Ethic Inc. Increases Stake in Jacobs Solutions Inc. $J

Ethic Inc. grew its position in shares of Jacobs Solutions Inc. (NYSE:J) by 44.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,939 shares of the company’s stock after buying an additional 6,421 shares during the quarter. Ethic Inc.’s holdings in Jacobs Solutions were worth $2,774,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in Jacobs Solutions during the 3rd quarter worth $27,000. Princeton Global Asset Management LLC purchased a new position in Jacobs Solutions during the 4th quarter worth $30,000. Central Pacific Bank Trust Division purchased a new position in Jacobs Solutions during the 4th quarter worth $31,000. Geneos Wealth Management Inc. raised its position in Jacobs Solutions by 65.4% during the 3rd 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. Finally, Godsey & Gibb Inc. raised its position in Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after buying an additional 121 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday. Robert W. Baird lowered their price target on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Royal Bank Of Canada upped their price target on shares of Jacobs Solutions from $160.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Citigroup upped their price target on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.40.

Insider Buying and Selling

In related news, President Shannon Miller sold 1,440 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $134.13, for a total value of $193,147.20. Following the sale, the president directly owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This represents a 5.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

Shares of NYSE J opened at $117.21 on Tuesday. The stock has a market cap of $13.84 billion, a price-to-earnings ratio of 36.40, a PEG ratio of 1.15 and a beta of 0.73. Jacobs Solutions Inc. has a 52 week low of $115.70 and a 52 week high of $168.44. The company’s 50-day moving average price is $128.89 and its 200 day moving average price is $136.81. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The firm’s revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, research analysts forecast that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is presently 44.72%.

Jacobs Solutions Company 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.