Inspire Trust Co. N.A. Has $5.76 Million Holdings in Jacobs Solutions Inc. $J

Inspire Trust Co. N.A. increased its stake in Jacobs Solutions Inc. (NYSE:JFree Report) by 17.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,500 shares of the company’s stock after buying an additional 6,500 shares during the quarter. Inspire Trust Co. N.A.’s holdings in Jacobs Solutions were worth $5,762,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in J. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions in the 3rd quarter valued at approximately $27,000. Princeton Global Asset Management LLC acquired a new stake in shares of Jacobs Solutions in the 4th quarter valued at approximately $30,000. Central Pacific Bank Trust Division acquired a new stake in shares of Jacobs Solutions in the 4th quarter valued at approximately $31,000. Wealth Watch Advisors INC acquired a new stake in shares of Jacobs Solutions in the 3rd quarter valued at approximately $33,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Jacobs Solutions in the 4th quarter valued at approximately $38,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Up 2.6%

J opened at $118.91 on Friday. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44. The stock’s fifty day simple moving average is $123.61 and its 200 day simple moving average is $132.86. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24. The stock has a market cap of $14.04 billion, a PE ratio of 36.93, a price-to-earnings-growth ratio of 1.12 and a beta of 0.73.

Jacobs Solutions (NYSE:JGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the prior year, the business earned $1.43 EPS. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, research analysts expect that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.36 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.44 annualized dividend and a yield of 1.2%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 44.72%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on J shares. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Citigroup increased their price target on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Wells Fargo & Company dropped their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Finally, Weiss Ratings cut Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $153.40.

View Our Latest Analysis on Jacobs Solutions

Insiders Place Their Bets

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the transaction, the president owned 25,344 shares in the company, valued at $3,399,390.72. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Manuel J. Fernandez acquired 403 shares of the stock in a transaction on Friday, May 8th. The shares were purchased at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the transaction, the director directly owned 12,251 shares in the company, valued at approximately $1,493,764.43. This trade represents a 3.40% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 4,257 shares of company stock worth $477,651 in the last 90 days. Company insiders own 0.48% of the company’s stock.

Jacobs Solutions Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)

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