Stevens Capital Management LP Buys New Shares in Jacobs Solutions Inc. $J

Stevens Capital Management LP purchased a new position in Jacobs Solutions Inc. (NYSE:J) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,900 shares of the company’s stock, valued at approximately $584,000.

A number of other institutional investors and hedge funds also recently modified their holdings of J. Cary Street Partners Investment Advisory LLC raised its position in shares of Jacobs Solutions by 103.3% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after purchasing an additional 95 shares during the period. Godsey & Gibb Inc. raised its holdings in Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after buying an additional 121 shares during the period. Geneos Wealth Management Inc. raised its holdings in Jacobs Solutions by 65.4% during the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after buying an additional 87 shares during the period. First Horizon Corp purchased a new stake in Jacobs Solutions during the third quarter valued at about $34,000. Finally, Golden State Wealth Management LLC boosted its holdings in shares of Jacobs Solutions by 63.3% in the third quarter. Golden State Wealth Management LLC now owns 258 shares of the company’s stock worth $39,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $137.76 on Friday. The firm has a market cap of $16.18 billion, a price-to-earnings ratio of 37.74, a P/E/G ratio of 1.43 and a beta of 0.80. Jacobs Solutions Inc. has a 1 year low of $106.23 and a 1 year high of $168.44. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $137.64 and a 200 day simple moving average of $144.64.

Jacobs Solutions (NYSE:J) last issued its earnings results on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the previous year, the company posted $1.33 earnings per share. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, sell-side analysts predict that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio is presently 35.07%.

Wall Street Analysts Forecast Growth

J has been the subject of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Royal Bank Of Canada decreased their target price on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. The Goldman Sachs Group began coverage on Jacobs Solutions in a report on Monday, November 24th. They set a “buy” rating and a $158.00 price target on the stock. Wall Street Zen downgraded Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 15th. Finally, Bank of America decreased their price objective on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $156.60.

Insiders Place Their Bets

In other Jacobs Solutions news, Director Manuel J. Fernandez acquired 763 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the acquisition, the director owned 10,380 shares of the company’s stock, valued at approximately $1,357,496.40. This trade represents a 7.93% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Venkatesh Nathamuni bought 750 shares of the stock in a transaction on Monday, November 24th. The shares were acquired at an average cost of $135.11 per share, for a total transaction of $101,332.50. Following the completion of the transaction, the chief financial officer directly owned 20,785 shares of the company’s stock, valued at approximately $2,808,261.35. The trade was a 3.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 2,513 shares of company stock valued at $335,878 over the last ninety days. Corporate insiders own 0.48% of the company’s stock.

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.