Jacobs Solutions Inc. $J Shares Bought by Focus Partners Wealth

Focus Partners Wealth raised its position in Jacobs Solutions Inc. (NYSE:J) by 246.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,338,698 shares of the company’s stock after acquiring an additional 952,151 shares during the quarter. Focus Partners Wealth’s holdings in Jacobs Solutions were worth $177,324,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In other news, CEO Robert V. Pragada acquired 3,601 shares of the business’s stock in a transaction on Friday, May 15th. The stock was bought at an average price of $111.09 per share, with a total value of $400,035.09. Following the completion of the acquisition, the chief executive officer owned 333,755 shares of the company’s stock, valued at approximately $37,076,842.95. This represents a 1.09% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Manuel J. Fernandez acquired 403 shares of the business’s stock in a transaction on Friday, May 8th. The stock was purchased at an average cost of $121.93 per share, with a total value of $49,137.79. Following the acquisition, the director directly owned 12,251 shares of the company’s stock, valued at $1,493,764.43. This represents a 3.40% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 4,257 shares of company stock valued at $477,651 in the last ninety days. 0.48% of the stock is owned by corporate insiders.

Jacobs Solutions Trading Up 0.6%

Shares of Jacobs Solutions stock opened at $127.10 on Friday. 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 has a fifty day moving average price of $122.54 and a 200 day moving average price of $131.08. Jacobs Solutions Inc. has a 1 year low of $105.68 and a 1 year high of $168.44. The stock has a market cap of $15.01 billion, a PE ratio of 39.47, a price-to-earnings-growth ratio of 1.23 and a beta of 0.69.

Jacobs Solutions (NYSE:J) last issued its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter last year, the company posted $1.43 earnings per share. The firm’s revenue 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. Equities research analysts predict that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. Jacobs Solutions’s payout ratio is presently 44.72%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on J shares. Weiss Ratings downgraded shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Robert W. Baird lowered their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Royal Bank Of Canada reiterated an “outperform” rating and set a $169.00 price objective on shares of Jacobs Solutions in a research note on Tuesday, May 19th. Wells Fargo & Company reduced their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Finally, KeyCorp reduced their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. 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.com, the stock 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.