Caldwell Investment Management Ltd. Makes New Investment in Jacobs Solutions Inc. $J

Caldwell Investment Management Ltd. bought a new stake in shares of Jacobs Solutions Inc. (NYSE:J) during the second quarter, HoldingsChannel reports. The firm bought 6,900 shares of the company’s stock, valued at approximately $869,000. Jacobs Solutions makes up approximately 0.6% of Caldwell Investment Management Ltd.’s holdings, making the stock its 25th largest holding.

A number of other hedge funds have also recently made changes to their positions in J. Empowered Funds LLC increased its stake in Jacobs Solutions by 92.3% during the 1st quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after purchasing an additional 3,226 shares in the last quarter. Woodline Partners LP lifted its holdings in shares of Jacobs Solutions by 38.7% during the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after buying an additional 2,891 shares during the period. Sivia Capital Partners LLC bought a new position in Jacobs Solutions in the second quarter valued at about $321,000. Baird Financial Group Inc. boosted its position in Jacobs Solutions by 1.7% in the second quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock worth $1,975,000 after purchasing an additional 248 shares during the last quarter. Finally, AXA S.A. grew its stake in shares of Jacobs Solutions by 14.9% during the 2nd quarter. AXA S.A. now owns 19,670 shares of the company’s stock valued at $2,586,000 after purchasing an additional 2,556 shares during the period. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Price Performance

NYSE:J opened at $149.77 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29. The business has a 50 day simple moving average of $133.18 and a 200-day simple moving average of $129.91. The firm has a market capitalization of $17.68 billion, a price-to-earnings ratio of 53.11, a PEG ratio of 1.43 and a beta of 0.68. Jacobs Solutions Inc. has a 1 year low of $105.68 and a 1 year high of $168.44.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.01. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Equities analysts forecast that Jacobs Solutions Inc. will post 7.26 EPS for the current year.

Jacobs Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s payout ratio is presently 51.06%.

Insider Buying and Selling

In related news, President Patrick Hill sold 17,201 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the transaction, the president owned 67,356 shares in the company, valued at $9,705,999.60. The trade was a 20.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.48% of the company’s stock.

Analysts Set New Price Targets

J has been the subject of several research reports. Wells Fargo & Company reduced their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Wall Street Zen raised shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group boosted their target price on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research report on Monday, August 10th. KeyCorp reduced their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, Truist Financial decreased their price objective on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research note on Thursday, July 2nd. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $153.70.

About Jacobs Solutions

Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.