Dividends on (KBR) (NL) (PCBK) (ROST) (SKYW) Declared

KBR Inc (NYSE:KBR), NL Industries (NYSE:NL), Pacific Continental (NASDAQ:PCBK), Ross Stores Inc. (NASDAQ:ROST) and SkyWest Inc (NASDAQ:SKYW) declare dividends.

The Board of Directors of KBR Inc (KBR) declared a quarterly common stock dividend of $0.05 per share payable 7/15/11 to shareholders of record at the close of business on 6/15/11.

The Board of Directors of NL Industries (NL) declared a quarterly common stock dividend of $0.125 per share payable 6/28/11 to shareholders of record at the close of business on 6/10/11.

The Board of Directors of Pacific Continental (PCBK) declared a quarterly common stock dividend of $0.01 per share payable 6/15/11 to shareholders of record at the close of business on 6/3/11.

The Board of Directors of Ross Stores Inc. (ROST) declared a quarterly common stock dividend of $0.22 per share payable 6/30/11 to shareholders of record at the close of business on 6/7/11.

The Board of Directors of SkyWest Inc (SKYW) declared a quarterly common stock dividend of $0.04 per share payable 7/7/11 to shareholders of record at the close of business on 6/30/11.

Price Targets on (KBR) (LKQX) (MJN) (OII) (OXY) Updated

Price targets on KBR, Inc. (NYSE: KBR), LKQ Co. (NASDAQ: LKQX), Mead Johnson Nutrition (NYSE: MJN), Oceaneering International (NYSE: OII) and Occidental Petroleum Co. (NYSE: OXY) get updated.

Jefferies (NYSE:JEF) raised their price target on shares of KBR, Inc. (KBR) from $33.00 to $42.00. They have a “hold” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on LKQ Co. (LKQX) from $20.00 to $27.50. They have a “hold” rating on the company.

Deutsche Bank raised their price target on Mead Johnson Nutrition (MJN) from $59.00 to $68.00.

Howard Weil raised their price target on Oceaneering International (OII) from $89.00 to $93.00. They have a “market perform” rating on the company.

Deutsche Bank raised their price target on Occidental Petroleum Co. (OXY) from $120.00 to $125.00.

Price Targets on (KBR) (LKQX) ( MJN) (HHS) (HLS) Updated

Price targets on KBR, Inc. (NYSE: KBR), LKQ Co. (NASDAQ: LKQX), Mead Johnson Nutrition (NYSE: MJN), Harte-Hanks, Inc. (NYSE: HHS) and HealthSouth (NYSE: HLS) get updated.

Jefferies (NYSE:JEF) raised their price target on KBR, Inc. (KBR) from $33.00 to $42.00. They have a “hold” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on LKQ Co. (LKQX) from $20.00 to $27.50. They have a “hold” rating on the company.

Deutsche Bank raised their price target on Mead Johnson Nutrition (MJN) from $59.00 to $68.00.

JPMorgan Chase & Co. (NYSE:JPM) cut their price target on Harte-Hanks, Inc. (HHS) from $15.00 to $11.00. They have a “neutral” rating on the company.

Jefferies raised their price target on HealthSouth (HLS) to $30.00.

Price Targets (KBR) (LKQX) (MJN) (HHS) (HLS) Updated

Price targets on KBR, Inc. (NYSE: KBR), LKQ Co. (NASDAQ: LKQX), Mead Johnson Nutrition (NYSE: MJN), Harte-Hanks, Inc. (NYSE: HHS) and HealthSouth (NYSE: HLS) get updated.

Jefferies (NYSE:JEF) raised their price target on KBR, Inc. (KBR) from $33.00 to $42.00. They have a “hold” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on LKQ Co. (LKQX) from $20.00 to $27.50. They have a “hold” rating on the company.

Deutsche Bank raised their price target on Mead Johnson Nutrition (MJN) from $59.00 to $68.00.

JPMorgan Chase & Co. (NYSE:JPM) cut their price target on Harte-Hanks, Inc. (HHS) from $15.00 to $11.00. They have a “neutral” rating on the company.

Jefferies raised their price target on shares of HealthSouth (HLS) to $30.00.

KBR (NYSE:KBR) EPS Estimates Raised on MWKL, Roberts & Schaefer Acquisitions

KBR, Inc. (NYSE:KBR) had its EPS estimates boosted for 2011 and 2012 by Barclays, citing their acquisitions of MWKL and Roberts & Schaefer.

Barclays says, "We raise our 2011 and 2012 EPS estimate to $2.20 and $2.45 from $2.10 and $2.35, respectively on higher accretion expectations for the MWKL and Roberts & Schaefer acquisitions. We also increase our price target to $36 based on 14x our new 2012 EPS estimate plus $2 in excess cash (was $35 on 14x old 2012 EPS estimate plus $2 in cash)."

Barclays reiterates an "Equalweight" rating on KBR, Inc., which closed Friday at $32.03, gaining $1.17, or 3.79 percent. Barclays increased their price target on KBR from $35 to $36.

Fluor (NYSE:FLR), Foster Wheeler (Nasdaq:FWLT), McDermott (NYSE:MDR), KBR (NYSE:KBR) EPS Estimates Raised

Saying energy infrastructure will lead the Engineering & Construction sector in 2011, Gleacher & Co. said they're raising their earnings estimates on Fluor (NYSE:FLR), Foster Wheeler (Nasdaq:FWLT), McDermott (NYSE:MDR) and KBR (NYSE:KBR).

Gleacher stated, "In conjunction with rolling out our 2012 EPS estimates, we are increasing our price targets on Fluor to ($67 from $60), Foster Wheeler ($35 from $30), McDermott ($23 from $21) and KBR, Inc. ($33 from $30). We believe the trough in industry backlog is behind us and market conditions are favorable for energy infrastructure equity appreciation.

"In general, we maintain our view that international energy/mining infrastructure companies will drive better investor returns than domestic Federal and energy exposed companies. Gulf Island and B&W are exceptions to our thesis as we believe pure-play Gulf of Mexico fabrication and nuclear will outperform other US
end-markets."

Gleacher has a "Buy" rating on the the stocks mentioned above.

Flour closed Monday at $57.98, gaining $0.39, or 0.68 percent. Foster Wheeler ended the session at $29.11, rising by $0.33, or 1.15 percent. McDermott International closed the day at $18.17, dropping $0.22, or 1.20 percent. KBR ended at $27.68, losing $0.06, or 0.22 percent.