Jacobs Solutions Inc. $J Shares Acquired by BNP Paribas Financial Markets

Key Points

• BNP Paribas Financial Markets boosted its stake in Jacobs Solutions by 12.6% in the fourth quarter, ending with 207,533 shares valued at about $27.5 million.
• Insider buying has picked up recently, with CEO Robert V. Pragada and Director Manuel J. Fernandez both purchasing shares; insiders bought 4,257 shares total over the last 90 days.
• Jacobs Solutions reported better-than-expected quarterly results, topping EPS and revenue estimates, and it also announced a quarterly dividend of $0.36 per share, yielding about 1.2% annually.

BNP Paribas Financial Markets increased its position in Jacobs Solutions Inc. (NYSE:J - Free Report) by 12.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 207,533 shares of the company's stock after acquiring an additional 23,222 shares during the period. BNP Paribas Financial Markets owned approximately 0.18% of Jacobs Solutions worth $27,490,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of J. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions in the 3rd quarter worth about $27,000. Princeton Global Asset Management LLC acquired a new stake in shares of Jacobs Solutions in the 4th quarter worth about $30,000. Central Pacific Bank Trust Division acquired a new stake in shares of Jacobs Solutions in the 4th quarter worth about $31,000. Wealth Watch Advisors INC acquired a new stake in shares of Jacobs Solutions in the 3rd quarter worth about $33,000. Finally, International Assets Investment Management LLC acquired a new position in Jacobs Solutions during the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 85.65% of the company's stock.

Insider Activity

In other Jacobs Solutions news, CEO Robert V. Pragada acquired 3,601 shares of Jacobs Solutions stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the transaction, the chief executive officer owned 333,755 shares in the company, valued at approximately $37,076,842.95. This trade represents a 1.09% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Manuel J. Fernandez acquired 403 shares of Jacobs Solutions stock in a transaction dated Friday, May 8th. The shares were acquired at an average price of $121.93 per share, with a total value of $49,137.79. Following the transaction, the director owned 12,251 shares in the company, valued at approximately $1,493,764.43. This represents a 3.40% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 4,257 shares of company stock valued at $477,651. Insiders own 0.48% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on J. KeyCorp lowered their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 6th. 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. Wells Fargo & Company lowered their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 7th. Royal Bank Of Canada reissued an "outperform" rating and set a $169.00 target price on shares of Jacobs Solutions in a research note on Tuesday, May 19th. 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 research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $153.40.

Jacobs Solutions Stock Performance

NYSE:J opened at $123.83 on Friday. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24. The company has a 50-day moving average of $122.97 and a 200-day moving average of $131.72. The firm has a market cap of $14.62 billion, a price-to-earnings ratio of 38.46, a price-to-earnings-growth ratio of 1.18 and a beta of 0.69.

Jacobs Solutions (NYSE:J - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the firm posted $1.43 EPS. The business's revenue for the quarter was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Analysts forecast that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

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

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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