Advisors Asset Management Inc. Reduces Stake in Jacobs Solutions Inc. $J

Advisors Asset Management Inc. lowered its position in shares of Jacobs Solutions Inc. (NYSE:J) by 6.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,364 shares of the company’s stock after selling 4,143 shares during the period. Advisors Asset Management Inc. owned 0.05% of Jacobs Solutions worth $9,196,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Forum Financial Management LP raised its stake in Jacobs Solutions by 2.0% during the 3rd quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock valued at $477,000 after buying an additional 63 shares during the last quarter. Harfst & Associates Inc. grew its stake in shares of Jacobs Solutions by 0.5% during the 3rd quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock valued at $1,891,000 after purchasing an additional 64 shares during the period. B. Riley Wealth Advisors Inc. increased its position in shares of Jacobs Solutions by 3.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock valued at $337,000 after purchasing an additional 66 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Jacobs Solutions by 11.2% in the 3rd quarter. Blue Trust Inc. now owns 695 shares of the company’s stock worth $104,000 after purchasing an additional 70 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in shares of Jacobs Solutions by 1.6% in the second quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock worth $584,000 after buying an additional 71 shares during the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Royal Bank Of Canada reduced their price objective on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, November 21st. Truist Financial lowered their target price on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday, November 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Finally, KeyCorp boosted their price objective on Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $156.60.

Insider Activity

In other news, CFO Venkatesh Nathamuni acquired 750 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was acquired at an average cost 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 of the company’s stock, valued at $2,808,261.35. The trade was a 3.74% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter J. Robertson purchased 1,000 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were purchased at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the completion of the purchase, the director owned 1,000 shares of the company’s stock, valued at approximately $134,760. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 2,513 shares of company stock valued at $335,878 in the last quarter. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Trading Down 6.0%

J opened at $142.16 on Thursday. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72. The firm has a market cap of $16.70 billion, a price-to-earnings ratio of 38.95, a PEG ratio of 1.56 and a beta of 0.80. Jacobs Solutions Inc. has a 12 month low of $106.23 and a 12 month high of $168.44. The stock has a fifty day moving average price of $137.92 and a 200-day moving average price of $144.94.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter was up 12.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, equities research analysts anticipate that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The business 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 dividend of $0.36 per share. The ex-dividend date is Friday, February 20th. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s payout ratio is presently 39.45%.

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.