Catalyst Funds Management Pty Ltd Acquires New Position in Jacobs Solutions Inc. $J

Catalyst Funds Management Pty Ltd acquired a new stake in Jacobs Solutions Inc. (NYSE:J) during the 4th quarter, Holdings Channel.com reports. The firm acquired 25,000 shares of the company’s stock, valued at approximately $3,312,000. Jacobs Solutions makes up 0.8% of Catalyst Funds Management Pty Ltd’s portfolio, making the stock its 23rd biggest holding.

Other large investors have also bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in Jacobs Solutions in the third quarter valued at approximately $27,000. Princeton Global Asset Management LLC acquired a new position in Jacobs Solutions in the fourth quarter valued at approximately $30,000. Central Pacific Bank Trust Division acquired a new position in Jacobs Solutions in the fourth quarter valued at approximately $31,000. Wealth Watch Advisors INC acquired a new position in Jacobs Solutions in the third quarter valued at approximately $33,000. Finally, International Assets Investment Management LLC acquired a new stake in Jacobs Solutions in the fourth quarter worth $38,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Robert V. Pragada acquired 3,601 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the completion of the acquisition, the chief executive officer directly owned 333,755 shares in the company, valued at approximately $37,076,842.95. The trade was a 1.09% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Manuel J. Fernandez acquired 253 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $112.56 per share, for a total transaction 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 ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 4,257 shares of company stock worth $477,651 over the last ninety days. Company insiders own 0.48% of the company’s stock.

Jacobs Solutions Trading Up 0.7%

J opened at $114.83 on Friday. The firm’s fifty day moving average is $124.64 and its two-hundred day moving average is $134.07. 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 firm has a market cap of $13.56 billion, a PE ratio of 35.66, a price-to-earnings-growth ratio of 1.11 and a beta of 0.73. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44.

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

Jacobs Solutions Dividend Announcement

The business also recently disclosed 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 (DPR) is presently 44.72%.

Analyst Ratings Changes

J has been the topic of several analyst reports. 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 report on Thursday, May 7th. KeyCorp cut their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Citigroup increased their target price 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. Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $169.00 target price on shares of Jacobs Solutions in a report on Tuesday, May 19th. Six investment 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 currently has an average rating of “Moderate Buy” and an average price target of $153.40.

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.