4,787 Shares in Jacobs Solutions Inc. $J Bought by Groupe la Francaise

Groupe la Francaise purchased a new position in Jacobs Solutions Inc. (NYSE:J) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 4,787 shares of the company’s stock, valued at approximately $603,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Corient Private Wealth LP bought a new stake in shares of Jacobs Solutions during the second quarter valued at approximately $5,225,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Jacobs Solutions by 737.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 159,189 shares of the company’s stock worth $21,086,000 after purchasing an additional 140,179 shares in the last quarter. Catalyst Funds Management Pty Ltd bought a new position in shares of Jacobs Solutions in the 4th quarter worth $3,312,000. Goldman Sachs Group Inc. lifted its holdings in shares of Jacobs Solutions by 24.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 852,803 shares of the company’s stock worth $112,962,000 after purchasing an additional 169,059 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its position in Jacobs Solutions by 2.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 589,516 shares of the company’s stock valued at $78,087,000 after purchasing an additional 12,620 shares during the period. 85.65% of the stock is owned by institutional investors.

Insider Buying and Selling at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the transaction, the president directly owned 67,356 shares of the company’s stock, valued at $9,705,999.60. This trade represents a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is owned by insiders.

Jacobs Solutions Trading Down 1.3%

Shares of Jacobs Solutions stock opened at $144.40 on Wednesday. The stock has a fifty day simple moving average of $139.33 and a 200 day simple moving average of $130.54. Jacobs Solutions Inc. has a 12-month low of $105.68 and a 12-month high of $168.44. The company has a market capitalization of $17.05 billion, a P/E ratio of 51.20, a price-to-earnings-growth ratio of 2.12 and a beta of 0.70. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10.

Jacobs Solutions (NYSE:J) last issued 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. The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The business’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the business earned $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, sell-side analysts anticipate that Jacobs Solutions Inc. will post 7.26 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be issued a $0.36 dividend. The ex-dividend date 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%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on J. Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, August 30th. Truist Financial dropped their price objective on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research note on Thursday, July 2nd. UBS Group lifted their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a report on Monday, August 10th. Royal Bank Of Canada boosted their target price on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $153.70.

Jacobs Solutions Company 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.