Lombard Odier Asset Management Switzerland SA Acquires Shares of 5,147 Jacobs Solutions Inc. $J

Lombard Odier Asset Management Switzerland SA bought a new stake in Jacobs Solutions Inc. (NYSE:J) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 5,147 shares of the company’s stock, valued at approximately $655,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Jacobs Solutions in the 3rd quarter worth about $27,000. Wealth Watch Advisors INC bought a new position in Jacobs Solutions during the 3rd quarter valued at about $33,000. Princeton Global Asset Management LLC acquired a new position in Jacobs Solutions in the fourth quarter valued at about $30,000. International Assets Investment Management LLC acquired a new position in Jacobs Solutions in the fourth quarter valued at about $38,000. Finally, Torren Management LLC bought a new stake in Jacobs Solutions during the fourth quarter worth about $41,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Up 4.2%

Shares of NYSE J opened at $140.86 on Wednesday. Jacobs Solutions Inc. has a 12-month low of $105.68 and a 12-month high of $168.44. The firm’s 50-day simple moving average is $124.84 and its 200 day simple moving average is $129.21. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. The company has a market cap of $16.63 billion, a price-to-earnings ratio of 43.75, a price-to-earnings-growth ratio of 1.31 and a beta of 0.69.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter last year, the company posted $1.43 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, research analysts expect that Jacobs Solutions Inc. will post 7.23 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is 44.72%.

Insider Buying and Selling

In related news, Director Manuel J. Fernandez purchased 253 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average price of $112.56 per share, with a total value of $28,477.68. Following the completion of the acquisition, the director directly owned 12,504 shares in the company, valued at approximately $1,407,450.24. This trade represents a 2.07% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert V. Pragada acquired 3,601 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average price of $111.09 per share, with a total value of $400,035.09. Following the transaction, the chief executive officer directly owned 333,755 shares in the company, valued at $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 three months, insiders purchased 4,257 shares of company stock valued at $477,651. 0.48% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on J. Wells Fargo & Company dropped 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 report on Thursday, May 7th. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Royal Bank Of Canada increased their price target on Jacobs Solutions from $169.00 to $171.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Truist Financial dropped their price target on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a report on Thursday, July 2nd. Finally, KeyCorp cut their price objective on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $153.30.

Jacobs Solutions 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.