Caldwell Investment Management Ltd. Purchases Shares of 6,900 Jacobs Solutions Inc. $J

Key Points

• Caldwell Investment Management acquired 6,900 Jacobs Solutions shares worth approximately $869,000, making Jacobs its 25th-largest holding and representing 0.6% of its portfolio.
• Jacobs reported quarterly EPS of $1.84 and revenue of $2.42 billion, narrowly exceeding estimates, while revenue grew 8.3% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $153.70.
• Jacobs declared a quarterly dividend of $0.36 per share, equivalent to $1.44 annually and a 1.0% yield. Shares opened at $149.77, up 1.2%, while a company president recently sold 17,201 shares.

Caldwell Investment Management Ltd. acquired a new position in shares of Jacobs Solutions Inc. (NYSE:J - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,900 shares of the company's stock, valued at approximately $869,000. Jacobs Solutions accounts for approximately 0.6% of Caldwell Investment Management Ltd.'s holdings, making the stock its 25th biggest holding.

Several other large investors have also added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions in the third quarter valued at $27,000. Wealth Watch Advisors INC bought a new stake in shares of Jacobs Solutions during the third quarter worth about $33,000. International Assets Investment Management LLC bought a new stake in shares of Jacobs Solutions during the fourth quarter worth about $38,000. Torren Management LLC acquired a new stake in shares of Jacobs Solutions in the 4th quarter worth about $41,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Jacobs Solutions in the 4th quarter worth about $46,000. Institutional investors and hedge funds own 85.65% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Citigroup lifted their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a "buy" rating in a report on Wednesday, May 6th. Wall Street Zen raised shares of Jacobs Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. UBS Group raised their price target on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Weiss Ratings upgraded shares of Jacobs Solutions from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday. Finally, Royal Bank Of Canada upped their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Jacobs Solutions has an average rating of "Moderate Buy" and a consensus price target of $153.70.

Jacobs Solutions Stock Up 1.2%

J opened at $149.77 on Friday. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The company has a market cap of $17.68 billion, a PE ratio of 53.11, a price-to-earnings-growth ratio of 1.43 and a beta of 0.68. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10. The company has a 50 day moving average of $133.18 and a 200 day moving average of $129.91.

Jacobs Solutions (NYSE:J - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period in the prior year, the firm posted $1.62 earnings per share. The company's revenue for the quarter was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, sell-side analysts expect that Jacobs Solutions Inc. will post 7.26 EPS for the current year.

Jacobs Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, August 21st. Jacobs Solutions's dividend payout ratio (DPR) is presently 51.06%.

Insider Activity at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction on Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the transaction, the president owned 67,356 shares in the company, valued at $9,705,999.60. This trade represents a 20.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.48% of the company's stock.

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.

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