Lombard Odier Asset Management Switzerland SA Invests $655,000 in Jacobs Solutions Inc. $J

Lombard Odier Asset Management Switzerland SA acquired a new stake in Jacobs Solutions Inc. (NYSE:J) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,147 shares of the company’s stock, valued at approximately $655,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in J. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions in the third quarter worth $27,000. Wealth Watch Advisors INC acquired a new position in Jacobs Solutions during the 3rd quarter worth $33,000. Princeton Global Asset Management LLC bought a new stake in Jacobs Solutions during the fourth quarter valued at about $30,000. International Assets Investment Management LLC acquired a new stake in shares of Jacobs Solutions in the fourth quarter valued at about $38,000. Finally, Torren Management LLC acquired a new stake in shares of Jacobs Solutions in the fourth quarter valued at about $41,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Up 4.2%

J opened at $140.86 on Wednesday. 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 current ratio of 1.43 and a quick ratio of 1.43. The firm’s fifty day moving average price is $124.84 and its two-hundred day moving average price is $129.21. The company has a market capitalization of $16.63 billion, a P/E ratio of 43.75, a P/E/G ratio of 1.31 and a beta of 0.69.

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

Jacobs Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 22nd were paid a $0.36 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. Jacobs Solutions’s payout ratio is presently 44.72%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. KeyCorp decreased their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Wells Fargo & Company lowered their price objective 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. Truist Financial cut their target price on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a research note on Thursday, July 2nd. Finally, Royal Bank Of Canada increased their price target on shares of Jacobs Solutions from $169.00 to $171.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $153.30.

Insider Transactions at Jacobs Solutions

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

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.