Jacobs Engr Group Inc Stock Price, News & Analysis

Jacobs (NYSE: J) has announced a special dividend distribution of 7,299,065 shares of Amentum (NYSE: AMTM) common stock to its shareholders. The distribution follows the September 2024 Reverse Morris Trust transaction where Jacobs' Critical Mission Solutions and parts of Divergent Solutions merged with Amentum.

Key details:

• Record date: May 16, 2025
• Distribution date: May 30, 2025
• Ex-dividend date: May 16, 2025

The final distribution ratio will be calculated by dividing the Amentum shares by outstanding Jacobs shares on the record date. No fractional shares will be distributed; instead, they will be sold in the public market with net proceeds distributed to eligible shareholders. After this distribution, Jacobs will no longer own any Amentum shares. Shareholders will receive book-entry statements or brokerage account credits reflecting their new Amentum stock ownership.

Jacobs (NYSE:J) has announced its latest quarterly dividend payment. The company's Board of Directors has declared a cash dividend of $0.32 per share of common stock.

Key details of the dividend announcement:

• Payment Date: June 20, 2025
• Record Date: May 23, 2025 (close of business)
• Dividend Amount: $0.32 per share

Shareholders who own Jacobs stock as of the record date will be eligible to receive this quarterly dividend payment.

Jacobs (NYSE: J) has secured a major contract with the U.S. General Services Administration (GSA) through the OASIS+ Multi-Agency Contract. The company will provide comprehensive integrated services including management, advisory, environmental, engineering, and technical support across multiple federal agencies.

With a proven 20-year track record in federal projects, Jacobs brings significant expertise demonstrated by recent wins with the U.S. Navy, Air Force, and National Parks Service. Notable projects include energy services for the Library of Congress, coastal solutions for Tyndall Air Force Base, and construction management for the Los Angeles Federal Courthouse.

The company holds top rankings in key sectors: #1 in Government Office Design, #2 in Construction Management and Site Assessment & Compliance, and #3 among Top 200 Environmental Firms according to Engineering News-Record 2024. With $12 billion in annual revenue and 45,000 employees, Jacobs delivers services across advanced manufacturing, cities, energy, environmental, life sciences, transportation and water sectors.

Jacobs (NYSE: J) has secured a significant environmental services contract with the U.S. Air Force Civil Engineer Center (AFCEC). The contract, valued at $1.5 billion, involves delivering architecture and engineering services globally through an indefinite delivery indefinite quantity (IDIQ) multiple award task order contract.

The agreement spans a five-year base period with one five-year option period, focusing on environmental restoration, conservation, planning, and quality. Services include planning, investigation, assessment, design, construction phase design, and field inspection for the U.S. Air Force and other federal agencies.

Notably, Jacobs ranks No. 1 in Sanitary & Storm Sewers, Sewer & Waste and Wastewater Treatment, and No. 2 in Chemical & Soil Remediation and Site Assessment & Compliance according to Engineering News Record in 2024. The company generates approximately $12 billion in annual revenue with a workforce of almost 45,000 employees.

Jacobs (NYSE: J) has announced its upcoming fiscal second quarter 2025 earnings release and conference call schedule. The company will release its Q2 2025 financial results before market open on Tuesday, May 6, 2025. Management will host a conference call at 10:00 a.m. ET to discuss the company's results and operating trends. Investors and interested parties can access the conference call and accompanying presentation slides through a webcast available on jacobs.com.

Jacobs (NYSE: J) has secured a $137 million contract from the Virgin Islands Public Finance Authority to provide program management services for the 'Rebuild USVI' initiative. The project aims to rebuild critical infrastructure in the U.S. Virgin Islands following the devastation caused by hurricanes Irma and Maria in 2017.

The three-year contract involves managing simultaneous infrastructure projects including hospitals, schools, transit corridors, power, water and wastewater utilities across St. Croix, St. Thomas, and St. John. Jacobs will work with the U.S. Virgin Islands' Super Project Management Office to oversee the territory's $23 billion in federal funding.

The company will provide advisory and consulting services focused on future project planning, environmental management, logistics, supply chain and workforce challenges. Jacobs was selected based on their responsiveness, expertise, pricing, resources, innovation, and strategic partnerships.

Jacobs (NYSE:J) has received the final post-closing adjustments from the Critical Mission Solutions (CMS) Separation Transaction, consisting of $70 million in cash and 7,299,065 shares of Amentum Holdings (NYSE: AMTM) common stock. The cash portion has been used to reduce Jacobs' outstanding debt.

The Amentum shares, representing 3% of Amentum's outstanding shares at the transaction closing, are planned to be distributed pro rata to Jacobs' shareholders, pending Board approval. This distribution will occur on a yet-to-be-determined record date. This adjustment determination marks the completion of the CMS Separation Transaction, with only transition services and post-closing assistance remaining.

Jacobs (NYSE: J) has been selected by PsiQuantum to provide master planning, schematic design, and owner's engineer services for a groundbreaking utility-scale quantum computer facility in Brisbane, Australia. The 540,000 square foot complex will include a main office building, large-scale cryoplant, and Quantum Computing Center.

The project, scheduled to begin construction in late 2025 with completion by end of 2027, will be located near Brisbane Airport. The facility aims to create one of the world's first utility-scale, fault tolerant quantum computers capable of solving complex problems beyond the reach of conventional or AI computers.

This initiative aligns with Australia's National Quantum Strategy and its vision for advancing the quantum industry. The quantum computer will have potential applications across various sectors including healthcare, pharmaceuticals, chemicals, energy, national defense, and food production.

Jacobs (NYSE:J) has successfully completed an equity for debt exchange, reducing its debt by approximately $312 million. The company exchanged 19,464,174 shares of Amentum Holdings common stock for about £240 million in JEG term loans through a registered public offering that closed on March 13, 2025.

The transaction represents a significant step in Jacobs' business transformation strategy toward becoming a science-based consulting and advisory company focused on resilient, digitally enabled infrastructure solutions. Additionally, 9,732,087 Amentum shares remain in escrow, pending performance milestones related to the September 2024 merger of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses with Amentum Parent Holdings