B. Metzler seel. Sohn & Co. AG decreased its position in Jacobs Solutions Inc. (NYSE:J – Free Report) by 83.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,530 shares of the company’s stock after selling 7,917 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Jacobs Solutions were worth $203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in J. Measured Wealth Private Client Group LLC purchased a new position in Jacobs Solutions in the 3rd quarter worth $27,000. Princeton Global Asset Management LLC purchased a new position in Jacobs Solutions in the 4th quarter worth $30,000. Central Pacific Bank Trust Division purchased a new position in Jacobs Solutions in the 4th quarter worth $31,000. Godsey & Gibb Inc. raised its stake in Jacobs Solutions by 121.0% in the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after acquiring an additional 121 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in Jacobs Solutions by 65.4% in the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after acquiring an additional 87 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.
Insiders Place Their Bets
In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the sale, the president directly owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.48% of the company’s stock.
Jacobs Solutions Price Performance
Jacobs Solutions (NYSE:J – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.01. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the firm earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Research analysts predict that Jacobs Solutions Inc. will post 7.13 earnings per share for the current year.
Jacobs Solutions Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 20th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.44 annualized dividend and a 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 Ratings Changes
A number of equities analysts recently issued reports on the company. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Wall Street Zen lowered Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 18th. Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Robert W. Baird reduced their target price on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Wells Fargo & Company raised their target price on Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Jacobs Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $154.60.
View Our Latest Research Report on Jacobs Solutions
About Jacobs Solutions
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.
Further Reading
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