Vestmark Advisory Solutions Inc. Sells 9,859 Shares of Jacobs Solutions Inc. $J

Vestmark Advisory Solutions Inc. trimmed its holdings in Jacobs Solutions Inc. (NYSE:J) by 85.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,621 shares of the company’s stock after selling 9,859 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Jacobs Solutions were worth $243,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC grew its position in Jacobs Solutions by 92.3% in the 1st quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock worth $812,000 after purchasing an additional 3,226 shares during the last quarter. Woodline Partners LP increased its stake in Jacobs Solutions by 38.7% during the first quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after acquiring an additional 2,891 shares during the period. Sivia Capital Partners LLC acquired a new position in Jacobs Solutions in the 2nd quarter valued at approximately $321,000. Wealthfront Advisers LLC raised its holdings in Jacobs Solutions by 21.5% in the 2nd quarter. Wealthfront Advisers LLC now owns 5,423 shares of the company’s stock valued at $713,000 after acquiring an additional 961 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Jacobs Solutions during the 2nd quarter worth approximately $1,756,000. Institutional investors own 85.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Wall Street Zen lowered shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. Citigroup reduced their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a report on Friday, November 21st. The Goldman Sachs Group assumed coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They set a “buy” rating and a $158.00 target price on the stock. Finally, Wells Fargo & Company upped their target price on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $156.60.

Jacobs Solutions Stock Down 1.5%

J opened at $137.70 on Friday. The firm’s 50-day simple moving average is $137.81 and its 200-day simple moving average is $144.21. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The firm has a market cap of $16.17 billion, a price-to-earnings ratio of 37.72, a PEG ratio of 1.43 and a beta of 0.80.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.01. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $3.09 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The firm’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the firm posted $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Equities research analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 20th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s payout ratio is 39.45%.

About Jacobs Solutions

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.