Intech Investment Management LLC Increases Position in Jacobs Solutions Inc. $J

Intech Investment Management LLC lifted its position in Jacobs Solutions Inc. (NYSE:J) by 224.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 53,692 shares of the company’s stock after purchasing an additional 37,120 shares during the quarter. Intech Investment Management LLC’s holdings in Jacobs Solutions were worth $7,112,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Jacobs Solutions in the third quarter worth $27,000. Princeton Global Asset Management LLC purchased a new stake in shares of Jacobs Solutions in the fourth quarter worth $30,000. Central Pacific Bank Trust Division purchased a new stake in shares of Jacobs Solutions in the fourth quarter worth $31,000. Wealth Watch Advisors INC purchased a new position in Jacobs Solutions during the third quarter valued at $33,000. Finally, International Assets Investment Management LLC purchased a new position in Jacobs Solutions during the fourth quarter valued at $38,000. 85.65% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Jacobs Solutions news, CEO Robert V. Pragada acquired 3,601 shares of the company’s stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of $111.09 per share, with a total value of $400,035.09. Following the purchase, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at approximately $37,076,842.95. This represents a 1.09% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Manuel J. Fernandez acquired 403 shares of the company’s stock in a transaction on Friday, May 8th. The stock was acquired at an average cost of $121.93 per share, with a total value of $49,137.79. Following the completion of the purchase, the director directly owned 12,251 shares in the company, valued at approximately $1,493,764.43. This represents a 3.40% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired 4,257 shares of company stock valued at $477,651 in the last three months. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Performance

Shares of NYSE:J opened at $119.98 on Friday. Jacobs Solutions Inc. has a 52 week low of $105.68 and a 52 week high of $168.44. The stock has a market capitalization of $14.17 billion, a P/E ratio of 37.26, a PEG ratio of 1.16 and a beta of 0.73. The firm has a fifty day simple moving average of $123.46 and a two-hundred day simple moving average of $132.77. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the company 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 expect that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio (DPR) is presently 44.72%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on J shares. Wells Fargo & Company cut their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Citigroup raised their target price 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. KeyCorp cut 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 note on Wednesday, May 6th. Robert W. Baird cut their target price on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Weiss Ratings cut shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $153.40.

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.