SFE Investment Counsel Purchases New Shares in Jacobs Solutions Inc. $J

SFE Investment Counsel acquired a new stake in Jacobs Solutions Inc. (NYSE:J) in the second quarter, Holdings Channel reports. The institutional investor acquired 75,087 shares of the company’s stock, valued at approximately $9,461,000. Jacobs Solutions makes up approximately 1.3% of SFE Investment Counsel’s investment portfolio, making the stock its 29th largest position.

Other large investors have also modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in Jacobs Solutions in the 3rd quarter worth about $27,000. Wealth Watch Advisors INC purchased a new position in Jacobs Solutions during the third quarter worth approximately $33,000. International Assets Investment Management LLC acquired a new stake in Jacobs Solutions in the fourth quarter valued at approximately $38,000. Torren Management LLC acquired a new stake in Jacobs Solutions in the fourth quarter valued at approximately $41,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Jacobs Solutions in the fourth quarter valued at approximately $46,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Insiders Place Their Bets

In related news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the completion of the sale, the president owned 67,356 shares in the company, valued at approximately $9,705,999.60. This trade represents a 20.34% decrease in their position. The transaction 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.

Wall Street Analyst Weigh In

J has been the subject of several research analyst reports. KeyCorp reduced 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. Truist Financial reduced 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 report on Thursday, July 2nd. Wells Fargo & Company decreased their price target 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. Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Jacobs Solutions in a research report on Monday, August 3rd. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.70.

Jacobs Solutions Trading Up 0.5%

NYSE J opened at $144.67 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29. The stock has a market capitalization of $17.08 billion, a P/E ratio of 51.30, a PEG ratio of 1.39 and a beta of 0.68. The firm’s 50-day moving average is $130.97 and its two-hundred day moving average is $129.56. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.01. The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the business earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, sell-side analysts anticipate that Jacobs Solutions Inc. will post 7.26 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 21st will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 51.06%.

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.