Greenwood Gearhart LLC Purchases 4,664 Shares of Jacobs Solutions Inc. $J

Greenwood Gearhart LLC grew its position in Jacobs Solutions Inc. (NYSE:J) by 6.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 80,587 shares of the company’s stock after buying an additional 4,664 shares during the period. Greenwood Gearhart LLC’s holdings in Jacobs Solutions were worth $10,257,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in J. Measured Wealth Private Client Group LLC acquired a new stake in Jacobs Solutions during the 3rd quarter worth $27,000. Wealth Watch Advisors INC acquired a new position in Jacobs Solutions in the third quarter valued at about $33,000. Princeton Global Asset Management LLC bought a new stake in shares of Jacobs Solutions in the fourth quarter worth about $30,000. Central Pacific Bank Trust Division bought a new stake in shares of Jacobs Solutions in the fourth quarter worth about $31,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Jacobs Solutions during the fourth quarter worth about $38,000. Institutional investors own 85.65% of the company’s stock.

Analysts Set New Price Targets

J has been the subject of several research analyst reports. Weiss Ratings lowered Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Robert W. Baird dropped their target price on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Citigroup lifted their price target 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. Truist Financial reduced their price target on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a report on Thursday, July 2nd. Finally, Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $153.10.

Jacobs Solutions Stock Up 0.1%

Shares of Jacobs Solutions stock opened at $131.88 on Monday. The business’s 50 day simple moving average is $121.95 and its 200 day simple moving average is $129.32. Jacobs Solutions Inc. has a 52-week low of $105.68 and a 52-week high of $168.44. The firm has a market cap of $15.57 billion, a PE ratio of 40.96, a P/E/G ratio of 1.28 and a beta of 0.69. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43.

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. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the firm posted $1.43 EPS. The business’s revenue was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts predict that Jacobs Solutions Inc. will post 7.23 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

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

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, Director Manuel J. Fernandez purchased 403 shares of the stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of $121.93 per share, for a total transaction of $49,137.79. Following the purchase, the director owned 12,251 shares of the company’s stock, valued at approximately $1,493,764.43. This represents a 3.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Robert V. Pragada purchased 3,601 shares of the stock in a transaction on Friday, May 15th. The stock was acquired at an average price of $111.09 per share, for a total transaction 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 position. The SEC filing for this purchase provides additional information. Insiders have purchased 4,257 shares of company stock valued at $477,651 in the last 90 days. 0.48% of the stock is currently 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.