Oak Thistle LLC Buys Shares of 16,189 Jacobs Solutions Inc. $J

Oak Thistle LLC bought a new stake in Jacobs Solutions Inc. (NYSE:JFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 16,189 shares of the company’s stock, valued at approximately $2,144,000.

Several other hedge funds have also recently bought and sold shares of the company. BIP Wealth LLC bought a new position in Jacobs Solutions in the 4th quarter valued at about $571,000. Yousif Capital Management LLC grew its holdings in shares of Jacobs Solutions by 1.8% during the 4th quarter. Yousif Capital Management LLC now owns 13,201 shares of the company’s stock valued at $1,798,000 after purchasing an additional 234 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Jacobs Solutions by 36.2% during the 4th quarter. Signaturefd LLC now owns 1,197 shares of the company’s stock valued at $159,000 after purchasing an additional 318 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of Jacobs Solutions during the 4th quarter valued at approximately $30,000. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in shares of Jacobs Solutions by 12.8% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,375 shares of the company’s stock valued at $1,639,000 after purchasing an additional 1,403 shares during the last quarter. 85.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

J has been the topic of several research reports. Wall Street Zen raised shares of Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Wells Fargo & Company lifted their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a report on Monday, December 29th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $156.60.

View Our Latest Stock Analysis on Jacobs Solutions

Insider Activity

In other news, President Shannon Miller sold 1,440 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $134.13, for a total value of $193,147.20. Following the transaction, the president owned 25,344 shares in the company, valued at approximately $3,399,390.72. The trade was a 5.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Down 0.8%

NYSE:J opened at $126.97 on Wednesday. The firm’s 50 day simple moving average is $134.19 and its 200 day simple moving average is $141.06. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.33. Jacobs Solutions Inc. has a one year low of $108.39 and a one year high of $168.44. The company has a market cap of $14.91 billion, a PE ratio of 34.79, a P/E/G ratio of 1.32 and a beta of 0.77.

Jacobs Solutions (NYSE:JGet Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, research analysts anticipate that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 20th were given a $0.36 dividend. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date was Friday, February 20th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio is presently 39.45%.

Jacobs Solutions Company Profile

(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.

Further Reading

Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)

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