RWA Wealth Partners LLC acquired a new position in Jacobs Solutions Inc. (NYSE:J – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 35,381 shares of the company’s stock, valued at approximately $5,302,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Empowered Funds LLC lifted its holdings in Jacobs Solutions by 92.3% in 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 period. Woodline Partners LP raised its position in shares of Jacobs Solutions by 38.7% in the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock worth $1,252,000 after acquiring an additional 2,891 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Jacobs Solutions in the 2nd quarter worth about $321,000. D.A. Davidson & CO. lifted its stake 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 purchasing an additional 71 shares during the period. Finally, Focus Partners Advisor Solutions LLC boosted its position in shares of Jacobs Solutions by 90.1% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 5,375 shares of the company’s stock valued at $706,000 after purchasing an additional 2,548 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
J has been the subject of a number of research analyst reports. Robert W. Baird downgraded Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Citigroup reduced their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Bank of America dropped their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Wall Street Zen lowered shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 15th. Finally, Wells Fargo & Company lifted their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $156.60.
Jacobs Solutions Price Performance
J stock opened at $133.47 on Thursday. The stock has a market capitalization of $15.68 billion, a price-to-earnings ratio of 36.57, a PEG ratio of 1.39 and a beta of 0.80. The firm’s 50-day moving average price is $137.60 and its two-hundred day moving average price is $144.35. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72. Jacobs Solutions Inc. has a 12-month low of $106.23 and a 12-month high of $168.44.
Jacobs Solutions (NYSE:J – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period in the prior year, the business posted $1.33 earnings per share. Jacobs Solutions’s revenue for the quarter was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, equities analysts predict that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.
Jacobs Solutions Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be given a $0.36 dividend. The ex-dividend date is Friday, February 20th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio is 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.
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