ZWJ Investment Counsel Inc. Reduces Position in Jacobs Solutions Inc. $J

ZWJ Investment Counsel Inc. decreased its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 4.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 218,747 shares of the company’s stock after selling 10,044 shares during the quarter. ZWJ Investment Counsel Inc. owned about 0.18% of Jacobs Solutions worth $32,781,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. D.A. Davidson & CO. increased its position in shares of Jacobs Solutions by 1.6% in the 2nd quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock valued at $584,000 after acquiring an additional 71 shares during the period. Huntington National Bank grew its stake in Jacobs Solutions by 3.8% during the 2nd quarter. Huntington National Bank now owns 2,010 shares of the company’s stock valued at $264,000 after purchasing an additional 73 shares during the last quarter. Fulton Bank N.A. increased its holdings in shares of Jacobs Solutions by 0.9% in the second quarter. Fulton Bank N.A. now owns 8,570 shares of the company’s stock valued at $1,127,000 after purchasing an additional 74 shares during the period. Vident Advisory LLC boosted its position in Jacobs Solutions by 0.8% in the second quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock valued at $1,287,000 after buying an additional 75 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Jacobs Solutions by 8.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,036 shares of the company’s stock worth $136,000 after buying an additional 78 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, Director Peter J. Robertson acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was bought at an average price of $134.76 per share, with a total value of $134,760.00. Following the purchase, the director owned 1,000 shares in the company, valued at approximately $134,760. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Manuel J. Fernandez bought 763 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was acquired at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the purchase, the director directly owned 10,380 shares in the company, valued at approximately $1,357,496.40. This represents a 7.93% 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 over the last 90 days. 0.48% of the stock is currently owned by corporate insiders.

Jacobs Solutions Stock Up 0.2%

J opened at $136.11 on Thursday. The company has a market cap of $16.07 billion, a PE ratio of 56.24, a price-to-earnings-growth ratio of 1.49 and a beta of 0.81. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The company has a 50-day moving average price of $145.53 and a 200 day moving average price of $143.47. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.61.

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

Jacobs Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were issued a $0.32 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 0.9%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 52.89%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. KeyCorp increased their price objective on shares of Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. The Goldman Sachs Group initiated coverage on shares of Jacobs Solutions in a research note on Monday, November 24th. They issued a “buy” rating and a $158.00 target price for the company. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Truist Financial cut their price objective on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $155.90.

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.