Traders Buy High Volume of KBR Put Options (NYSE:KBR)

KBR, Inc. (NYSE:KBR) was the recipient of some unusual options trading activity on Monday. Traders purchased 6,106 put options on the stock. This represents an increase of 1,696% compared to the average daily volume of 340 put options.

KBR Price Performance

KBR stock opened at $32.24 on Tuesday. KBR has a 52-week low of $29.94 and a 52-week high of $56.06. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 10.30, a PEG ratio of 1.78 and a beta of 0.47. The company has a fifty day simple moving average of $36.16 and a 200-day simple moving average of $40.08. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.59.

KBR (NYSE:KBR) last released its earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. KBR had a net margin of 5.21% and a return on equity of 33.92%. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the prior year, the firm earned $1.01 earnings per share. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities analysts anticipate that KBR will post 4 EPS for the current fiscal year.

KBR Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.0%. KBR’s dividend payout ratio is presently 21.09%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wells Fargo & Company cut their price target on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Wall Street Zen lowered shares of KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Weiss Ratings lowered shares of KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Citigroup cut their price target on shares of KBR from $53.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Finally, Zacks Research raised shares of KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, KBR has an average rating of “Hold” and an average price target of $55.44.

Insider Buying and Selling at KBR

In related news, CFO Shad E. Evans purchased 8,375 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of $30.60 per share, with a total value of $256,275.00. Following the acquisition, the chief financial officer owned 43,725 shares in the company, valued at $1,337,985. The trade was a 23.69% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thaer Lewis Von purchased 3,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was bought at an average cost of $30.77 per share, with a total value of $92,310.00. Following the acquisition, the director owned 10,358 shares in the company, valued at $318,715.66. This represents a 40.77% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.15% of the company’s stock.

Institutional Investors Weigh In On KBR

A number of hedge funds have recently modified their holdings of KBR. Farther Finance Advisors LLC grew its holdings in shares of 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 during the period. Hantz Financial Services Inc. grew its holdings in shares of KBR by 207.8% in the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after purchasing an additional 401 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of KBR by 432.5% in the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after purchasing an additional 493 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of KBR in the third quarter valued at about $32,000. Finally, Anchor Investment Management LLC grew its holdings in shares of KBR by 27.5% in 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 period. Hedge funds and other institutional investors own 97.02% of the company’s stock.

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.