Insider Buying: Jacobs Solutions (NYSE:J) CFO Purchases 750 Shares of Stock

Jacobs Solutions Inc. (NYSE:J) CFO Venkatesh Nathamuni bought 750 shares of Jacobs Solutions stock in a transaction dated Monday, November 24th. The stock was purchased at an average price of $135.11 per share, with a total value of $101,332.50. Following the completion of the purchase, the chief financial officer owned 20,785 shares in the company, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Jacobs Solutions Stock Up 0.4%

Shares of Jacobs Solutions stock traded up $0.58 on Tuesday, hitting $133.45. The company had a trading volume of 1,165,025 shares, compared to its average volume of 875,315. The stock has a 50 day moving average of $152.55 and a 200-day moving average of $142.16. Jacobs Solutions Inc. has a 1 year low of $106.23 and a 1 year high of $168.44. The stock has a market capitalization of $15.95 billion, a price-to-earnings ratio of 33.28, a P/E/G ratio of 1.87 and a beta of 0.83. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.08. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The business had revenue of $3.15 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the previous year, the company earned $1.37 earnings per share. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. As a group, sell-side analysts forecast that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 2nd will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, December 2nd. Jacobs Solutions’s payout ratio is currently 52.89%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on J. UBS Group upped their price target on Jacobs Solutions from $152.00 to $166.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Barclays upped their price objective on Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a research report on Monday. They issued a “buy” rating and a $158.00 target price on the stock. Citigroup lowered their price objective on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research report on Friday. Finally, Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $155.90.

Hedge Funds Weigh In On Jacobs Solutions

A number of hedge funds have recently bought and sold shares of J. Ameriprise Financial Inc. raised its stake in Jacobs Solutions by 828.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after buying an additional 1,184,068 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Jacobs Solutions by 68.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after acquiring an additional 525,291 shares during the period. Ninety One UK Ltd raised its position in shares of Jacobs Solutions by 20.4% during the 3rd quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock valued at $460,016,000 after purchasing an additional 520,417 shares during the period. Invesco Ltd. lifted its position in shares of Jacobs Solutions by 21.4% in the second quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock valued at $342,738,000 after acquiring an additional 460,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Jacobs Solutions by 350.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock worth $72,638,000 after purchasing an additional 429,880 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Company Profile

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.