Toth Financial Advisory Corp Cuts Position in Jacobs Solutions Inc. $J

Toth Financial Advisory Corp trimmed its stake in Jacobs Solutions Inc. (NYSE:J) by 15.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 55,297 shares of the company’s stock after selling 9,738 shares during the quarter. Toth Financial Advisory Corp’s holdings in Jacobs Solutions were worth $6,967,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in J. Mufg Securities Americas Inc. boosted its position in Jacobs Solutions by 9.4% during the second quarter. Mufg Securities Americas Inc. now owns 3,557 shares of the company’s stock valued at $448,000 after purchasing an additional 307 shares in the last quarter. Nissay Asset Management Corp Japan raised its holdings in Jacobs Solutions by 3.3% in the second quarter. Nissay Asset Management Corp Japan now owns 15,952 shares of the company’s stock worth $2,010,000 after purchasing an additional 508 shares in the last quarter. Hsbc Holdings PLC raised its holdings in Jacobs Solutions by 2.8% in the second quarter. Hsbc Holdings PLC now owns 298,453 shares of the company’s stock worth $37,516,000 after purchasing an additional 8,052 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Jacobs Solutions by 27.5% during the second quarter. Wellington Management Group LLP now owns 134,935 shares of the company’s stock valued at $17,002,000 after buying an additional 29,114 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC bought a new stake in shares of Jacobs Solutions in the 2nd quarter valued at about $232,000. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Jacobs Solutions Stock Performance

J opened at $152.17 on Friday. The company has a market cap of $17.97 billion, a P/E ratio of 53.96, a price-to-earnings-growth ratio of 1.45 and a beta of 0.68. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. The firm’s 50-day moving average price is $136.03 and its 200-day moving average price is $130.27. Jacobs Solutions Inc. has a 52-week low of $105.68 and a 52-week high of $168.44.

Jacobs Solutions (NYSE:J) last released its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. The company had revenue of $2.42 billion during 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%. Jacobs Solutions’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the business earned $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, equities analysts anticipate that Jacobs Solutions Inc. will post 7.26 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 21st will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s dividend payout ratio is presently 51.06%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Truist Financial lowered their target price on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a research note on Thursday, July 2nd. Weiss Ratings upgraded shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Wall Street Zen raised shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Finally, Wells Fargo & Company reduced their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. Six investment 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 a consensus rating of “Moderate Buy” and a consensus target price of $153.70.

Insider Activity

In related news, President Patrick Hill sold 17,201 shares of the firm’s stock in a transaction 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 $9,705,999.60. This trade represents a 20.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.48% of the stock is currently owned by insiders.

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.