Cerity Partners LLC Boosts Stock Position in Jacobs Solutions Inc. $J

Cerity Partners LLC raised its holdings in Jacobs Solutions Inc. (NYSE:J) by 23.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 103,630 shares of the company’s stock after purchasing an additional 19,662 shares during the period. Cerity Partners LLC owned about 0.09% of Jacobs Solutions worth $13,622,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Cary Street Partners Investment Advisory LLC increased its stake in shares of Jacobs Solutions by 103.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after buying an additional 95 shares during the last quarter. Brown Advisory Inc. grew its holdings in Jacobs Solutions by 1.0% during the 2nd quarter. Brown Advisory Inc. now owns 15,228 shares of the company’s stock worth $2,002,000 after acquiring an additional 145 shares in the last quarter. Amundi grew its holdings in Jacobs Solutions by 340.2% during the 2nd quarter. Amundi now owns 343,364 shares of the company’s stock worth $45,327,000 after acquiring an additional 265,358 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of Jacobs Solutions by 1.7% in the 2nd quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock worth $1,975,000 after purchasing an additional 248 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Jacobs Solutions by 1.8% in the 2nd quarter. First Trust Advisors LP now owns 563,832 shares of the company’s stock valued at $74,116,000 after purchasing an additional 9,902 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wall Street Zen upgraded Jacobs Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. KeyCorp lifted their target price on Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Truist Financial lowered their price target on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. Royal Bank Of Canada reduced their price objective on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, November 21st. Finally, Citigroup decreased their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a report on Friday, November 21st. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $155.90.

Jacobs Solutions Stock Performance

J stock opened at $135.15 on Thursday. 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 $16.05 billion, a price-to-earnings ratio of 55.85, a PEG ratio of 1.49 and a beta of 0.81. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30. The stock’s fifty day moving average is $149.67 and its two-hundred day moving average is $142.86.

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

Jacobs Solutions Announces Dividend

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

Insider Buying and Selling

In other Jacobs Solutions news, Director Peter J. Robertson bought 1,000 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average cost of $134.76 per share, for a total transaction of $134,760.00. Following the transaction, 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Venkatesh Nathamuni bought 750 shares of the business’s stock in a transaction on Monday, November 24th. The shares were acquired at an average cost 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 in the company, valued at $2,808,261.35. This represents a 3.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 2,513 shares of company stock valued at $335,878 in the last three months. 0.38% of the stock is currently owned by corporate insiders.

Jacobs Solutions 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.