Jacobs Solutions Inc. $J Stock Holdings Lifted by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC grew its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 41.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,598 shares of the company’s stock after purchasing an additional 12,195 shares during the period. Greenwood Capital Associates LLC’s holdings in Jacobs Solutions were worth $5,295,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of J. Prossimo Advisors LLC purchased a new stake in Jacobs Solutions during the first quarter valued at about $382,000. Childress Capital Advisors LLC acquired a new position in shares of Jacobs Solutions in the first quarter worth about $254,000. West Tower Group LLC increased its position in shares of Jacobs Solutions by 12.5% in the first quarter. West Tower Group LLC now owns 9,000 shares of the company’s stock worth $1,146,000 after acquiring an additional 1,000 shares in the last quarter. United Asset Strategies Inc. increased its position in shares of Jacobs Solutions by 2.9% in the first quarter. United Asset Strategies Inc. now owns 19,887 shares of the company’s stock worth $2,531,000 after acquiring an additional 559 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in shares of Jacobs Solutions during the first quarter valued at approximately $317,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Price Performance

NYSE J opened at $129.91 on Thursday. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. The stock’s 50-day moving average is $121.63 and its two-hundred day moving average is $129.65. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a market cap of $15.34 billion, a P/E ratio of 40.35, a price-to-earnings-growth ratio of 1.26 and a beta of 0.69.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.11. The business had revenue of $2.33 billion during 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%. Jacobs Solutions’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts anticipate that Jacobs Solutions Inc. will post 7.23 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 22nd were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, May 22nd. Jacobs Solutions’s payout ratio is currently 44.72%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on J. Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Truist Financial lowered their price target on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. Royal Bank Of Canada reissued an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Robert W. Baird reduced their price objective on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Citigroup raised their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Jacobs Solutions has an average rating of “Moderate Buy” and a consensus price target of $153.10.

Insider Activity at Jacobs Solutions

In other news, Director Manuel J. Fernandez acquired 403 shares of the stock in a transaction dated Friday, May 8th. The shares were acquired at an average cost of $121.93 per share, for a total transaction of $49,137.79. Following the completion of the transaction, the director owned 12,251 shares in the company, valued at approximately $1,493,764.43. This trade represents a 3.40% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Robert V. Pragada acquired 3,601 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $111.09 per share, with a total value of $400,035.09. Following the purchase, the chief executive officer owned 333,755 shares in the company, valued at approximately $37,076,842.95. This represents a 1.09% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders acquired 4,257 shares of company stock valued at $477,651. Insiders own 0.48% of the company’s stock.

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.