KBR Stock Soars 5%: Activist Investor Pushes for Breakup to Unlock 50% Value Surge

GuruFocus.com12-19

Shares of KBR, Inc. (NYSE:KBR) jumped 5% today on news that Irenic Capital Management, an activist investor, is urging the company to split its business in two. Irenic has quietly built a 1% stake in ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492108714?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-19 23:58","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2492108714","market":"us","top_or_hot":-1,"title":"KBR Stock Soars 5%: Activist Investor Pushes for Breakup to Unlock 50% Value Surge","media":"GuruFocus.com","content":"<div>\n<p>Shares of KBR, Inc. (NYSE:KBR) jumped 5% today on news that Irenic Capital Management, an activist investor, is urging the company to split its business in two. Irenic has quietly built a 1% stake in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kbr-stock-soars-5-activist-155814018.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KBR Stock Soars 5%: Activist Investor Pushes for Breakup to Unlock 50% Value Surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKBR Stock Soars 5%: Activist Investor Pushes for Breakup to Unlock 50% Value Surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-19 23:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/kbr-stock-soars-5-activist-155814018.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of KBR, Inc. (NYSE:KBR) jumped 5% today on news that Irenic Capital Management, an activist investor, is urging the company to split its business in two. Irenic has quietly built a 1% stake in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kbr-stock-soars-5-activist-155814018.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4123","symbol_name":"调查和咨询服务","start_time":0,"source_url":"https://finance.yahoo.com/news/kbr-stock-soars-5-activist-155814018.html","article_id":"2492108714","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492108714","pubTimestamp":1734623894,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Shares of KBR, Inc.  jumped 5% today on news that Irenic Capital Management, an activist investor, is urging the company to split its business in two. Irenic has quietly built a 1% stake in the $7.5 billion engineering giant, calling for the spin-off of KBR's sustainable technology solutions unita division punching far above its weight in profitability despite contributing less than a quarter of total revenue. The rationale?Separate the segments to unlock up to 50% more shareholder value. Wall Street's all ears, especially with federal spending cuts looming large under President-elect Donald Trump's advisory commission, led by Elon Musk and Vivek Ramaswamy.This isn't Irenic's first rodeo. Founded in 2021, the firm has a track record of shaking things up, from securing board seats at Theravance Biopharma to orchestrating Barnes' takeover by Apollo Global Management. Now they're turning their attention to KBR, betting that splitting the company could amplify growth for both segments. Inv","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4123":"调查和咨询服务","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","KBR":"KBR科技","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC"},"translate_title":"KBR股价飙升5%：激进投资者推动分拆以释放50%的价值飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KBR":1},"content_text":"Shares of KBR, Inc. (NYSE:KBR) jumped 5% today on news that Irenic Capital Management, an activist investor, is urging the company to split its business in two. Irenic has quietly built a 1% stake in the $7.5 billion engineering giant, calling for the spin-off of KBR's sustainable technology solutions unita division punching far above its weight in profitability despite contributing less than a quarter of total revenue. The rationale? Separate the segments to unlock up to 50% more shareholder value. Wall Street's all ears, especially with federal spending cuts looming large under President-elect Donald Trump's advisory commission, led by Elon Musk and Vivek Ramaswamy.\n\nWarning! GuruFocus has detected 3 Warning Sign with KBR.\n\nKBR isn't just sitting still, though. This week, the company announced a landmark deal with KazAzot to deliver cutting-edge ammonia tech for Kazakhstan's first world-scale fertilizer complex. KBR's Purifier ammonia technology promises to boost efficiency and slash carbon emissions, cementing the sustainable solutions segment as a global powerhouse. But here's the catch: investors are spooked by the government unit's exposure to potential federal budget slashes, which has dragged KBR's stock down 17% since Trump's election. Irenic thinks the market's missing the pointthis tech-forward segment deserves to shine on its own.\nThis isn't Irenic's first rodeo. Founded in 2021, the firm has a track record of shaking things up, from securing board seats at Theravance Biopharma to orchestrating Barnes' takeover by Apollo Global Management. Now they're turning their attention to KBR, betting that splitting the company could amplify growth for both segments. Investors are watching closely, and with federal spending fears and activist heat in play, KBR's story just got a whole lot more interesting.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492108714"}