A 25% Dividend Hike: Here’s How Much Investors Just Got
Industrial services provider Argan just rewarded its shareholders with a 25% dividend hike, and its shares are trading near an all-time high.
Headquartered in Houston, TX Fiscal year ends December NYSE: KBR kbr.com
KBR, Inc. (NYSE: KBR) is a capital-light lifecycle solutions company providing advisory, technical, engineering and operating services. It currently reports two segments.
Mission Technology Solutions (MTS) supports national security, defense, intelligence, space (including NASA), human performance and global operations missions for the U.S. government, the UK and allied international governments. Its work includes contracts such as Antarctic logistics support for the National Science Foundation and PATRIOT and THAAD missile defense support.
Sustainable Technology Solutions (STS) licenses proprietary process technologies, such as Purifier ammonia, PureSAF sustainable aviation fuel and KRES. It also provides engineering, FEED and project execution services to energy, chemicals, fertilizer and energy transition customers worldwide.
KBR plans to spin off MTS as an independent public company named Trinzic, targeted for January 4, 2027. Trinzic is expected to launch with more than $5 billion in annual revenue and 20,000 employees. Following the spin-off, KBR will operate as a focused company serving industrial, energy and infrastructure markets with about 16,000 employees across more than 30 countries. It will be positioned toward energy security, energy transition, industrial modernization and infrastructure investment. Updated
Industrial services provider Argan just rewarded its shareholders with a 25% dividend hike, and its shares are trading near an all-time high.
Wednesday's top analyst upgrades and downgrades included Abbott Laboratories, Boston Scientific, ChargePoint, Coinbase Global, Dollar General, Equitrans Midstream, Ford, Hasbro, Johnson & Johnson, Kenvue and Medtronic.
Thursday's top analyst upgrades and downgrades included Carvana, FedEx, First Solar, Generac, Nike, PagSeguro Digital, Palantir Technologies, Redfin, Regions Financial, Starbucks, Target and Workday.
Monday's top analyst upgrades and downgrades included Broadcom, Dollar General, DoorDash, FIGS, Lennar, Marvell Technology, PayPal, Permian Resources, UDR, Vipshop and Zscaler.
Wednesday's top analyst upgrades and downgrades included Advanced Micro Devices, AES, Amazon.com, CommScope, Emerson Electric, Intel, Leslie’s, Microsoft, Paramount Global, Prologis, Rivian Automotive and Rocket Companies.
Monday's top analyst upgrades and downgrades included American Express, BlackBerry, FedEx, Garmin, Manchester United, MGM Resorts, Nike, Omnicom, TransUnion and Warby Parker.
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The top analyst upgrades, downgrades and initiations seen on Monday included AK Steel, CRISPR, Dell Technologies, DocuSign, Grubhub, NRG Energy, U.S. Steel, Vale, Wayfair and Zynga.
The top analyst upgrades, downgrades and other research calls from Thursday included Altbaba, AutoDesk, AutoZone, CBS, Eli Lilly, Lululemon, Michael's and Target.
The top analyst upgrades, downgrades and initiations seen on Wednesday include Baker Hughes, Ericsson, E*Trade, Halliburton, Nokia, SunPower, Taiwan Semiconductor, Transocean.
KBR shares rose after it released its second-quarter financial results before the markets opened on Monday.
Here we cover the new additions to the Merrill Lynch Endeavor Small Cap portfolio, as well as highlight three other top picks from the portfolio that could be outstanding summer additions for…
These six additions to the Deutsche Bank Conviction List are top stocks to buy for the next year for growth accounts looking to add new positions.
KBR, Inc. (NYSE: KBR) is a capital-light lifecycle solutions company providing advisory, technical, engineering and operating services. It currently reports two segments.
24/7 Wall St.'s 12-month price target for KBR is $49.71, rated Buy. The Wall Street consensus target is $44.14. KBR price prediction →