Wealth Enhancement Advisory Services LLC Sells 3,901 Shares of Jacobs Solutions Inc. $J

Wealth Enhancement Advisory Services LLC decreased its position in shares of Jacobs Solutions Inc. (NYSE:J) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 132,296 shares of the company’s stock after selling 3,901 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Jacobs Solutions were worth $18,169,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Forum Financial Management LP lifted its stake in Jacobs Solutions by 2.0% in the third quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock worth $477,000 after acquiring an additional 63 shares during the period. Harfst & Associates Inc. raised its holdings in shares of Jacobs Solutions by 0.5% in 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 in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in shares of Jacobs Solutions by 3.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock worth $337,000 after purchasing an additional 66 shares during the period. Blue Trust Inc. lifted its position 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, TD Private Client Wealth LLC boosted its stake in shares of Jacobs Solutions by 1.0% during the third quarter. TD Private Client Wealth LLC now owns 7,421 shares of the company’s stock valued at $1,112,000 after purchasing an additional 73 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

J has been the subject of a number of recent research reports. Wall Street Zen raised shares of Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jacobs Solutions in a report on Monday, December 29th. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company upped their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the stock 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 assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $156.60.

Jacobs Solutions Price Performance

Shares of J opened at $130.18 on Thursday. The company has a 50 day moving average of $136.21 and a two-hundred day moving average of $142.32. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The company has a market cap of $15.29 billion, a price-to-earnings ratio of 35.67, a price-to-earnings-growth ratio of 1.33 and a beta of 0.78.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the prior year, the firm posted $1.33 earnings per share. The business’s quarterly revenue 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, analysts predict that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 20th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.44 annualized dividend and a 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 currently 39.45%.

Insider Buying and Selling

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the sale, the president owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their ownership of the stock. The sale 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.

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.