Louisbourg Investments Inc. Decreases Stock Holdings in Jacobs Solutions Inc. $J

Louisbourg Investments Inc. trimmed its position in Jacobs Solutions Inc. (NYSE:J) by 11.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,937 shares of the company’s stock after selling 5,675 shares during the period. Louisbourg Investments Inc.’s holdings in Jacobs Solutions were worth $5,338,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of J. Measured Wealth Private Client Group LLC purchased a new stake in Jacobs Solutions in the third quarter valued at about $27,000. Wealth Watch Advisors INC purchased a new stake in shares of Jacobs Solutions during the third quarter worth about $33,000. Princeton Global Asset Management LLC acquired a new position in shares of Jacobs Solutions during the fourth quarter valued at about $30,000. Central Pacific Bank Trust Division acquired a new position in shares of Jacobs Solutions during the fourth quarter valued at about $31,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Jacobs Solutions in the 4th quarter valued at approximately $38,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Stock Performance

J opened at $125.79 on Friday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a fifty day moving average price of $121.65 and a 200 day moving average price of $130.14. Jacobs Solutions Inc. has a 1 year low of $105.68 and a 1 year high of $168.44. The stock has a market cap of $14.85 billion, a P/E ratio of 39.06, a P/E/G ratio of 1.22 and a beta of 0.69.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, topping 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%.Jacobs Solutions’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Equities research analysts anticipate that Jacobs Solutions Inc. will post 7.23 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 22nd were given a dividend of $0.36 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. Jacobs Solutions’s payout ratio is presently 44.72%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on J shares. Weiss Ratings downgraded shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Royal Bank Of Canada restated an “outperform” rating and issued a $169.00 target price on shares of Jacobs Solutions in a research note on Tuesday, May 19th. Citigroup lifted their price target on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.40.

Insider Activity

In related news, Director Manuel J. Fernandez bought 253 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of $112.56 per share, for a total transaction of $28,477.68. Following the acquisition, the director directly owned 12,504 shares in the company, valued at $1,407,450.24. This represents a 2.07% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Robert V. Pragada bought 3,601 shares of the business’s stock in a transaction on 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 completion of the purchase, the chief executive officer directly owned 333,755 shares in the company, valued at approximately $37,076,842.95. The trade was a 1.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 4,257 shares of company stock valued at $477,651. 0.48% of the stock is owned by corporate 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.