Incline Global Management LLC Takes Position in Jacobs Solutions Inc. $J

Incline Global Management LLC acquired a new stake in Jacobs Solutions Inc. (NYSE:J) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 80,466 shares of the company’s stock, valued at approximately $10,659,000. Jacobs Solutions makes up 3.6% of Incline Global Management LLC’s portfolio, making the stock its 17th biggest holding.

Other hedge funds also recently modified their holdings of the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Jacobs Solutions in the 3rd quarter valued at $27,000. Princeton Global Asset Management LLC bought a new stake in shares of Jacobs Solutions in the 4th quarter valued at $30,000. Central Pacific Bank Trust Division acquired a new position in Jacobs Solutions during the 4th quarter worth approximately $31,000. Wealth Watch Advisors INC acquired a new position in Jacobs Solutions during the 3rd quarter worth approximately $33,000. Finally, International Assets Investment Management LLC acquired a new position in Jacobs Solutions during the 4th quarter worth approximately $38,000. Institutional investors own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on J shares. Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Wells Fargo & Company dropped their price target on 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. KeyCorp dropped their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Finally, Wall Street Zen downgraded 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, the company presently has an average rating of “Moderate Buy” and an average target price of $153.40.

Insider Activity at Jacobs Solutions

In related news, CEO Robert V. Pragada acquired 3,601 shares of the stock in a transaction dated Friday, May 15th. The stock was purchased at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the purchase, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. This trade represents a 1.09% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Manuel J. Fernandez acquired 253 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $112.56 per share, with a total value of $28,477.68. Following the completion of the purchase, the director owned 12,504 shares of the company’s stock, valued at approximately $1,407,450.24. The trade was a 2.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders bought 4,257 shares of company stock valued at $477,651. Company insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Down 1.5%

J stock opened at $122.95 on Thursday. The stock’s 50 day simple moving average is $122.30 and its 200 day simple moving average is $130.83. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. 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 company has a market cap of $14.52 billion, a P/E ratio of 38.18, a price-to-earnings-growth ratio of 1.21 and a beta of 0.69.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, research analysts expect that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. Jacobs Solutions’s dividend payout ratio is 44.72%.

Jacobs Solutions 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.