KBR (NYSE:KBR – Get Free Report) had its price target dropped by equities research analysts at Citigroup from $50.00 to $49.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the construction company’s stock. Citigroup’s price target points to a potential upside of 33.76% from the company’s previous close.
Other analysts have also recently issued reports about the stock. Wells Fargo & Company lowered their price target on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a research report on Wednesday, June 24th. Bank of America lowered their target price on shares of KBR from $45.00 to $40.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. UBS Group cut their price target on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Finally, Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $52.50.
KBR Trading Up 6.6%
KBR (NYSE:KBR – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.90 by $0.09. KBR had a return on equity of 33.92% and a net margin of 5.21%.The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same quarter last year, the firm posted $0.91 earnings per share. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities analysts predict that KBR will post 4 earnings per share for the current fiscal year.
Insider Buying and Selling
In other KBR news, Director Jack B. Moore acquired 4,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost 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 approximately $1,708,826.88. This trade represents a 7.94% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Carlos A. Sabater purchased 14,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average cost of $32.47 per share, with a total value of $470,815.00. Following the acquisition, the director owned 35,705 shares in the company, valued at $1,159,341.35. This represents a 68.38% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have acquired 29,875 shares of company stock worth $945,160. 1.15% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On KBR
Several institutional investors and hedge funds have recently added to or reduced their stakes in KBR. Public Employees Retirement System of Ohio increased its stake in shares of KBR by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 40,133 shares of the construction company’s stock worth $1,898,000 after acquiring an additional 249 shares during the last quarter. Anchor Investment Management LLC boosted 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 purchasing an additional 275 shares during the last quarter. Farther Finance Advisors LLC grew its stake in KBR by 89.8% in the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after purchasing an additional 289 shares in the last quarter. Truist Financial Corp grew its stake in KBR by 1.9% in the fourth quarter. Truist Financial Corp now owns 17,342 shares of the construction company’s stock valued at $697,000 after purchasing an additional 317 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in KBR by 27.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,561 shares of the construction company’s stock worth $74,000 after purchasing an additional 333 shares during the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.
Key Headlines Impacting KBR
Here are the key news stories impacting KBR this week:
- Positive Sentiment: Second-quarter results exceeded expectations. KBR reported adjusted EPS of $0.99, above the roughly $0.90–$0.92 analyst consensus, while revenue reached $1.98 billion versus estimates near $1.89 billion. Revenue rose 1.6% year over year, and net income attributable to KBR increased 32% to $96 million. KBR Reports Second Quarter Fiscal 2026 Results
- Positive Sentiment: Backlog supports future revenue visibility. Total backlog and options stood at approximately $23.0 billion at quarter-end, with a 1.1x book-to-bill ratio. Management cited project ramp-ups in Sustainable Technology Solutions and growth among international government clients in Mission Technology Solutions. KBR Reaffirms Guidance and Reports Backlog
- Positive Sentiment: Spin-off plans advanced. KBR named the planned independent Mission Technology Solutions company Trinzic, with the separation currently targeted for January 4, 2027. The transaction could allow investors to value KBR’s remaining businesses and the government-technology operation more independently. KBR Unveils Trinzic
- Neutral Sentiment: Fiscal 2026 guidance was reaffirmed. KBR maintained revenue guidance of $7.90 billion to $8.36 billion and EPS guidance of $3.87 to $4.22. The midpoint is broadly consistent with analyst expectations, but the range extends below the current consensus EPS estimate of about $3.97. KBR Tops Q2 Estimates
- Negative Sentiment: Margin compression tempered the strong operating update. Market commentary focused on weaker margins despite the earnings beat, raising questions about profitability as projects ramp. Investors may also remain cautious because year-over-year revenue growth was modest and the stock remains below its 200-day moving average.
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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