TrueWealth Advisors LLC Makes New Investment in Jacobs Solutions Inc. $J

TrueWealth Advisors LLC acquired a new stake in Jacobs Solutions Inc. (NYSE:J) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 4,908 shares of the company’s stock, valued at approximately $736,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Jacobs Solutions by 103.3% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after acquiring an additional 95 shares during the last quarter. Costello Asset Management INC acquired a new stake in Jacobs Solutions during the 2nd quarter valued at $43,000. Moisand Fitzgerald Tamayo LLC bought a new position in Jacobs Solutions during the second quarter worth $44,000. CYBER HORNET ETFs LLC acquired a new position in shares of Jacobs Solutions in the second quarter valued at $44,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Jacobs Solutions in the second quarter valued at $53,000. 85.65% of the stock is currently owned by institutional investors.

Jacobs Solutions Price Performance

Shares of Jacobs Solutions stock opened at $136.11 on Friday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $16.07 billion, a price-to-earnings 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 simple moving average of $145.13 and a two-hundred day simple moving average of $143.41.

Jacobs Solutions (NYSE:J) last announced its earnings results on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. 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 prior year, the business posted $1.37 EPS. The business’s revenue 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. Analysts forecast that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Dividend Announcement

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

Insider Buying and Selling at Jacobs Solutions

In related news, Director Manuel J. Fernandez bought 763 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was purchased at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the transaction, the director owned 10,380 shares in the company, valued at $1,357,496.40. The trade was a 7.93% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Venkatesh Nathamuni bought 750 shares of Jacobs Solutions stock in a transaction dated Monday, November 24th. The shares were bought at an average cost 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 represents a 3.74% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 2,513 shares of company stock valued at $335,878 in the last three months. Corporate insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Citigroup cut their target price on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Wells Fargo & Company lowered their price target on shares of Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Bank of America cut their price objective on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. Robert W. Baird restated a “neutral” rating and set a $146.00 price objective (down previously from $161.00) on shares of Jacobs Solutions in a report on Friday, November 21st. Finally, Baird R W lowered Jacobs Solutions from a “strong-buy” rating to a “hold” rating 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 stock. Based on data from MarketBeat, Jacobs Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $155.90.

Jacobs Solutions 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.