Jacobs Solutions Inc. $J Stock Holdings Lowered by Sei Investments Co.

Sei Investments Co. cut its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 23.8% in the 1st quarter, Holdings Channel reports. The firm owned 198,513 shares of the company’s stock after selling 62,035 shares during the period. Sei Investments Co.’s holdings in Jacobs Solutions were worth $25,267,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in J. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions in the third quarter valued at $27,000. Wealth Watch Advisors INC bought a new stake in shares of Jacobs Solutions during the 3rd quarter worth $33,000. Princeton Global Asset Management LLC bought a new stake in shares of Jacobs Solutions during the 4th quarter worth $30,000. International Assets Investment Management LLC acquired a new position in shares of Jacobs Solutions in the 4th quarter worth $38,000. Finally, Torren Management LLC acquired a new position in shares of Jacobs Solutions in the 4th quarter worth $41,000. 85.65% of the stock is currently owned by institutional investors.

Insider Activity

In other Jacobs Solutions news, CEO Robert V. Pragada bought 3,601 shares of the stock in a transaction on Friday, May 15th. The shares were bought at an average price of $111.09 per share, with a total value of $400,035.09. Following the purchase, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. The trade was a 1.09% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Manuel J. Fernandez bought 253 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average price of $112.56 per share, for a total transaction of $28,477.68. Following the acquisition, the director directly owned 12,504 shares in the company, valued at $1,407,450.24. This trade represents a 2.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders purchased 4,257 shares of company stock valued at $477,651. Company insiders own 0.48% of the company’s stock.

Analysts Set New Price Targets

J has been the subject of several analyst reports. Truist Financial reduced their target price on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a report on Thursday, July 2nd. Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Wells Fargo & Company reduced 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 note on Thursday, May 7th. Finally, Citigroup raised their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $153.30.

Jacobs Solutions Trading Up 4.2%

NYSE J opened at $140.86 on Wednesday. The firm’s 50 day moving average price is $124.84 and its two-hundred day moving average price is $129.21. 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 twelve month low of $105.68 and a twelve month high of $168.44. The stock has a market cap of $16.63 billion, a price-to-earnings ratio of 43.75, a PEG ratio of 1.31 and a beta of 0.69.

Jacobs Solutions (NYSE:J) last released its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The company’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Equities analysts anticipate that Jacobs Solutions Inc. will post 7.23 EPS for the current year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 22nd were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

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.