Jacobs Solutions Inc. $J Shares Sold by Everett Harris & Co. CA

Everett Harris & Co. CA cut its holdings in Jacobs Solutions Inc. (NYSE:J) by 3.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 139,159 shares of the company’s stock after selling 4,305 shares during the period. Everett Harris & Co. CA’s holdings in Jacobs Solutions were worth $20,854,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in J. Ameriprise Financial Inc. grew 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 lifted its position in Jacobs Solutions by 68.8% during the second quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock worth $168,194,000 after buying an additional 525,291 shares during the period. Ninety One UK Ltd boosted its stake in Jacobs Solutions by 20.4% in the 3rd quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock worth $460,016,000 after buying an additional 520,417 shares during the last quarter. Invesco Ltd. boosted its stake in Jacobs Solutions by 21.4% in the 2nd quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock worth $342,738,000 after buying an additional 460,283 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Jacobs Solutions by 350.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock valued at $72,638,000 after buying an additional 429,880 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Insiders Place Their Bets

In related news, Director Peter J. Robertson purchased 1,000 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was purchased at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the acquisition, the director directly owned 1,000 shares in the company, valued at $134,760. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Venkatesh Nathamuni acquired 750 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were purchased at an average price of $135.11 per share, for a total transaction of $101,332.50. Following the purchase, the chief financial officer directly owned 20,785 shares of the company’s stock, valued at approximately $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 2,513 shares of company stock worth $335,878 in the last 90 days. 0.48% of the stock is owned by company insiders.

Jacobs Solutions Stock Down 0.5%

Shares of Jacobs Solutions stock opened at $136.04 on Friday. The company has a fifty day moving average price of $136.40 and a 200 day moving average price of $144.67. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.61. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The stock has a market cap of $16.06 billion, a price-to-earnings ratio of 56.21, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data on Thursday, November 20th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.67 by $0.08. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $3.14 billion. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The firm’s revenue was up 6.6% compared to the same quarter last year. During the same period last year, the company posted $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities research analysts forecast that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 20th will be given a dividend of $0.36 per share. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.44 annualized dividend and a yield of 1.1%. Jacobs Solutions’s dividend payout ratio is presently 52.89%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on J shares. Citigroup cut their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, November 21st. Royal Bank Of Canada cut their price target on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, November 21st. Wall Street Zen lowered shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 25th. Barclays boosted their price objective on shares of Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Wells Fargo & Company increased their target price on Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Jacobs Solutions has an average rating of “Hold” and a consensus price target of $156.60.

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.