Empowered Funds LLC Buys Shares of 14,007 Jacobs Solutions Inc. $J

Key Points

• Empowered Funds LLC initiated a position in Jacobs Solutions by purchasing 14,007 shares valued at approximately $1.765 million. Institutional investors and hedge funds collectively own 85.65% of the company.
• Jacobs reported quarterly earnings of $1.84 per share, slightly above estimates, while revenue rose 8.3% year over year to $2.42 billion. The company reaffirmed fiscal 2026 EPS guidance of $7.20–$7.30.
• The company declared a quarterly dividend of $0.36 per share, equivalent to an annualized $1.44 payout and a 1.0% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $153.70, while company president Patrick Hill sold 17,201 shares.

Empowered Funds LLC purchased a new position in Jacobs Solutions Inc. (NYSE:J - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 14,007 shares of the company's stock, valued at approximately $1,765,000.

A number of other hedge funds have also made changes to their positions in J. Vident Advisory LLC lifted its position in shares of Jacobs Solutions by 0.8% during the 2nd quarter. Vident Advisory LLC now owns 9,794 shares of the company's stock worth $1,287,000 after purchasing an additional 75 shares during the last quarter. Gratus Wealth Advisors LLC grew its holdings in Jacobs Solutions by 1.3% in the 4th quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company's stock valued at $820,000 after buying an additional 81 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in Jacobs Solutions by 0.7% in the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company's stock valued at $1,585,000 after buying an additional 81 shares during the last quarter. Parallel Advisors LLC increased its position in Jacobs Solutions by 10.4% in the 3rd quarter. Parallel Advisors LLC now owns 915 shares of the company's stock worth $137,000 after buying an additional 86 shares during the period. Finally, Kestra Private Wealth Services LLC increased its position in Jacobs Solutions by 2.2% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company's stock worth $661,000 after buying an additional 93 shares during the period. Institutional investors and hedge funds own 85.65% of the company's stock.

Jacobs Solutions Trading Up 0.3%

Shares of J stock opened at $147.46 on Friday. The company has a market capitalization of $17.41 billion, a P/E ratio of 52.29, a P/E/G ratio of 2.13 and a beta of 0.70. Jacobs Solutions Inc. has a 12-month low of $105.68 and a 12-month high of $168.44. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. The firm has a 50-day moving average price of $138.11 and a 200 day moving average price of $130.35.

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

Jacobs Solutions Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have weighed in on J shares. 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. Royal Bank Of Canada boosted their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Wells Fargo & Company cut their price objective on shares of Jacobs Solutions from $137.00 to $131.00 and set an "equal weight" rating for the company in a research report on Thursday, May 7th. Weiss Ratings upgraded shares of Jacobs Solutions from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, August 17th. Finally, Wall Street Zen downgraded Jacobs Solutions from a "buy" rating to a "hold" rating in a research report on Sunday, August 30th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $153.70.

Insider Buying and Selling

In related news, President Patrick Hill sold 17,201 shares of the firm's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the sale, the president directly owned 67,356 shares of the company's stock, valued at $9,705,999.60. This trade represents a 20.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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.

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