Compagnie Lombard Odier SCmA raised its stake in Jacobs Solutions Inc. (NYSE:J – Free Report) by 5.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 139,730 shares of the company’s stock after acquiring an additional 7,335 shares during the quarter. Compagnie Lombard Odier SCmA owned about 0.12% of Jacobs Solutions worth $18,509,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the stock. Empowered Funds LLC increased its holdings in shares of Jacobs Solutions by 92.3% in 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 1st 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 in the last quarter. Sivia Capital Partners LLC bought a new position in Jacobs Solutions in the 2nd quarter valued at $321,000. Russell Investments Group Ltd. boosted its position in Jacobs Solutions by 18.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 79,244 shares of the company’s stock valued at $10,403,000 after buying an additional 12,363 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in shares of Jacobs Solutions in the 2nd quarter valued at $456,000. 85.65% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on J. Wells Fargo & Company boosted their target price on Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Wall Street Zen upgraded Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a report on Monday, December 29th. Finally, Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $156.60.
Jacobs Solutions Stock Performance
Shares of Jacobs Solutions stock opened at $128.39 on Thursday. The firm has a fifty day moving average of $135.01 and a two-hundred day moving average of $141.67. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33. The stock has a market capitalization of $15.08 billion, a price-to-earnings ratio of 35.18, a PEG ratio of 1.32 and a beta of 0.78. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $168.44.
Jacobs Solutions (NYSE:J – Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.01. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The firm’s revenue was up 12.3% on a year-over-year basis. During the same period last year, the company earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, equities research analysts predict that Jacobs Solutions Inc. will post 6.05 EPS for the current year.
Jacobs Solutions Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 20th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, February 20th. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio is presently 39.45%.
Insider Activity at Jacobs Solutions
In other news, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares of the company’s stock, valued at $3,399,390.72. This represents a 5.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.48% of the stock is currently owned by company insiders.
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.
See Also
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