Jacobs Solutions Inc. $J Shares Purchased by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC grew its position in shares of Jacobs Solutions Inc. (NYSE:J) by 217.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,990 shares of the company’s stock after purchasing an additional 8,901 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in Jacobs Solutions were worth $1,947,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cary Street Partners Investment Advisory LLC grew its stake in shares of Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after purchasing an additional 95 shares during the last quarter. Costello Asset Management INC purchased a new stake in shares of Jacobs Solutions during the second quarter valued at $43,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Jacobs Solutions in the 2nd quarter valued at $44,000. CYBER HORNET ETFs LLC acquired a new position in shares of Jacobs Solutions in the 2nd quarter valued at $44,000. Finally, Ransom Advisory Ltd acquired a new stake in Jacobs Solutions during the 2nd quarter worth about $53,000. 85.65% of the stock is currently owned by institutional investors.

Insider Activity at Jacobs Solutions

In other news, CFO Venkatesh Nathamuni acquired 750 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were bought at an average price of $135.11 per share, with a total value of $101,332.50. Following the acquisition, the chief financial officer owned 20,785 shares of the company’s stock, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Peter J. Robertson purchased 1,000 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were acquired at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the purchase, the director directly owned 1,000 shares of the company’s stock, valued at approximately $134,760. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 2,513 shares of company stock worth $335,878 in the last ninety days. 0.48% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

J has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Bank of America lowered their price target on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Wells Fargo & Company dropped their price target on Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Friday, November 21st. Truist Financial reduced their price target on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a research report on Friday, November 21st. Finally, KeyCorp increased their target price on shares of Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.90.

Jacobs Solutions Trading Up 0.2%

NYSE:J opened at $136.11 on Thursday. Jacobs Solutions Inc. has a 12 month low of $106.23 and a 12 month high of $168.44. The company’s 50 day moving average is $145.53 and its 200-day moving average is $143.47. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.61. The firm has a market cap of $16.07 billion, a price-to-earnings ratio of 56.24, a P/E/G ratio of 1.49 and a beta of 0.81.

Jacobs Solutions (NYSE:J) last announced its earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.67 by $0.08. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter last year, the firm posted $1.37 EPS. The business’s quarterly revenue was up 6.6% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 2nd were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 0.9%. Jacobs Solutions’s payout ratio is 52.89%.

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.