Total Wealth Planning & Management Inc. purchased a new stake in Jacobs Solutions Inc. (NYSE:J – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,479 shares of the company’s stock, valued at approximately $991,000.
Several other hedge funds have also made changes to their positions in the company. Vident Advisory LLC lifted its position in shares of Jacobs Solutions by 0.8% in the 2nd quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock valued at $1,287,000 after acquiring an additional 75 shares in the last quarter. Gratus Wealth Advisors LLC lifted its position in Jacobs Solutions by 1.3% in the 4th quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock worth $820,000 after buying an additional 81 shares in the last quarter. Compound Planning Inc. lifted its position in Jacobs Solutions by 3.8% in the 3rd quarter. Compound Planning Inc. now owns 2,250 shares of the company’s stock worth $337,000 after buying an additional 83 shares in the last quarter. Parallel Advisors LLC lifted its position in Jacobs Solutions by 10.4% in the 3rd quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock worth $137,000 after buying an additional 86 shares in the last quarter. Finally, Kestra Private Wealth Services LLC lifted its position in Jacobs Solutions by 2.2% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company’s stock worth $661,000 after buying an additional 93 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on J shares. KeyCorp cut their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $169.00 target price on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Citigroup increased their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $153.40.
Jacobs Solutions Stock Up 2.1%
Jacobs Solutions stock opened at $123.83 on Friday. The company has a market capitalization of $14.62 billion, a P/E ratio of 38.46, a P/E/G ratio of 1.18 and a beta of 0.69. The firm’s fifty day simple moving average is $122.97 and its 200-day simple moving average is $131.72. 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 Inc. has a 1-year low of $105.68 and a 1-year high of $168.44.
Jacobs Solutions (NYSE:J – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. Jacobs Solutions’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Sell-side 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 declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.36 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 44.72%.
Insiders Place Their Bets
In other Jacobs Solutions news, CEO Robert V. Pragada purchased 3,601 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the acquisition, the chief executive officer owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Manuel J. Fernandez bought 403 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were bought at an average cost of $121.93 per share, with a total value of $49,137.79. Following the transaction, the director directly owned 12,251 shares of the company’s stock, valued at approximately $1,493,764.43. This trade represents a 3.40% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 4,257 shares of company stock worth $477,651 in the last 90 days. 0.48% of the stock is owned by insiders.
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.
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