Capstone Investment Advisors LLC Makes New $7.01 Million Investment in Jacobs Solutions Inc. $J

Capstone Investment Advisors LLC acquired a new stake in Jacobs Solutions Inc. (NYSE:JFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 55,609 shares of the company’s stock, valued at approximately $7,007,000.

Other hedge funds also recently made changes to their positions in the company. Vident Advisory LLC increased its stake in Jacobs Solutions by 0.8% during the 2nd quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock worth $1,287,000 after buying an additional 75 shares during the period. Gratus Wealth Advisors LLC boosted its position in Jacobs Solutions by 1.3% in the 4th quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock valued at $820,000 after buying an additional 81 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its position in Jacobs Solutions by 0.7% in the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company’s stock valued at $1,585,000 after buying an additional 81 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of Jacobs Solutions by 10.4% during the third quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock valued at $137,000 after acquiring an additional 86 shares in the last quarter. Finally, Kestra Private Wealth Services LLC grew its stake in shares of Jacobs Solutions by 2.2% during the third quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company’s stock valued at $661,000 after acquiring an additional 93 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Analyst Ratings Changes

J has been the topic of several recent analyst reports. Citigroup boosted their price target on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded Jacobs Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Truist Financial dropped their price objective on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. KeyCorp cut their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada increased their target price on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Jacobs Solutions has an average rating of “Moderate Buy” and a consensus target price of $153.70.

Check Out Our Latest Analysis on Jacobs Solutions

Insider Transactions at Jacobs Solutions

In other news, President Patrick Hill sold 17,201 shares of the business’s stock in a transaction on 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 completion of the transaction, the president owned 67,356 shares of the company’s stock, valued at approximately $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Performance

Shares of NYSE J opened at $150.41 on Friday. 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’s 50-day moving average price is $135.41 and its two-hundred day moving average price is $130.11. Jacobs Solutions Inc. has a 52-week low of $105.68 and a 52-week high of $168.44. The stock has a market capitalization of $17.76 billion, a P/E ratio of 53.34, a P/E/G ratio of 1.46 and a beta of 0.68.

Jacobs Solutions (NYSE:JGet Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.83 by $0.01. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the company earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, sell-side analysts forecast that Jacobs Solutions Inc. will post 7.26 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be given a $0.36 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 annualized dividend and a yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 51.06%.

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.

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

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