Kepler Cheuvreux Suisse SA lifted its stake in Jacobs Solutions Inc. (NYSE:J – Free Report) by 29.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,197 shares of the company’s stock after buying an additional 4,880 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in Jacobs Solutions were worth $2,698,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of J. Measured Wealth Private Client Group LLC bought a new stake in Jacobs Solutions in the 3rd quarter valued at $27,000. Princeton Global Asset Management LLC bought a new position in shares of Jacobs Solutions during the 4th quarter valued at about $30,000. Central Pacific Bank Trust Division bought a new position in shares of Jacobs Solutions during the 4th quarter valued at about $31,000. Wealth Watch Advisors INC purchased a new position in shares of Jacobs Solutions during the third quarter valued at about $33,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Jacobs Solutions during the fourth quarter valued at about $38,000. Institutional investors own 85.65% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the company. Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Wells Fargo & Company cut their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Truist Financial reduced 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. Robert W. Baird decreased their price objective on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Finally, Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $153.10.
Jacobs Solutions Stock Performance
Jacobs Solutions stock opened at $127.80 on Friday. The company’s 50-day moving average price is $121.44 and its 200-day moving average price is $129.76. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. The company has a market cap of $15.09 billion, a PE ratio of 39.69, a price-to-earnings-growth ratio of 1.24 and a beta of 0.69. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44.
Jacobs Solutions (NYSE:J – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, equities research analysts forecast that Jacobs Solutions Inc. will post 7.23 EPS for the current fiscal year.
Jacobs Solutions Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Friday, May 22nd were issued a $0.36 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions’s payout ratio is 44.72%.
Insider Buying and Selling
In related news, Director Manuel J. Fernandez bought 403 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were purchased at an average price of $121.93 per share, with a total value of $49,137.79. Following the transaction, the director owned 12,251 shares in the company, valued at $1,493,764.43. This trade represents a 3.40% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert V. Pragada purchased 3,601 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the acquisition, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. This trade represents a 1.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders bought 4,257 shares of company stock valued at $477,651. Company insiders own 0.48% of the company’s stock.
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.
Read More
- Five stocks we like better than Jacobs Solutions
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
- Broadcom and OpenAI Unveil JalapeƱo: An Early Step to Massive AI Growth Potential
Receive News & Ratings for Jacobs Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
