Wealth Enhancement Advisory Services LLC Sells 3,901 Shares of Jacobs Solutions Inc. $J

Wealth Enhancement Advisory Services LLC lowered its stake in Jacobs Solutions Inc. (NYSE:JFree Report) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,296 shares of the company’s stock after selling 3,901 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.11% of Jacobs Solutions worth $18,169,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in J. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions during the 3rd quarter valued at approximately $27,000. Central Pacific Bank Trust Division bought a new position in shares of Jacobs Solutions during the 4th quarter valued at approximately $31,000. Godsey & Gibb Inc. raised its holdings in Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after buying an additional 121 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in Jacobs Solutions by 65.4% in the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after buying an additional 87 shares during the last quarter. 85.65% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $134.13, for a total transaction of $193,147.20. Following the transaction, the president directly owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.48% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have commented on J shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Wells Fargo & Company raised their target price on shares of Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $156.60.

Check Out Our Latest Stock Analysis on Jacobs Solutions

Jacobs Solutions Stock Performance

Shares of Jacobs Solutions stock opened at $130.18 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. The stock’s fifty day moving average is $136.21 and its two-hundred day moving average is $142.32. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $168.44. The company has a market capitalization of $15.29 billion, a PE ratio of 35.67, a price-to-earnings-growth ratio of 1.33 and a beta of 0.78.

Jacobs Solutions (NYSE:JGet Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.01. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $3.09 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The business’s revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, analysts expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 20th were given a $0.36 dividend. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.44 annualized dividend and a yield of 1.1%. Jacobs Solutions’s dividend payout ratio is presently 39.45%.

About Jacobs Solutions

(Free Report)

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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Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)

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