Y.D. More Investments Ltd Raises Stake in Jacobs Solutions Inc. $J

Y.D. More Investments Ltd raised its stake in Jacobs Solutions Inc. (NYSE:J) by 196.5% during the first quarter, Holdings Channel reports. The fund owned 30,535 shares of the company’s stock after buying an additional 20,235 shares during the period. Y.D. More Investments Ltd’s holdings in Jacobs Solutions were worth $3,886,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new position in Jacobs Solutions during the third quarter valued at $27,000. Wealth Watch Advisors INC bought a new stake in shares of Jacobs Solutions in the third quarter valued at $33,000. Princeton Global Asset Management LLC purchased a new position in shares of Jacobs Solutions during the 4th quarter valued at $30,000. Central Pacific Bank Trust Division purchased a new position in shares of Jacobs Solutions during the 4th quarter valued at $31,000. Finally, International Assets Investment Management LLC bought a new position in shares of Jacobs Solutions during the 4th quarter worth $38,000. 85.65% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Robert V. Pragada acquired 3,601 shares of Jacobs Solutions stock in a transaction on Friday, May 15th. The shares were acquired at an average cost of $111.09 per share, with a total value of $400,035.09. Following the transaction, the chief executive officer owned 333,755 shares in the company, valued at $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Manuel J. Fernandez acquired 253 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average price of $112.56 per share, with a total value of $28,477.68. Following the completion of the acquisition, the director directly owned 12,504 shares in the company, valued at approximately $1,407,450.24. This represents a 2.07% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 4,257 shares of company stock worth $477,651 over the last three months. 0.48% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

J has been the topic of several research reports. Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. 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 note on Thursday, May 7th. KeyCorp lowered their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Royal Bank Of Canada restated an “outperform” rating and set a $169.00 target price on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Finally, Truist Financial cut their price target on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a report on Thursday, July 2nd. 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, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $153.10.

Jacobs Solutions Trading Down 0.0%

Shares of Jacobs Solutions stock opened at $125.77 on Monday. Jacobs Solutions Inc. has a 1 year low of $105.68 and a 1 year high of $168.44. The firm has a market cap of $14.85 billion, a PE ratio of 39.06, a PEG ratio of 1.22 and a beta of 0.69. 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 company has a 50 day simple moving average of $121.62 and a two-hundred day simple moving average of $129.52.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the business earned $1.43 earnings per share. The business’s quarterly revenue was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Analysts expect that Jacobs Solutions Inc. will post 7.23 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

Jacobs Solutions Company Profile

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.