Short Interest in KBR, Inc. (NYSE:KBR) Declines By 26.6%

KBR, Inc. (NYSE:KBR) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 4,152,762 shares, a drop of 26.6% from the February 12th total of 5,661,478 shares. Approximately 3.3% of the shares of the company are short sold. Based on an average trading volume of 1,458,329 shares, the short-interest ratio is currently 2.8 days. Based on an average trading volume of 1,458,329 shares, the short-interest ratio is currently 2.8 days. Approximately 3.3% of the shares of the company are short sold.

Analyst Ratings Changes

A number of brokerages have weighed in on KBR. Wall Street Zen downgraded shares of KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Oppenheimer assumed coverage on shares of KBR in a research report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 price objective for the company. Zacks Research downgraded KBR from a “hold” rating to a “strong sell” rating in a research report on Thursday. Weiss Ratings upgraded KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Finally, Truist Financial cut their price target on KBR from $62.00 to $50.00 and set a “buy” rating for the company in a report on Friday, December 19th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $57.00.

Hedge Funds Weigh In On KBR

Hedge funds and other institutional investors have recently modified their holdings of the stock. Corient Private Wealth LLC bought a new stake in KBR in the fourth quarter valued at $452,000. Hsbc Holdings PLC boosted its stake in shares of KBR by 484.5% in the 4th quarter. Hsbc Holdings PLC now owns 97,359 shares of the construction company’s stock valued at $3,936,000 after purchasing an additional 80,701 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of KBR by 88.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,921 shares of the construction company’s stock worth $77,000 after purchasing an additional 904 shares during the last quarter. MidFirst Bank acquired a new stake in shares of KBR during the 4th quarter worth about $146,000. Finally, Invesco Ltd. increased its position in shares of KBR by 3.5% during the 4th quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock worth $230,622,000 after purchasing an additional 192,383 shares in the last quarter. Institutional investors own 97.02% of the company’s stock.

KBR Price Performance

Shares of KBR stock traded down $0.11 during mid-day trading on Monday, reaching $36.54. The company’s stock had a trading volume of 1,369,466 shares, compared to its average volume of 1,441,593. The firm’s 50-day moving average is $42.12 and its two-hundred day moving average is $43.58. The company has a market cap of $4.62 billion, a P/E ratio of 11.38, a PEG ratio of 2.16 and a beta of 0.50. KBR has a 1-year low of $36.33 and a 1-year high of $56.78. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.22 and a current ratio of 1.22.

KBR (NYSE:KBR) last issued its earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, beating 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 business 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 business earned $0.91 EPS. The firm’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. On average, research analysts predict that KBR will post 3.26 earnings per share for the current year.

KBR Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, March 13th. KBR’s dividend payout ratio is currently 20.56%.

KBR Company Profile

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.