De Lisle Partners LLP acquired a new stake in Jacobs Solutions Inc. (NYSE:J – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 18,500 shares of the company’s stock, valued at approximately $2,431,000.
Several other institutional investors and hedge funds have also made changes to their positions in J. Costello Asset Management INC acquired a new stake in shares of Jacobs Solutions in the second quarter valued at approximately $43,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in Jacobs Solutions in the 2nd quarter valued at $44,000. Colonial Trust Advisors acquired a new stake in shares of Jacobs Solutions in the 1st quarter worth $51,000. Ransom Advisory Ltd acquired a new stake in shares of Jacobs Solutions in the 2nd quarter worth $53,000. Finally, True Wealth Design LLC raised its holdings in shares of Jacobs Solutions by 30.7% during the 2nd quarter. True Wealth Design LLC now owns 447 shares of the company’s stock worth $59,000 after acquiring an additional 105 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts recently issued reports on J shares. Baird R W cut shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. The Goldman Sachs Group assumed coverage on shares of Jacobs Solutions in a report on Monday, November 24th. They set a “buy” rating and a $158.00 price target for the company. Bank of America decreased their price objective on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Barclays increased their price objective on Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, UBS Group lifted their target price on Jacobs Solutions from $152.00 to $166.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $155.90.
Jacobs Solutions Stock Down 0.6%
Shares of NYSE J opened at $134.99 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The business’s 50 day moving average is $151.51 and its two-hundred day moving average is $142.30. Jacobs Solutions Inc. has a 52-week low of $106.23 and a 52-week high of $168.44. The firm has a market cap of $16.03 billion, a price-to-earnings ratio of 33.66, a PEG ratio of 1.87 and a beta of 0.83.
Jacobs Solutions (NYSE:J – Get Free Report) last released its quarterly earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.67 by $0.08. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $3.14 billion. During the same period last year, the business posted $1.37 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Research analysts predict that Jacobs Solutions Inc. will post 6.05 EPS for the current year.
Jacobs Solutions Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 2nd. Jacobs Solutions’s payout ratio is currently 52.89%.
Insiders Place Their Bets
In other Jacobs Solutions news, CFO Venkatesh Nathamuni purchased 750 shares of Jacobs Solutions stock in a transaction dated Monday, November 24th. The shares were acquired at an average price of $135.11 per share, with a total value of $101,332.50. Following the completion of the transaction, the chief financial officer owned 20,785 shares of the company’s stock, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Peter J. Robertson acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was acquired at an average price of $134.76 per share, with a total value of $134,760.00. Following the acquisition, the director directly owned 1,000 shares of the company’s stock, valued at approximately $134,760. This represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 2,513 shares of company stock worth $335,878 over the last three months. Company insiders own 0.38% of the company’s stock.
About Jacobs Solutions
Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.
See Also
- Five stocks we like better than Jacobs Solutions
- What does consumer price index measure?
- Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care
- What Does a Stock Split Mean?
- SoFi Technologies: From Fintech Speculation to Profit Engine
- What is the NASDAQ Stock Exchange?
- Gold to $5,000? What Bank of America and UBS Have to Say
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.
