Key Points
- CEO Robert Pragada bought 3,601 shares of Jacobs Solutions on May 15 at an average price of $111.09, increasing his holdings by about 1.09% to 333,755 shares.
- Jacobs Solutions recently beat quarterly earnings and revenue estimates, reporting $1.75 EPS on $2.33 billion in revenue, and raised FY 2026 EPS guidance to $7.10-$7.35.
- The company also announced a quarterly dividend of $0.36 per share, payable June 19, implying a 1.3% annualized yield.
Jacobs Solutions Inc. (NYSE:J - Get Free Report) CEO Robert Pragada purchased 3,601 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The shares were 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 $37,076,842.95. This trade represents a 1.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Jacobs Solutions Stock Performance
J stock opened at $113.52 on Tuesday. 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 stock has a market cap of $13.40 billion, a P/E ratio of 35.26, a P/E/G ratio of 1.07 and a beta of 0.73. The firm has a 50 day simple moving average of $126.25 and a 200 day simple moving average of $135.13. Jacobs Solutions Inc. has a 52 week low of $105.68 and a 52 week high of $168.44.
Jacobs Solutions (NYSE:J - Get Free Report) last posted 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. The business had revenue of $2.33 billion during the quarter, compared to analysts' expectations of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The firm's quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Research analysts anticipate that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.
Jacobs Solutions Dividend Announcement
The business also recently declared 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 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions's dividend payout ratio (DPR) is currently 44.72%.
Hedge Funds Weigh In On Jacobs Solutions
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janus Henderson Group PLC raised its position in shares of Jacobs Solutions by 21.6% in the first quarter. Janus Henderson Group PLC now owns 569,689 shares of the company's stock valued at $72,493,000 after purchasing an additional 101,137 shares during the period. Bull Harbor Capital LLC bought a new position in shares of Jacobs Solutions in the first quarter valued at approximately $210,000. Amundi raised its position in shares of Jacobs Solutions by 24.4% in the first quarter. Amundi now owns 849,375 shares of the company's stock valued at $108,101,000 after purchasing an additional 166,467 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Jacobs Solutions by 5.7% in the first quarter. EverSource Wealth Advisors LLC now owns 2,311 shares of the company's stock valued at $294,000 after purchasing an additional 125 shares during the period. Finally, Empire Financial Management Company LLC raised its position in shares of Jacobs Solutions by 7.6% in the first quarter. Empire Financial Management Company LLC now owns 16,104 shares of the company's stock valued at $2,050,000 after purchasing an additional 1,138 shares during the period. Institutional investors own 85.65% of the company's stock.
Analysts Set New Price Targets
J has been the subject of several research reports. Robert W. Baird decreased their price target on shares of Jacobs Solutions from $130.00 to $126.00 and set a "neutral" rating for the company in a report on Monday, April 13th. Zacks Research raised shares of Jacobs Solutions from a "strong sell" rating to a "hold" rating in a research report on Thursday, February 5th. Royal Bank Of Canada raised their price objective on shares of Jacobs Solutions from $160.00 to $169.00 and gave the company an "outperform" rating in a research report on Wednesday, May 6th. Citigroup raised their price objective 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. Finally, KeyCorp cut their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Jacobs Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $153.40.
Check Out Our Latest Research Report on Jacobs Solutions
About Jacobs Solutions
(
Get 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.
Further Reading
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