Wealthfront Advisers LLC Sells 5,710 Shares of Jacobs Solutions Inc. $J

Wealthfront Advisers LLC decreased its position in Jacobs Solutions Inc. (NYSE:J) by 49.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,778 shares of the company’s stock after selling 5,710 shares during the quarter. Wealthfront Advisers LLC’s holdings in Jacobs Solutions were worth $765,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of J. Ameriprise Financial Inc. raised its position in shares of Jacobs Solutions by 828.5% in the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after purchasing an additional 1,184,068 shares during the period. AQR Capital Management LLC raised its position in shares of Jacobs Solutions by 68.8% in the second quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after purchasing an additional 525,291 shares during the period. Amundi raised its position in shares of Jacobs Solutions by 75.1% in the third quarter. Amundi now owns 601,131 shares of the company’s stock valued at $92,109,000 after purchasing an additional 257,767 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of Jacobs Solutions by 162.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 412,481 shares of the company’s stock valued at $54,637,000 after purchasing an additional 255,539 shares during the period. Finally, Tredje AP fonden bought a new position in shares of Jacobs Solutions in the third quarter valued at approximately $37,671,000. Institutional investors own 85.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Robert W. Baird dropped 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 report on Monday, April 13th. Wells Fargo & Company boosted their target price on shares of Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Wall Street Zen lowered shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 18th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $154.60.

Jacobs Solutions Trading Down 0.1%

Shares of J stock opened at $128.82 on Monday. Jacobs Solutions Inc. has a 1 year low of $117.36 and a 1 year high of $168.44. The firm’s fifty day simple moving average is $130.01 and its 200 day simple moving average is $138.07. The firm has a market capitalization of $15.13 billion, a P/E ratio of 35.29, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. The business had revenue of $2.30 billion for 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%. Jacobs Solutions’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, sell-side analysts predict that Jacobs Solutions Inc. will post 7.13 EPS for the current year.

Jacobs Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s payout ratio is 39.45%.

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the business’s stock in a transaction on 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 owned 25,344 shares of the company’s stock, valued at $3,399,390.72. The trade was a 5.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.48% of the stock is owned by company 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.