KBR (NYSE:KBR) Downgraded to "Sector Weight" Rating by KeyCorp

KBR (NYSE:KBR - Get Free Report) was downgraded by KeyCorp from an "overweight" rating to a "sector weight" rating in a note issued to investors on Monday, MarketBeat reports. KeyCorp also issued estimates for KBR's Q2 2025 earnings at $0.80 EPS, Q3 2025 earnings at $0.97 EPS, Q4 2025 earnings at $1.01 EPS and FY2026 earnings at $4.07 EPS.

Several other equities analysts have also commented on KBR. Truist Financial lowered their target price on KBR from $70.00 to $60.00 and set a "buy" rating for the company in a report on Monday, April 14th. Wall Street Zen lowered shares of KBR from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 7th. The Goldman Sachs Group cut shares of KBR from a "buy" rating to a "neutral" rating and set a $55.00 target price for the company. in a research report on Tuesday, May 27th. Finally, Citigroup cut their price target on KBR from $77.00 to $69.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $67.57.

KBR Stock Up 0.3%

KBR stock traded up $0.16 during midday trading on Monday, hitting $47.79. The stock had a trading volume of 2,357,227 shares, compared to its average volume of 1,555,269. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.89. The business has a fifty day moving average price of $52.68 and a 200 day moving average price of $53.39. KBR has a 12 month low of $43.89 and a 12 month high of $72.60. The stock has a market cap of $6.20 billion, a P/E ratio of 15.98, a P/E/G ratio of 0.93 and a beta of 0.78.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The construction company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.10. The firm had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $2.09 billion. KBR had a return on equity of 32.55% and a net margin of 4.99%. The firm's revenue for the quarter was up 13.0% on a year-over-year basis. During the same period last year, the business posted $0.77 earnings per share. Research analysts predict that KBR will post 3.26 EPS for the current year.

Insider Buying and Selling

In other KBR news, CEO Stuart Bradie sold 20,000 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $52.81, for a total value of $1,056,200.00. Following the transaction, the chief executive officer now owns 802,361 shares in the company, valued at approximately $42,372,684.41. This represents a 2.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.11% of the company's stock.

Institutional Trading of KBR

Hedge funds and other institutional investors have recently modified their holdings of the company. Utah Retirement Systems lifted its holdings in shares of KBR by 2.9% during the 4th quarter. Utah Retirement Systems now owns 7,200 shares of the construction company's stock valued at $417,000 after buying an additional 200 shares during the last quarter. Cetera Trust Company N.A raised its holdings in shares of KBR by 5.6% during the 1st quarter. Cetera Trust Company N.A now owns 3,767 shares of the construction company's stock valued at $188,000 after purchasing an additional 200 shares in the last quarter. CIBC Asset Management Inc boosted its holdings in KBR by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 4,122 shares of the construction company's stock worth $239,000 after purchasing an additional 203 shares in the last quarter. Voya Investment Management LLC increased its position in KBR by 1.2% during the first quarter. Voya Investment Management LLC now owns 20,095 shares of the construction company's stock worth $1,001,000 after buying an additional 241 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of KBR by 4.8% in the 1st quarter. KBC Group NV now owns 5,703 shares of the construction company's stock valued at $284,000 after acquiring an additional 260 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 provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.