Jacobs Solutions (NYSE:J) Director Manuel Fernandez Purchases 403 Shares

Jacobs Solutions Inc. (NYSE:J) Director Manuel Fernandez bought 403 shares of Jacobs Solutions stock in a transaction on Friday, May 8th. The shares were acquired at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the completion of the acquisition, the director owned 12,251 shares in the company, valued at $1,493,764.43. This represents a 3.40% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jacobs Solutions Stock Performance

NYSE:J opened at $114.31 on Wednesday. Jacobs Solutions Inc. has a 52 week low of $114.14 and a 52 week high of $168.44. The company has a fifty day simple moving average of $128.42 and a two-hundred day simple moving average of $136.51. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. The company has a market cap of $13.50 billion, a price-to-earnings ratio of 35.50, a price-to-earnings-growth ratio of 1.14 and a beta of 0.73.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data 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 return on equity of 22.29% and a net margin of 2.92%.The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the firm earned $1.43 earnings per share. The company’s revenue for the quarter 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. As a group, equities analysts anticipate 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. This represents a $1.44 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio (DPR) is presently 44.72%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on J shares. Wells Fargo & Company reduced 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 report on Thursday, May 7th. Robert W. Baird dropped their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Weiss Ratings lowered Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Citigroup increased their price target on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, KeyCorp reduced their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.40.

Institutional Investors Weigh In On Jacobs Solutions

Several hedge funds have recently modified their holdings of J. PNC Financial Services Group Inc. boosted its holdings in Jacobs Solutions by 5.1% in the first quarter. PNC Financial Services Group Inc. now owns 41,394 shares of the company’s stock valued at $5,269,000 after acquiring an additional 2,001 shares during the last quarter. Andra AP fonden acquired a new position in shares of Jacobs Solutions in the 1st quarter worth approximately $5,362,000. Long Road Investment Counsel LLC grew its position in shares of Jacobs Solutions by 4.4% during the 1st quarter. Long Road Investment Counsel LLC now owns 4,775 shares of the company’s stock valued at $608,000 after buying an additional 200 shares during the last quarter. Johnson Financial Group Inc. grew its stake in Jacobs Solutions by 287.5% during the 1st quarter. Johnson Financial Group Inc. now owns 5,964 shares of the company’s stock worth $759,000 after buying an additional 4,425 shares during the last quarter. Finally, WCM Investment Management LLC acquired a new stake in shares of Jacobs Solutions in the first quarter valued at approximately $256,000. 85.65% of the stock is owned by institutional investors and hedge funds.

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.