Empowered Funds LLC Buys 9,001 Shares of Jacobs Solutions Inc. $J

Empowered Funds LLC lifted its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 116.2% in the 1st quarter, HoldingsChannel reports. The firm owned 16,744 shares of the company’s stock after buying an additional 9,001 shares during the quarter. Empowered Funds LLC’s holdings in Jacobs Solutions were worth $2,131,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vident Advisory LLC lifted its stake in Jacobs Solutions by 0.8% in the second quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock valued at $1,287,000 after purchasing an additional 75 shares during the last quarter. Gratus Wealth Advisors LLC increased its position in Jacobs Solutions by 1.3% in the fourth quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock worth $820,000 after buying an additional 81 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO raised its stake in shares of Jacobs Solutions by 0.7% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company’s stock valued at $1,585,000 after buying an additional 81 shares during the period. Parallel Advisors LLC raised its stake in shares of Jacobs Solutions by 10.4% in the third quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock valued at $137,000 after buying an additional 86 shares during the period. Finally, Kestra Private Wealth Services LLC raised its stake in shares of Jacobs Solutions by 2.2% in the third quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company’s stock valued at $661,000 after buying an additional 93 shares during the period. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Stock Performance

Shares of J opened at $144.03 on Friday. The company has a market cap of $17.01 billion, a PE ratio of 51.08, a price-to-earnings-growth ratio of 1.40 and a beta of 0.68. The company has a current ratio of 1.29, a quick ratio of 1.43 and a debt-to-equity ratio of 1.10. The stock has a 50-day moving average price of $128.15 and a 200-day moving average price of $129.19. Jacobs Solutions Inc. has a 12-month low of $105.68 and a 12-month high of $168.44.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.83 by $0.01. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.Jacobs Solutions’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, equities analysts forecast that Jacobs Solutions Inc. will post 7.24 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, September 18th. Shareholders of record on Friday, August 21st will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s payout ratio is currently 51.06%.

Analyst Upgrades and Downgrades

J has been the subject of several research reports. Wells Fargo & Company cut their price target on 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. Truist Financial lowered their price objective on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research note on Thursday, July 2nd. KeyCorp dropped their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Citigroup increased their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada lifted their target price on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research note on Wednesday. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $152.22.

Insider Buying and Selling

In related news, CEO Robert V. Pragada acquired 3,601 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of $111.09 per share, with a total value of $400,035.09. Following the acquisition, the chief executive officer owned 333,755 shares of the company’s stock, valued at approximately $37,076,842.95. The trade was a 1.09% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Manuel J. Fernandez bought 253 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of $112.56 per share, with a total value of $28,477.68. Following the completion of the transaction, the director directly owned 12,504 shares of the company’s stock, valued at $1,407,450.24. This represents a 2.07% increase in their position. The SEC filing for this purchase provides additional information. 0.48% of the stock is owned by insiders.

Jacobs Solutions Company Profile

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.