Jacobs Solutions (NYSE:J) Director Manuel Fernandez Acquires 253 Shares of Stock

Jacobs Solutions Inc. (NYSE:J) Director Manuel Fernandez bought 253 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of $112.56 per share, with a total value of $28,477.68. Following the completion of the acquisition, the director owned 12,504 shares in the company, valued at approximately $1,407,450.24. This represents a 2.07% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jacobs Solutions Price Performance

NYSE:J opened at $112.60 on Friday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 34.97, a price-to-earnings-growth ratio of 1.04 and a beta of 0.73. The company has a 50 day moving average price of $127.26 and a 200-day moving average price of $135.80. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44.

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

Jacobs Solutions Announces Dividend

The business 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 dividend on an annualized basis and a yield of 1.3%. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

Institutional Investors Weigh In On Jacobs Solutions

Large investors have recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new stake in shares of Jacobs Solutions during the third quarter worth $27,000. Princeton Global Asset Management LLC purchased a new stake in shares of Jacobs Solutions during the fourth quarter worth $30,000. Central Pacific Bank Trust Division purchased a new stake in shares of Jacobs Solutions during the fourth quarter worth $31,000. Geneos Wealth Management Inc. grew its holdings in shares of Jacobs Solutions by 65.4% during the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after buying an additional 87 shares in the last quarter. Finally, Wealth Watch Advisors INC purchased a new stake in shares of Jacobs Solutions during the third quarter worth $33,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on J. Citigroup upped their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Wells Fargo & Company reduced their price objective on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. KeyCorp reduced their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada upped their price objective on shares of Jacobs Solutions from $160.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $153.40.

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.