462,984 Shares in Jacobs Solutions Inc. $J Purchased by Energy Income Partners LLC

Energy Income Partners LLC acquired a new stake in Jacobs Solutions Inc. (NYSE:J) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 462,984 shares of the company’s stock, valued at approximately $58,336,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of J. Measured Wealth Private Client Group LLC bought a new position in Jacobs Solutions in the 3rd quarter worth approximately $27,000. Wealth Watch Advisors INC bought a new stake in Jacobs Solutions during the 3rd quarter valued at $33,000. International Assets Investment Management LLC acquired a new position in Jacobs Solutions during the 4th quarter worth $38,000. Torren Management LLC acquired a new position in Jacobs Solutions during the 4th quarter worth $41,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Jacobs Solutions in the fourth quarter worth $46,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Jacobs Solutions

In other news, President Patrick Hill sold 17,201 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the sale, the president owned 67,356 shares in the company, valued at approximately $9,705,999.60. This represents a 20.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.48% of the company’s stock.

Wall Street Analysts Forecast Growth

J has been the subject of several research analyst reports. Citigroup upped their price objective 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. UBS Group raised their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Royal Bank Of Canada upped their target price on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company decreased their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Jacobs Solutions presently has an average rating of “Moderate Buy” and an average price target of $153.70.

Jacobs Solutions Stock Performance

NYSE:J opened at $143.09 on Wednesday. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10. The company has a 50-day moving average of $131.79 and a 200-day moving average of $129.60. The firm has a market cap of $16.90 billion, a price-to-earnings ratio of 50.74, a price-to-earnings-growth ratio of 1.39 and a beta of 0.68.

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

Jacobs Solutions Dividend Announcement

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

Jacobs Solutions Profile

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.