Manuel Fernandez Purchases 253 Shares of Jacobs Solutions (NYSE:J) Stock

Jacobs Solutions Inc. (NYSE:J) Director Manuel Fernandez bought 253 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were purchased 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 owned 12,504 shares of the company’s stock, valued at $1,407,450.24. This trade represents a 2.07% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Jacobs Solutions Trading Up 5.0%

Shares of NYSE J traded up $5.33 during trading hours on Thursday, hitting $112.60. The company’s stock had a trading volume of 2,538,608 shares, compared to its average volume of 1,015,929. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a market cap of $13.30 billion, a price-to-earnings ratio of 34.97, a P/E/G ratio of 1.11 and a beta of 0.73. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The business has a 50-day simple moving average of $127.78 and a 200-day simple moving average of $136.13.

Jacobs Solutions (NYSE:J) last released 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 return on equity of 22.29% and a net margin of 2.92%.The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the company posted $1.43 EPS. Jacobs Solutions’s quarterly revenue was up 8.9% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts anticipate that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

Institutional Investors Weigh In On Jacobs Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in Jacobs Solutions during the third quarter valued at $27,000. Princeton Global Asset Management LLC bought a new stake in shares of Jacobs Solutions during the 4th quarter valued at $30,000. Central Pacific Bank Trust Division purchased a new stake in shares of Jacobs Solutions in the 4th quarter worth about $31,000. Geneos Wealth Management Inc. grew its position in shares of Jacobs Solutions by 65.4% in 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. Finally, Wealth Watch Advisors INC bought a new position in shares of Jacobs Solutions in the 3rd quarter worth about $33,000. 85.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

J has been the topic of several recent analyst reports. Citigroup lifted their price target on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings cut shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Wells Fargo & Company cut their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Royal Bank Of Canada boosted their price target on shares of Jacobs Solutions from $160.00 to $169.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $153.40.

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.