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

Jacobs Solutions Inc. (NYSE:J) Director Manuel Fernandez purchased 403 shares of Jacobs Solutions stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the transaction, the director directly owned 12,251 shares in the company, valued at $1,493,764.43. This represents a 3.40% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Jacobs Solutions Price Performance

J traded down $2.71 during trading on Tuesday, hitting $114.31. 1,548,163 shares of the stock traded hands, compared to its average volume of 980,865. The business has a 50 day moving average price of $128.89 and a 200 day moving average price of $136.81. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. Jacobs Solutions Inc. has a twelve month low of $114.14 and a twelve month high of $168.44. The company has a market cap of $13.50 billion, a price-to-earnings ratio of 35.50, a PEG ratio of 1.15 and a beta of 0.73.

Jacobs Solutions (NYSE:J) last issued its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter last year, the business posted $1.43 EPS. The company’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 forecast that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 annualized dividend and a yield of 1.3%. Jacobs Solutions’s dividend payout ratio (DPR) is 44.72%.

Institutional Trading of Jacobs Solutions

A number of hedge funds have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Jacobs Solutions during the third quarter worth about $27,000. Princeton Global Asset Management LLC bought a new position in Jacobs Solutions in the 4th quarter valued at approximately $30,000. Central Pacific Bank Trust Division bought a new position in Jacobs Solutions in the 4th quarter valued at approximately $31,000. Geneos Wealth Management Inc. boosted its position in Jacobs Solutions by 65.4% during the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after buying an additional 87 shares during the period. Finally, Godsey & Gibb Inc. boosted its position in Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after buying an additional 121 shares during the period. 85.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

J has been the subject of several research analyst reports. Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. KeyCorp reduced their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Wells Fargo & Company dropped their price objective on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Finally, Citigroup raised their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.40.

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.