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HOUSTON—KBR, Inc. (NYSE:KBR) saw a notable transaction by its Chief Digital & Development Officer, Gregory Sean Conlon, who sold 19,000 shares of common stock. The shares were sold on March 14, 2025, at a weighted average price of $50.5868, generating a total of $961,149. The sale occurred at prices ranging from $50.01 to $50.84. Following this transaction, Conlon retains ownership of 63,533 shares directly. This insider transaction comes as KBR maintains strong analyst support, with a consensus "Strong Buy" recommendation and price targets ranging from $64 to $80. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access the detailed Pro Research Report, which covers what really matters about KBR’s financial performance and market position.
In other recent news, KBR Inc . reported strong financial results for the fourth quarter of 2024, surpassing analysts’ expectations with an EPS of $0.91 compared to the forecast of $0.82 and revenues of $2.12 billion against the anticipated $2.01 billion. The company also achieved a full-year revenue of $7.7 billion, marking an 11% increase from the previous year, driven by business segment realignment and successful acquisitions. For 2025, KBR projects revenue between $8.7 billion and $9.1 billion, indicating a 15% growth at the midpoint, with adjusted EBITDA expected to be between $950 million and $990 million. KeyBanc Capital Markets recently adjusted its price target for KBR from $70.00 to $67.00 while maintaining an Overweight rating, following KBR’s fourth-quarter performance and 2025 outlook. Analyst Sangita Jain from KeyBanc noted that KBR’s guidance for 2025 is prudent, considering uncertainties in the DOGE program and defense priorities. Additionally, KBR announced a $750 million share repurchase program, which analysts view as a strategic use of the company’s balance sheet. These developments reflect KBR’s focus on leveraging technological innovations and strategic initiatives to drive growth.
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