Jacobs Solutions Inc. $J Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lowered its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 85.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,621 shares of the company’s stock after selling 9,859 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Jacobs Solutions were worth $243,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Ameriprise Financial Inc. raised its holdings in shares of Jacobs Solutions by 828.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after purchasing an additional 1,184,068 shares during the period. AQR Capital Management LLC boosted its stake in 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 acquiring an additional 525,291 shares during the period. Ninety One UK Ltd grew its position 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 purchasing an additional 520,417 shares during the last quarter. Invesco Ltd. grew its position in Jacobs Solutions by 21.4% in the 2nd quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock valued at $342,738,000 after buying an additional 460,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Jacobs Solutions by 350.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock worth $72,638,000 after acquiring an additional 429,880 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Citigroup cut their price target 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. Bank of America dropped their price target on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Wells Fargo & Company lifted their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. The Goldman Sachs Group started coverage on Jacobs Solutions in a research report on Monday, November 24th. They issued a “buy” rating and a $158.00 target price on the stock. Finally, Robert W. Baird cut Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Jacobs Solutions currently has an average rating of “Moderate Buy” and an average target price of $156.60.

Jacobs Solutions Stock Down 1.5%

Shares of Jacobs Solutions stock opened at $137.70 on Friday. Jacobs Solutions Inc. has a 12-month low of $106.23 and a 12-month high of $168.44. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. The stock has a 50 day moving average price of $137.81 and a two-hundred day moving average price of $144.21. The stock has a market capitalization of $16.17 billion, a P/E ratio of 37.72, a PEG ratio of 1.43 and a beta of 0.80.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 12.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Equities analysts expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th 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%. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio is currently 39.45%.

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.