Jacobs Solutions (NYSE:J) President Sells 17,201 Shares

Jacobs Solutions Inc. (NYSE:J) President Patrick Hill sold 17,201 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the transaction, the president owned 67,356 shares in the company, valued at $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Jacobs Solutions Trading Up 0.2%

NYSE J traded up $0.22 during trading on Tuesday, hitting $147.55. The stock had a trading volume of 604,108 shares, compared to its average volume of 907,406. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44. The stock has a 50 day simple moving average of $129.65 and a 200 day simple moving average of $129.37. The stock has a market capitalization of $17.42 billion, a price-to-earnings ratio of 52.32, a P/E/G ratio of 1.42 and a beta of 0.68. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period in the prior year, the business posted $1.62 earnings per share. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Sell-side analysts predict that Jacobs Solutions Inc. will post 7.26 earnings per share for the current year.

Jacobs Solutions Announces Dividend

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 issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 51.06%.

Institutional Trading of Jacobs Solutions

Several hedge funds have recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new stake in Jacobs Solutions in the third quarter valued at approximately $27,000. Wealth Watch Advisors INC purchased a new stake in Jacobs Solutions during the 3rd quarter worth approximately $33,000. Keating Financial Advisory Services Inc. purchased a new stake in Jacobs Solutions during the 2nd quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new stake in Jacobs Solutions during the 4th quarter worth approximately $38,000. Finally, Torren Management LLC acquired a new stake in Jacobs Solutions during the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

J has been the topic of several research analyst reports. UBS Group boosted their price target on Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research note on Monday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Jacobs Solutions in a report on Monday, August 3rd. KeyCorp dropped their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Robert W. Baird reduced their price target 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. Finally, Citigroup lifted their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $153.70.

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.