company has a fifty day moving average price of $36.78 and a two-hundred day moving average price of $35.81. KBR has a one year low of $29.94 and a one year high of $48.13. The stock has a market cap of $4.32 billion, a P/E ratio of 10.32, a P/E/G ratio of 1.89 and a beta of 0.47. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.15 and a quick ratio of 1.15.

KBR (NYSE:KBR) last issued its earnings results on Thursday, July 30th. The construction company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.09. The company had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.87 billion. KBR had a net margin of 5.49% and a return on equity of 32.55%. KBR’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities analysts predict that KBR will post 4.01 EPS for the current year.

KBR Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.1650 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.66 annualized dividend and a yield of 1.9%. KBR’s dividend payout ratio (DPR) is 19.88%.

KBR Company Profile

KBR, Inc (NYSE: KBR) is a global engineering, technology and professional services company serving government and commercial customers. Its services include program management, systems engineering, mission operations, logistics, scientific research, cybersecurity, digital solutions and technical support for complex infrastructure and national security programs.

Through its government solutions business, KBR supports defense, intelligence, space, civil government and other public-sector customers.