Insider Buying: Jacobs Solutions (NYSE:J) CFO Purchases $101,332.50 in Stock

Jacobs Solutions Inc. (NYSE:J) CFO Venkatesh Nathamuni acquired 750 shares of the company’s stock in a transaction on Monday, November 24th. The shares were purchased at an average cost of $135.11 per share, with a total value of $101,332.50. Following the completion of the purchase, the chief financial officer directly owned 20,785 shares of the company’s stock, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Jacobs Solutions Trading Up 0.4%

Shares of NYSE:J traded up $0.58 on Tuesday, hitting $133.45. 1,165,025 shares of the company’s stock were exchanged, compared to its average volume of 875,315. The stock has a market capitalization of $15.95 billion, a price-to-earnings ratio of 33.28, a price-to-earnings-growth ratio of 1.87 and a beta of 0.83. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. Jacobs Solutions Inc. has a 12 month low of $106.23 and a 12 month high of $168.44. The business’s 50 day simple moving average is $152.55 and its two-hundred day simple moving average is $142.16.

Jacobs Solutions (NYSE:J) last issued its earnings results on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.08. The business had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.37 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd will be given a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 52.89%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Truist Financial cut their price target on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday. Barclays upped their price objective on Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Wall Street Zen upgraded Jacobs Solutions from a “hold” rating to a “buy” rating in a research note on Saturday. Robert W. Baird restated a “neutral” rating and set a $146.00 price objective (down from $161.00) on shares of Jacobs Solutions in a research report on Friday. Finally, Bank of America lowered their price target on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research note on Friday. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $155.90.

Institutional Investors Weigh In On Jacobs Solutions

A number of hedge funds have recently bought and sold shares of J. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions in the 3rd quarter valued at $27,000. Cary Street Partners Investment Advisory LLC boosted its holdings in Jacobs Solutions by 103.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Jacobs Solutions by 65.4% in the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock valued at $33,000 after purchasing an additional 87 shares in the last quarter. Wealth Watch Advisors INC acquired a new stake in Jacobs Solutions during the third quarter worth approximately $33,000. Finally, Godsey & Gibb Inc. raised its holdings in Jacobs Solutions by 121.0% during the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after purchasing an additional 121 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Company Profile

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.