Cullen Frost Bankers Inc. Buys 11,761 Shares of Jacobs Solutions Inc. $J

Cullen Frost Bankers Inc. lifted its position in Jacobs Solutions Inc. (NYSE:J) by 12.7% in the fourth quarter, Holdings Channel reports. The firm owned 104,407 shares of the company’s stock after buying an additional 11,761 shares during the period. Cullen Frost Bankers Inc.’s holdings in Jacobs Solutions were worth $13,830,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of J. Empowered Funds LLC boosted its stake in shares of Jacobs Solutions by 92.3% during the first quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after purchasing an additional 3,226 shares in the last quarter. Woodline Partners LP lifted its holdings in Jacobs Solutions by 38.7% during the first quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock worth $1,252,000 after buying an additional 2,891 shares during the period. Sivia Capital Partners LLC purchased a new stake in Jacobs Solutions during the second quarter worth $321,000. Baird Financial Group Inc. boosted its position in Jacobs Solutions by 1.7% during the 2nd quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock valued at $1,975,000 after acquiring an additional 248 shares in the last quarter. Finally, AXA S.A. increased its holdings in shares of Jacobs Solutions by 14.9% in the 2nd quarter. AXA S.A. now owns 19,670 shares of the company’s stock valued at $2,586,000 after acquiring an additional 2,556 shares during the period. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Price Performance

Shares of Jacobs Solutions stock opened at $113.71 on Thursday. The firm has a market cap of $13.43 billion, a PE ratio of 35.31, a P/E/G ratio of 1.09 and a beta of 0.73. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44. 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 business has a 50-day moving average price of $125.36 and a 200 day moving average price of $134.50.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The firm’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Sell-side analysts predict that Jacobs Solutions Inc. will post 7.22 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, June 19th. Stockholders of record on Friday, May 22nd will be given a $0.36 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.3%. Jacobs Solutions’s dividend payout ratio is 44.72%.

Insider Activity

In other news, President Shannon Miller sold 1,440 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the transaction, the president directly owned 25,344 shares in the company, valued at approximately $3,399,390.72. This represents a 5.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Manuel J. Fernandez bought 253 shares of the company’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 acquisition, the director directly owned 12,504 shares in the company, valued at $1,407,450.24. The trade was a 2.07% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 4,257 shares of company stock worth $477,651 over the last ninety days. Corporate insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on J shares. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. KeyCorp decreased their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings lowered shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Wells Fargo & Company decreased their price objective on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Finally, Citigroup boosted their target price on Jacobs Solutions from $180.00 to $181.00 and gave the stock 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 issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $153.40.

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.