Rhumbline Advisers Cuts Position in Jacobs Solutions Inc. $J

Rhumbline Advisers lowered its position in Jacobs Solutions Inc. (NYSE:J) by 4.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 258,750 shares of the company’s stock after selling 11,475 shares during the quarter. Rhumbline Advisers owned approximately 0.22% of Jacobs Solutions worth $38,776,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of J. Empowered Funds LLC raised its position in shares of Jacobs Solutions by 92.3% during the 1st quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock worth $812,000 after acquiring an additional 3,226 shares in the last quarter. Woodline Partners LP raised its holdings in Jacobs Solutions by 38.7% during the first quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock worth $1,252,000 after purchasing an additional 2,891 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Jacobs Solutions during the 2nd quarter worth approximately $321,000. IFP Advisors Inc boosted its holdings in shares of Jacobs Solutions by 67.7% in the 2nd quarter. IFP Advisors Inc now owns 1,305 shares of the company’s stock valued at $172,000 after buying an additional 527 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of Jacobs Solutions in the 2nd quarter valued at $471,000. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Stock Performance

Shares of J opened at $132.65 on Friday. Jacobs Solutions Inc. has a 1 year low of $106.23 and a 1 year high of $168.44. The stock has a market capitalization of $15.58 billion, a P/E ratio of 36.34, a P/E/G ratio of 1.37 and a beta of 0.80. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33. The company’s fifty day moving average is $137.58 and its two-hundred day moving average is $144.79.

Jacobs Solutions (NYSE:J) last issued its quarterly 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%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, sell-side analysts predict that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s payout ratio is 39.45%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on J. KeyCorp boosted their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Robert W. Baird cut Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Finally, Bank of America lowered their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $156.60.

Insider Activity at Jacobs Solutions

In other Jacobs Solutions news, CFO Venkatesh Nathamuni bought 750 shares of Jacobs Solutions stock in a transaction on Monday, November 24th. The stock was bought at an average price of $135.11 per share, with a total value of $101,332.50. Following the completion of the acquisition, the chief financial officer owned 20,785 shares in the company, valued at $2,808,261.35. The trade was a 3.74% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Manuel J. Fernandez purchased 763 shares of the stock in a transaction dated Monday, November 24th. The shares were bought at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the purchase, the director owned 10,380 shares in the company, valued at approximately $1,357,496.40. This trade represents a 7.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 2,513 shares of company stock worth $335,878 over the last three months. 0.48% of the stock is currently owned by corporate 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.