6,360 Shares in Jacobs Solutions Inc. $J Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in shares of Jacobs Solutions Inc. (NYSE:JFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,360 shares of the company’s stock, valued at approximately $842,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Empowered Funds LLC raised its position in Jacobs Solutions by 92.3% during the first quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after acquiring an additional 3,226 shares in the last quarter. Woodline Partners LP raised its position in Jacobs Solutions by 38.7% during 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 during the second quarter valued at approximately $321,000. Baird Financial Group Inc. raised its position in Jacobs Solutions by 1.7% during the second quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock valued at $1,975,000 after acquiring an additional 248 shares in the last quarter. Finally, AXA S.A. raised its position in Jacobs Solutions by 14.9% during the second quarter. AXA S.A. now owns 19,670 shares of the company’s stock valued at $2,586,000 after acquiring an additional 2,556 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Up 0.7%

Jacobs Solutions stock opened at $114.83 on Friday. The stock has a market capitalization 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 12 month low of $105.68 and a 12 month high of $168.44. The business has a 50 day simple moving average of $124.64 and a 200-day simple moving average of $134.07. 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 (NYSE:JGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping 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 firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the previous year, the business earned $1.43 earnings per share. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts anticipate that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

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 is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.3%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 44.72%.

Wall Street Analyst Weigh In

J has been the subject of several recent research reports. Citigroup lifted their price target on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Wells Fargo & Company reduced their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research report on Tuesday. Finally, KeyCorp reduced their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company 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 MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.40.

Read Our Latest Report on J

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the transaction, the president owned 25,344 shares in the company, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their position. The sale 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 firm’s stock in a transaction on Friday, May 8th. The stock was purchased at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the acquisition, 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. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have bought 4,257 shares of company stock worth $477,651. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)

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