Jacobs Solutions (NYSE:J) President Shannon Miller Sells 1,440 Shares

Jacobs Solutions Inc. (NYSE:JGet Free Report) President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the sale, the president directly owned 25,344 shares of the company’s stock, valued at $3,399,390.72. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $131.84 on Wednesday. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The company’s 50 day moving average is $137.96 and its 200 day moving average is $143.60. 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 company has a market cap of $15.48 billion, a PE ratio of 36.12, a price-to-earnings-growth ratio of 1.39 and a beta of 0.78.

Jacobs Solutions (NYSE:JGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.52 by $0.01. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, sell-side analysts forecast that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 20th will be given a dividend of $0.36 per share. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s payout ratio is presently 39.45%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on J shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Wall Street Zen raised Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday. Royal Bank Of Canada lowered their target price on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, November 21st. The Goldman Sachs Group assumed coverage on Jacobs Solutions in a report on Monday, November 24th. They set a “buy” rating and a $158.00 target price on the stock. Finally, Bank of America reduced their price target 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 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 a consensus price target of $156.60.

Get Our Latest Analysis on J

Institutional Investors Weigh In On Jacobs Solutions

Hedge funds have recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC increased its stake in shares of Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Jacobs Solutions during the third quarter worth approximately $27,000. Princeton Global Asset Management LLC purchased a new position in Jacobs Solutions during the fourth quarter worth approximately $30,000. Central Pacific Bank Trust Division acquired a new stake in Jacobs Solutions in the fourth quarter valued at approximately $31,000. Finally, Godsey & Gibb Inc. grew its holdings in Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after purchasing an additional 121 shares during the period. 85.65% of the stock is owned by hedge funds and other institutional investors.

About Jacobs Solutions

(Get 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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