Jacobs Solutions Inc. $J Shares Bought by Security National Bank of Sioux City Iowa IA

Security National Bank of Sioux City Iowa IA grew its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 26.1% during the second quarter, HoldingsChannel reports. The firm owned 17,869 shares of the company’s stock after purchasing an additional 3,695 shares during the quarter. Security National Bank of Sioux City Iowa IA’s holdings in Jacobs Solutions were worth $2,251,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in J. NBH Bank acquired a new position in Jacobs Solutions in the second quarter valued at $28,000. Continuum Advisory LLC purchased a new stake in Jacobs Solutions in the 2nd quarter valued at about $28,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Jacobs Solutions during the 2nd quarter valued at about $30,000. Compass Financial Management LLC purchased a new position in shares of Jacobs Solutions during the 2nd quarter worth about $38,000. Finally, Harbor Investment Advisory LLC lifted its holdings in shares of Jacobs Solutions by 384.6% during the 2nd quarter. Harbor Investment Advisory LLC now owns 504 shares of the company’s stock worth $64,000 after acquiring an additional 400 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Insider Activity at Jacobs Solutions

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

Analyst Ratings Changes

J has been the subject of several research reports. Royal Bank Of Canada boosted their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. UBS Group boosted their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, August 30th. Finally, Truist Financial lowered their target price on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a research note on Thursday, July 2nd. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Jacobs Solutions has an average rating of “Moderate Buy” and a consensus target price of $153.70.

Jacobs Solutions Stock Down 0.7%

J stock traded down $1.06 during mid-day trading on Friday, hitting $143.09. 2,136,804 shares of the company were exchanged, compared to its average volume of 1,023,280. The firm has a fifty day simple moving average of $141.43 and a 200 day simple moving average of $130.86. The company has a market capitalization of $16.90 billion, a PE ratio of 50.74, a price-to-earnings-growth ratio of 2.08 and a beta of 0.70. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10.

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

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s dividend payout ratio (DPR) is currently 51.06%.

Jacobs Solutions Company Profile

Jacobs Solutions Inc (NYSE:J) is a global professional services and technical consulting company that provides engineering, design, consulting, program and construction management, and operations services. The company works with public- and private-sector clients on complex projects involving infrastructure, transportation, water, environmental services, energy, advanced manufacturing, life sciences, and other critical facilities.

Jacobs supports the planning, design, delivery, and operation of large-scale assets and systems.