Jacobs Solutions Inc. $J Shares Sold by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lowered its position in Jacobs Solutions Inc. (NYSE:J) by 12.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 54,166 shares of the company’s stock after selling 7,584 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Jacobs Solutions were worth $7,175,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions in the third quarter valued at approximately $27,000. Princeton Global Asset Management LLC bought a new position in shares of Jacobs Solutions in the fourth quarter valued at approximately $30,000. Central Pacific Bank Trust Division bought a new position in shares of Jacobs Solutions in the fourth quarter valued at approximately $31,000. Wealth Watch Advisors INC bought a new position in shares of Jacobs Solutions in the third quarter valued at approximately $33,000. Finally, International Assets Investment Management LLC bought a new position in shares of Jacobs Solutions in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Down 1.9%

J stock opened at $120.22 on Tuesday. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The firm has a market cap of $14.20 billion, a PE ratio of 37.34, a P/E/G ratio of 1.19 and a beta of 0.69. The firm has a 50 day simple moving average of $122.64 and a 200 day simple moving average of $131.31. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.64 by $0.11. The business had revenue of $2.33 billion during 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%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Equities research analysts forecast that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on J shares. Robert W. Baird decreased their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $169.00 price objective on shares of Jacobs Solutions in a report on Tuesday, May 19th. KeyCorp decreased their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Wells Fargo & Company decreased their price objective on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Finally, Citigroup increased their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $153.40.

Insider Activity at Jacobs Solutions

In other news, Director Manuel J. Fernandez purchased 253 shares of Jacobs Solutions stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average price of $112.56 per share, for a total transaction of $28,477.68. Following the transaction, the director owned 12,504 shares in the company, valued at $1,407,450.24. The trade was a 2.07% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Robert V. Pragada purchased 3,601 shares of Jacobs Solutions stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $111.09 per share, with a total value of $400,035.09. Following the transaction, the chief executive officer owned 333,755 shares in the company, valued at $37,076,842.95. This represents a 1.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 4,257 shares of company stock valued at $477,651. 0.48% of the stock is owned by insiders.

Jacobs Solutions 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.