Charles Schwab Investment Management Inc. Purchases 886 Shares of Jacobs Solutions Inc. $J

Charles Schwab Investment Management Inc. raised its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 0.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 783,705 shares of the company’s stock after acquiring an additional 886 shares during the period. Charles Schwab Investment Management Inc. owned about 0.66% of Jacobs Solutions worth $103,018,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in J. LPL Financial LLC grew its holdings in shares of Jacobs Solutions by 4.4% during the 1st quarter. LPL Financial LLC now owns 110,538 shares of the company’s stock valued at $13,363,000 after purchasing an additional 4,612 shares during the last quarter. XTX Topco Ltd grew its stake in shares of Jacobs Solutions by 119.1% during the first quarter. XTX Topco Ltd now owns 12,223 shares of the company’s stock valued at $1,478,000 after buying an additional 6,644 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in shares of Jacobs Solutions by 108.3% in the first quarter. Arkadios Wealth Advisors now owns 8,634 shares of the company’s stock worth $1,044,000 after buying an additional 4,490 shares during the period. Jefferies Financial Group Inc. bought a new stake in shares of Jacobs Solutions in the 1st quarter valued at about $17,570,000. Finally, Bank of Nova Scotia lifted its stake in shares of Jacobs Solutions by 15.2% in the 1st quarter. Bank of Nova Scotia now owns 129,887 shares of the company’s stock valued at $15,702,000 after acquiring an additional 17,120 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors.

Jacobs Solutions Stock Down 0.6%

Shares of NYSE J opened at $134.99 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. Jacobs Solutions Inc. has a 12 month low of $106.23 and a 12 month high of $168.44. The firm has a market capitalization of $16.03 billion, a PE ratio of 33.66, a price-to-earnings-growth ratio of 1.87 and a beta of 0.83. The firm has a fifty day simple moving average of $151.51 and a two-hundred day simple moving average of $142.20.

Jacobs Solutions (NYSE:J) last announced its earnings results on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same quarter in the previous year, the firm posted $1.37 EPS. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities analysts expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd will be given a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $1.28 annualized dividend and a dividend yield of 0.9%. Jacobs Solutions’s dividend payout ratio is currently 52.89%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Citigroup decreased their price target on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Jacobs Solutions in a research note on Wednesday, October 8th. Baird R W cut shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. UBS Group raised their price target on shares of Jacobs Solutions from $152.00 to $166.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $146.00 price objective (down from $161.00) on shares of Jacobs Solutions in a research note on Friday, November 21st. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $155.90.

Insider Transactions at Jacobs Solutions

In other news, CFO Venkatesh Nathamuni acquired 750 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was acquired at an average price of $135.11 per share, for a total transaction 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. This trade represents a 3.74% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter J. Robertson acquired 1,000 shares of the stock in a transaction on Monday, November 24th. The shares were purchased at an average cost of $134.76 per share, with a total value of $134,760.00. Following the transaction, the director directly owned 1,000 shares of the company’s stock, valued at approximately $134,760. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 2,513 shares of company stock valued at $335,878. Corporate insiders own 0.38% of the company’s stock.

Jacobs Solutions Company Profile

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.