De Lisle Partners LLP bought a new stake in Jacobs Solutions Inc. (NYSE:J – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 36,700 shares of the company’s stock, valued at approximately $4,623,000.
Several other large investors have also made changes to their positions in J. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions during the 3rd quarter worth about $27,000. Keating Financial Advisory Services Inc. acquired a new position in Jacobs Solutions in the second quarter valued at about $30,000. Wealth Watch Advisors INC acquired a new position in Jacobs Solutions in the third quarter valued at about $33,000. International Assets Investment Management LLC acquired a new position in Jacobs Solutions in the fourth quarter valued at about $38,000. Finally, Torren Management LLC bought a new stake in Jacobs Solutions during the fourth quarter worth about $41,000. Institutional investors own 85.65% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on J. Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Wall Street Zen raised Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Citigroup increased their price target on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. KeyCorp dropped their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada lifted their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Jacobs Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $153.70.
Insiders Place Their Bets
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 value 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 document filed with the SEC, which is available at the SEC website. 0.48% of the stock is owned by company insiders.
Jacobs Solutions Stock Up 1.2%
Shares of NYSE:J opened at $149.77 on Friday. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The company’s 50-day moving average price is $133.18 and its two-hundred day moving average price is $129.91. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. The firm has a market cap of $17.68 billion, a P/E ratio of 53.11, a P/E/G ratio of 1.45 and a beta of 0.68.
Jacobs Solutions (NYSE:J – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter last year, the company posted $1.62 EPS. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, research analysts forecast that Jacobs Solutions Inc. will post 7.26 EPS for the current fiscal year.
Jacobs Solutions Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors 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 dividend on an annualized basis and a dividend yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 51.06%.
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.
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