19,616 Shares in Jacobs Solutions Inc. $J Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new stake in Jacobs Solutions Inc. (NYSE:J) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,616 shares of the company’s stock, valued at approximately $2,472,000.

Several other large investors have also bought and sold shares of J. Empowered Funds LLC grew its holdings in shares of Jacobs Solutions by 92.3% during the first quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after buying an additional 3,226 shares during the last quarter. Woodline Partners LP lifted its position in shares of Jacobs Solutions by 38.7% during the first quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after purchasing an additional 2,891 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Jacobs Solutions during the second quarter worth about $321,000. Baird Financial Group Inc. boosted its holdings in Jacobs Solutions by 1.7% during the second 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, AXA S.A. grew its position in Jacobs Solutions by 14.9% in the 2nd quarter. AXA S.A. now owns 19,670 shares of the company’s stock worth $2,586,000 after purchasing an additional 2,556 shares in the last quarter. 85.65% of the stock is owned by institutional investors.

Insider Activity at Jacobs Solutions

In other news, President Patrick Hill sold 17,201 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the completion of the transaction, the president directly owned 67,356 shares in the company, valued at approximately $9,705,999.60. This trade represents a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

Shares of NYSE J opened at $150.76 on Wednesday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. The stock has a market cap of $17.80 billion, a PE ratio of 53.46, a price-to-earnings-growth ratio of 1.46 and a beta of 0.68. The stock has a fifty day moving average of $134.24 and a 200-day moving average of $130.05.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the prior year, the firm posted $1.62 EPS. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Equities research analysts anticipate that Jacobs Solutions Inc. will post 7.26 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s dividend payout ratio is presently 51.06%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Truist Financial decreased their price objective on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a research note on Thursday, July 2nd. UBS Group upped their target price on Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a report on Monday, August 10th. Wells Fargo & Company decreased their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Weiss Ratings raised Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Finally, Citigroup upped their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.70.

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.