Town & Country Bank & Trust CO dba First Bankers Trust CO Buys Shares of 10,972 Jacobs Solutions Inc. $J

Town & Country Bank & Trust CO dba First Bankers Trust CO purchased a new position in shares of Jacobs Solutions Inc. (NYSE:J) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,972 shares of the company’s stock, valued at approximately $1,644,000.

A number of other institutional investors have also recently made changes to their positions in the business. Empowered Funds LLC boosted its position in Jacobs Solutions by 92.3% in the 1st quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after buying an additional 3,226 shares during the period. Woodline Partners LP raised its stake in shares of Jacobs Solutions by 38.7% in the first quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after acquiring an additional 2,891 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Jacobs Solutions in the second quarter valued at $321,000. V Square Quantitative Management LLC boosted its holdings in Jacobs Solutions by 30.6% in the second quarter. V Square Quantitative Management LLC now owns 2,682 shares of the company’s stock valued at $353,000 after purchasing an additional 629 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in Jacobs Solutions by 13.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 91,030 shares of the company’s stock worth $11,966,000 after purchasing an additional 10,670 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Wall Street Zen lowered Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 25th. Bank of America lowered their price target on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Citigroup reduced their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, November 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a report on Monday, December 29th. Finally, KeyCorp upped their price objective on Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $156.60.

Insider Activity at Jacobs Solutions

In related news, CFO Venkatesh Nathamuni purchased 750 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was acquired at an average price of $135.11 per share, for a total transaction of $101,332.50. Following the completion of the purchase, the chief financial officer directly owned 20,785 shares of the company’s stock, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter J. Robertson acquired 1,000 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the completion of the transaction, the director owned 1,000 shares in the company, valued at $134,760. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 2,513 shares of company stock worth $335,878 in the last quarter. Company insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Down 0.5%

J opened at $136.04 on Friday. Jacobs Solutions Inc. has a one year low of $106.23 and a one year high of $168.44. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market capitalization of $16.06 billion, a P/E ratio of 56.21, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81. The business’s 50-day simple moving average is $136.40 and its 200-day simple moving average is $144.67.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s payout ratio is currently 52.89%.

About Jacobs Solutions

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.