Allworth Financial LP Has $991,000 Stake in Jacobs Solutions Inc. $J

Allworth Financial LP trimmed its holdings in Jacobs Solutions Inc. (NYSE:J) by 47.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,482 shares of the company’s stock after selling 6,647 shares during the period. Allworth Financial LP’s holdings in Jacobs Solutions were worth $991,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SFE Investment Counsel raised its position in shares of Jacobs Solutions by 12.6% in the fourth quarter. SFE Investment Counsel now owns 55,203 shares of the company’s stock valued at $7,312,000 after buying an additional 6,196 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Jacobs Solutions by 0.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,709 shares of the company’s stock valued at $1,816,000 after buying an additional 100 shares in the last quarter. Summit Wealth Group LLC Co. acquired a new stake in shares of Jacobs Solutions in the fourth quarter valued at approximately $389,000. Ameritas Advisory Services LLC raised its position in Jacobs Solutions by 405.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 5,305 shares of the company’s stock valued at $703,000 after purchasing an additional 4,256 shares in the last quarter. Finally, West Tower Group LLC raised its position in Jacobs Solutions by 40.4% during the fourth quarter. West Tower Group LLC now owns 8,000 shares of the company’s stock valued at $1,060,000 after purchasing an additional 2,300 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Stock Up 2.7%

Shares of NYSE:J opened at $113.52 on Tuesday. The company has a fifty day moving average of $126.25 and a 200-day moving average of $135.13. The company has a market capitalization of $13.40 billion, a PE ratio of 35.26, a price-to-earnings-growth ratio of 1.07 and a beta of 0.73. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. Jacobs Solutions Inc. has a 52-week low of $105.68 and a 52-week high of $168.44.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.11. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, equities analysts predict that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is presently 44.72%.

Analyst Ratings Changes

Several brokerages have commented on J. Citigroup boosted their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Wells Fargo & Company lowered their price objective on shares of 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. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. KeyCorp lowered their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Finally, Weiss Ratings downgraded shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Jacobs Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $153.40.

Insider Activity at Jacobs Solutions

In related news, President Shannon Miller sold 1,440 shares of the stock in a transaction on 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 directly owned 25,344 shares in the company, valued at $3,399,390.72. This represents a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert V. Pragada acquired 3,601 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average price of $111.09 per share, with a total value of $400,035.09. Following the completion of the acquisition, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased 4,257 shares of company stock worth $477,651 over the last three months. 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.