Jacobs Solutions (NYSE:J) Director Acquires $49,137.79 in Stock

Jacobs Solutions Inc. (NYSE:J) Director Manuel Fernandez bought 403 shares of the stock in a transaction dated Friday, May 8th. The stock was purchased at an average cost of $121.93 per share, for a total transaction of $49,137.79. Following the acquisition, the director owned 12,251 shares in the company, valued at $1,493,764.43. The trade was a 3.40% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Jacobs Solutions Stock Up 5.0%

J opened at $112.60 on Friday. The firm’s 50-day simple moving average is $127.26 and its 200-day simple moving average is $135.80. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 34.97, a PEG ratio of 1.04 and a beta of 0.73.

Jacobs Solutions (NYSE:J) last posted its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the firm earned $1.43 EPS. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Equities research analysts anticipate that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 annualized dividend and a dividend yield of 1.3%. Jacobs Solutions’s dividend payout ratio is presently 44.72%.

Institutional Investors Weigh In On Jacobs Solutions

A number of hedge funds have recently added to or reduced their stakes in J. Measured Wealth Private Client Group LLC bought a new stake in Jacobs Solutions during the 3rd quarter worth about $27,000. Princeton Global Asset Management LLC bought a new stake in Jacobs Solutions during the 4th quarter worth about $30,000. Central Pacific Bank Trust Division bought a new stake in Jacobs Solutions during the 4th quarter worth about $31,000. Geneos Wealth Management Inc. grew its holdings in Jacobs Solutions by 65.4% during the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after acquiring an additional 87 shares during the last quarter. Finally, Godsey & Gibb Inc. grew its holdings in Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after acquiring an additional 121 shares during the last quarter. Institutional investors own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on J shares. Wells Fargo & Company lowered their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Citigroup upped their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings lowered shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Royal Bank Of Canada upped their target price on shares of Jacobs Solutions from $160.00 to $169.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Finally, Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Jacobs Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $153.40.

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.