Lee Johnson Capital Management LLC Purchases New Shares in Jacobs Solutions Inc. $J

Lee Johnson Capital Management LLC acquired a new stake in shares of Jacobs Solutions Inc. (NYSE:J) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,544 shares of the company’s stock, valued at approximately $681,000.

A number of other large investors have also modified their holdings of J. Ameriprise Financial Inc. increased its holdings in shares of Jacobs Solutions by 828.5% in the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after purchasing an additional 1,184,068 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Jacobs Solutions by 68.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock worth $168,194,000 after acquiring an additional 525,291 shares during the period. Invesco Ltd. boosted its position in shares of Jacobs Solutions by 21.4% during the 2nd quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock valued at $342,738,000 after acquiring an additional 460,283 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Jacobs Solutions by 350.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock valued at $72,638,000 after acquiring an additional 429,880 shares during the last quarter. Finally, Ninety One UK Ltd increased its position in Jacobs Solutions by 17.1% during the second quarter. Ninety One UK Ltd now owns 2,549,219 shares of the company’s stock worth $335,095,000 after purchasing an additional 372,275 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, CFO Venkatesh Nathamuni acquired 750 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average price of $135.11 per share, for a total transaction of $101,332.50. Following the completion of the acquisition, the chief financial officer owned 20,785 shares of the company’s stock, valued at approximately $2,808,261.35. This trade represents a 3.74% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Manuel J. Fernandez bought 763 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the purchase, the director owned 10,380 shares in the company, valued at $1,357,496.40. This trade represents a 7.93% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have acquired 2,513 shares of company stock valued at $335,878. 0.48% of the stock is currently owned by corporate insiders.

Jacobs Solutions Stock Down 1.0%

Jacobs Solutions stock opened at $133.92 on Wednesday. The company has a market capitalization of $15.81 billion, a PE ratio of 55.34, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30. Jacobs Solutions Inc. has a fifty-two week low of $106.23 and a fifty-two week high of $168.44. The firm has a 50 day moving average price of $143.57 and a 200 day moving average price of $143.81.

Jacobs Solutions (NYSE:J) 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 19.14% and a net margin of 2.41%.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 expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were paid a dividend of $0.32 per share. The ex-dividend date was Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.0%. Jacobs Solutions’s dividend payout ratio is 52.89%.

Analysts Set New Price Targets

Several research firms have weighed in on J. Citigroup decreased their target price on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, November 21st. The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They set a “buy” rating and a $158.00 price target on the stock. Baird R W lowered Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Bank of America reduced their target price on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Finally, Wells Fargo & Company decreased their price target on Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Friday, November 21st. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Jacobs Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $155.90.

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.