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

Jacobs Solutions Inc. (NYSE:J) Director Manuel Fernandez bought 403 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was purchased at an average cost of $121.93 per share, for a total transaction of $49,137.79. Following the completion of the acquisition, the director owned 12,251 shares in the company, valued at $1,493,764.43. This trade represents a 3.40% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jacobs Solutions Stock Performance

Jacobs Solutions stock traded down $2.71 during midday trading on Tuesday, reaching $114.31. 1,548,163 shares of the company’s stock were exchanged, compared to its average volume of 980,865. The stock’s 50-day simple moving average is $128.89 and its 200 day simple moving average is $136.81. The firm has a market cap of $13.50 billion, a price-to-earnings ratio of 35.50, a P/E/G ratio of 1.15 and a beta of 0.73. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. Jacobs Solutions Inc. has a 52 week low of $114.14 and a 52 week high of $168.44.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The business’s revenue was up 8.9% on a year-over-year basis. During the same period last year, the firm posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts expect that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 annualized dividend and a dividend yield of 1.3%. Jacobs Solutions’s payout ratio is presently 44.72%.

Hedge Funds Weigh In On Jacobs Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions during the 3rd quarter worth $27,000. Princeton Global Asset Management LLC acquired a new position in Jacobs Solutions in the fourth quarter valued at about $30,000. Central Pacific Bank Trust Division bought a new stake in Jacobs Solutions during the fourth quarter worth about $31,000. Geneos Wealth Management Inc. lifted its position in Jacobs Solutions by 65.4% during the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after purchasing an additional 87 shares during the period. Finally, Godsey & Gibb Inc. grew its stake in Jacobs Solutions by 121.0% during the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after buying an additional 121 shares in the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

J has been the subject of several research reports. Wells Fargo & Company cut 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 report on Thursday, May 7th. Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Citigroup upped their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Royal Bank Of Canada increased their price objective on Jacobs Solutions from $160.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Finally, Robert W. Baird reduced their target price on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Six equities 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, the company has an average 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.