Sanctuary Advisors LLC Purchases Shares of 19,616 Jacobs Solutions Inc. $J

Sanctuary Advisors LLC purchased a new position in shares of Jacobs Solutions Inc. (NYSE:J) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 19,616 shares of the company’s stock, valued at approximately $2,472,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in J. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions in the third quarter valued at $27,000. Keating Financial Advisory Services Inc. bought a new stake in Jacobs Solutions during the second quarter worth $30,000. Wealth Watch Advisors INC acquired a new stake in Jacobs Solutions in the third quarter valued at $33,000. International Assets Investment Management LLC acquired a new stake in Jacobs Solutions in the fourth quarter valued at $38,000. Finally, Torren Management LLC bought a new position in shares of Jacobs Solutions in the 4th quarter valued at about $41,000. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Stock Performance

Shares of NYSE J opened at $150.76 on Wednesday. The stock’s fifty day moving average price is $134.24 and its two-hundred day moving average price is $130.05. The firm has a market cap of $17.80 billion, a price-to-earnings ratio of 53.46, a P/E/G ratio of 1.46 and a beta of 0.68. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period in the prior year, the company posted $1.62 earnings per share. Jacobs Solutions’s revenue was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, equities analysts forecast that Jacobs Solutions Inc. will post 7.26 EPS for the current year.

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be given a $0.36 dividend. The ex-dividend date is Friday, August 21st. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. Jacobs Solutions’s payout ratio is presently 51.06%.

Insider Activity at Jacobs Solutions

In other news, President Patrick Hill sold 17,201 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the sale, the president owned 67,356 shares of the company’s stock, valued at approximately $9,705,999.60. This represents a 20.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group raised their target price on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research note on Monday, August 10th. KeyCorp reduced their price target on 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 dropped their price objective on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Finally, Royal Bank Of Canada upped their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $153.70.

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.