Palouse Capital Management Inc. Grows Position in Jacobs Solutions Inc. $J

Key Points

• Palouse Capital Management increased its Jacobs Solutions position by 53.5% in the second quarter, bringing its holdings to 27,424 shares valued at approximately $3.46 million. Institutional investors collectively own 85.65% of the company.
• Jacobs Solutions exceeded quarterly expectations, reporting $1.84 in adjusted EPS and $2.42 billion in revenue, with revenue up 8.3% year over year. The company maintained fiscal 2026 EPS guidance of $7.20–$7.30.
• The company declared a quarterly dividend of $0.36 per share, equal to a 1.0% annualized yield. Analysts’ consensus rating remains “Hold,” with an average price target of $152.22 versus the reported share price of $144.03.

Palouse Capital Management Inc. grew its holdings in Jacobs Solutions Inc. (NYSE:J - Free Report) by 53.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,424 shares of the company's stock after buying an additional 9,558 shares during the period. Jacobs Solutions accounts for about 2.2% of Palouse Capital Management Inc.'s holdings, making the stock its 21st biggest holding. Palouse Capital Management Inc.'s holdings in Jacobs Solutions were worth $3,455,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new stake in Jacobs Solutions during the 3rd quarter valued at about $27,000. Wealth Watch Advisors INC acquired a new position in shares of Jacobs Solutions during the 3rd quarter worth approximately $33,000. International Assets Investment Management LLC acquired a new position in shares of Jacobs Solutions during the 4th quarter worth approximately $38,000. Torren Management LLC acquired a new position in shares of Jacobs Solutions during the 4th quarter worth approximately $41,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Jacobs Solutions in the fourth quarter valued at approximately $46,000. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Trading Down 0.4%

J opened at $144.03 on Friday. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44. The stock has a market capitalization of $17.01 billion, a PE ratio of 51.08, a P/E/G ratio of 1.40 and a beta of 0.68. The business's 50 day moving average price is $128.15 and its 200 day moving average price is $129.19. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.43 and a current ratio of 1.29.

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 company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The firm's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, equities research analysts expect that Jacobs Solutions Inc. will post 7.24 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. Stockholders of record on Friday, August 21st will be issued 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 dividend yield of 1.0%. Jacobs Solutions's dividend payout ratio is currently 51.06%.

Analysts Set New Price Targets

J has been the topic of a number of analyst reports. Truist Financial reduced their price objective on Jacobs Solutions from $150.00 to $149.00 and set a "hold" rating on the stock in a research report on Thursday, July 2nd. Citigroup upped their target price on Jacobs Solutions from $180.00 to $181.00 and gave the company a "buy" rating in a report on Wednesday, May 6th. Robert W. Baird cut their target price on Jacobs Solutions from $130.00 to $126.00 and set a "neutral" rating for the company in a research note on Monday, April 13th. KeyCorp reduced their price target on Jacobs Solutions from $154.00 to $150.00 and set an "overweight" rating on the stock in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada boosted their price target on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an "outperform" rating in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $152.22.

Insiders Place Their Bets

In related news, CEO Robert V. Pragada bought 3,601 shares of the firm's stock in a transaction on Friday, May 15th. The shares were bought at an average price of $111.09 per share, with a total value of $400,035.09. Following the completion of the transaction, the chief executive officer directly owned 333,755 shares of the company's stock, valued at $37,076,842.95. This represents a 1.09% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Manuel J. Fernandez bought 253 shares of the stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $112.56 per share, with a total value of $28,477.68. Following the purchase, the director owned 12,504 shares of the company's stock, valued at $1,407,450.24. This trade represents a 2.07% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.48% of the company's stock.

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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