Jacobs Solutions
J

$145.98

0.21%

Market Cap: 18.3B

About: Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.

Employees: 60,000

Industrials Heavy Construction Other Than Building Construction Contractors

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 6 analysts

0

News positive %

of 14 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

43% more call options, than puts

Call options by funds: $81.6M | Put options by funds: $57.1M

36% more funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 15 (+4) [Q1 2024]

36% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 80

19% more capital invested

Capital invested by funds: $13.8B [Q4 2023] → $16.4B (+$2.58B) [Q1 2024]

4% more funds holding

Funds holding: 766 [Q4 2023] → 795 (+29) [Q1 2024]

0.6% more ownership

Funds ownership: 84.53% [Q4 2023] → 85.13% (+0.6%) [Q1 2024]

2% less repeat investments, than reductions

Existing positions increased: 272 | Existing positions reduced: 277

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Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$152

4%

upside

Avg. target

$161

10%

upside

High target

$174

19%

upside

6 analyst ratings

3 positive

50%

3 neutral

50%

0 negative

0%

Truist Securities Jamie Cook	5%upside $153	Hold Maintained	8 May 2024
Baird Andrew Wittmann	12%upside $163	Outperform Maintained	8 May 2024
Citigroup Andrew Kaplowitz	16%upside $169	Buy Maintained	22 Apr 2024
B of A Securities Michael Feniger	4%upside $152	Neutral Maintained	2 Apr 2024
Argus Research John Staszak	19%upside $174	Buy Maintained	14 Mar 2024

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Financial journalist opinion

Based on 14 articles about J published over the past 30 days

Jacobs Awarded FBI Information Technology Supplies and Support Services Contract

Strengthens government operations by leveraging innovative data and security solutions DALLAS , July 24, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was awarded the competitive Federal Bureau of Investigation (FBI) Information Technology Supplies and Support Services 2nd Generation (ITSSS-2) Blanket Purchase Agreement (BPA). This agreement, which will also be available to the broader Department of Justice, provides critical IT support to the FBI.

Jacobs Awarded FBI Information Technology Supplies and Support Services Contract

3 Infrastructure Titans Ready to Soar on Government Spending: July 2024

Infrastructure stocks remain quite popular among investors, especially with government initiatives in recent years poised to inject massive funding into the sector. Central to this boom is the Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), signed in November 2021.

3 Infrastructure Titans Ready to Soar on Government Spending: July 2024

Amentum Announces Capital Markets Day on August 13, 2024

CHANTILLY, Va.--(BUSINESS WIRE)-- #govcon--Amentum, a leading global engineering and technology solutions provider, is pleased to announce that it will host a capital markets day on Tuesday, August 13, 2024 at 10:00 a.m. EDT, at the New York Stock Exchange in New York City. The event will showcase Amentum's solutions and capabilities, including the synergies and benefits expected to be realized through the previously announced transaction relating to the spin-off of Jacobs's (NYSE: J) Critical Mission So.

Amentum Announces Capital Markets Day on August 13, 2024

Vice Admiral Mary Jackson Named to Jacobs Board of Directors

Brings further strategic growth and operational efficiency business intelligence DALLAS , July 18, 2024 /PRNewswire/ -- Jacobs (NYSE:J) announced today the election of Mary Jackson to its Board of Directors, effective upon the closing of the previously announced separation of Jacobs' Critical Mission Solutions and portions of its Divergent Solutions business, or, if earlier, January 15, 2025. A 32-year veteran of the United States Navy with extensive experience as an advisor across numerous boards while in the Navy and since, retired Vice Admiral Jackson brings a proven track record of dynamic leadership discipline, strategic business continuity and operational efficiency.

Vice Admiral Mary Jackson Named to Jacobs Board of Directors

Jacobs Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Critical Mission Solutions and Cyber & Intelligence Businesses and Merger with Amentum

DALLAS , July 16, 2024 /PRNewswire/ -- Jacobs (NYSE: J) has announced that a Form 10 has been publicly filed with the U.S. Securities and Exchange Commission ("SEC") for the previously announced planned spin-off of its Critical Mission Solutions and portions of its Divergent Solutions business, including the Cyber & Intelligence business. Filed under Amazon Holdco Inc., the Form 10 describes the spin-off and merger with Amentum Parent Holdings LLC ("Amentum"), to create a leading, publicly traded global engineering and technology solutions provider.

Jacobs Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Critical Mission Solutions and Cyber & Intelligence Businesses and Merger with Amentum

Jacobs to Hold Its Fiscal Third Quarter 2024 Earnings Conference Call and Webcast

DALLAS , July 15, 2024 /PRNewswire/ -- Jacobs (NYSE:J) plans to release its fiscal third quarter 2024 earnings results before market open on Tuesday, Aug. 6, 2024, and will host a conference call at 10:00 a.m. ET, during which management will make a presentation focusing on the company's results and operating trends.

Jacobs to Hold Its Fiscal Third Quarter 2024 Earnings Conference Call and Webcast

Jacobs Declares Quarterly Dividend

DALLAS , July 11, 2024 /PRNewswire/ -- The Board of Directors of Jacobs (NYSE:J) has declared a quarterly cash dividend payable to shareholders in the amount of $0.29 per share of Jacobs common stock. This dividend will be paid on Aug. 23, 2024, to shareholders of record as of the close of business on July 26, 2024.

Jacobs Declares Quarterly Dividend

Jacobs Selected by Omaha Streetcar Authority for Transportation Project in Nebraska's Largest City

Omaha streetcar project will connect downtown urban area to surrounding neighborhoods delivering lasting economic and environmental benefits DALLAS , July 11, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was selected as Owner's Representative for the Omaha Streetcar Authority's streetcar project, which will establish transportation options and attract new growth in Omaha's urban core. Following an expected three-mile loop, the streetcar route will include more than 15 stops, providing a critical connection to downtown and midtown Omaha.

Jacobs Selected by Omaha Streetcar Authority for Transportation Project in Nebraska's Largest City

Jacobs Supports Draft Strategic Plan for Ireland's Water Services

Strategic advisory project focused on resilient and sustainable water supply for the next 25 years DALLAS, July 10, 2024 /PRNewswire/ -- As External Services Provider, Jacobs (NYSE:J) is helping Uisce Éireann (previously known as Irish Water) to proactively plan the delivery of high quality, sustainable and resilient water services for Ireland through its Water Services Strategic Plan (WSSP) 2050. As Ireland's national public water services utility, Uisce Éireann is responsible for the operation and capital investment program for all public water and wastewater services in Ireland – supplying 449 million gallons (1.7 billion liters) of drinking water to customers and treating more than 317 million gallons (1.2 billion liters) of wastewater daily.

Jacobs Supports Draft Strategic Plan for Ireland's Water Services

Jacobs Solutions: Strategically Positioned In The Infrastructure Sector

Jacobs Solutions has significant exposure to the growing infrastructure sector, with 13.6% growth in the Q1 critical infrastructure business unit. Growing sectors such as Infrastructure, semiconductor, pharma & life sciences, and data center growth make business valuation appealing at 17 times 2024 earnings. Shareholders will be rewarded through an increasing dividend, growing at 11.4% CAGR over the past five years, and opportunistic share repurchases.

Jacobs Solutions: Strategically Positioned In The Infrastructure Sector

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