Boston Common Asset Management LLC lessened its stake in shares of Jacobs Solutions Inc. (NYSE:J – Free Report) by 49.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,233 shares of the company’s stock after selling 11,119 shares during the quarter. Boston Common Asset Management LLC’s holdings in Jacobs Solutions were worth $1,488,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in Jacobs Solutions during the 3rd quarter valued at $27,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Jacobs Solutions by 65.4% during the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after purchasing an additional 87 shares during the period. Wealth Watch Advisors INC acquired a new position in Jacobs Solutions in the 3rd quarter valued at approximately $33,000. Finally, Godsey & Gibb Inc. grew its holdings in shares of Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after acquiring an additional 121 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Jacobs Solutions
In related news, President Shannon Miller sold 1,440 shares of the business’s stock in a transaction that occurred 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 approximately $3,399,390.72. The trade was a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.48% of the company’s stock.
Analysts Set New Price Targets
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Jacobs Solutions Stock Down 0.9%
Jacobs Solutions stock opened at $124.80 on Tuesday. 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 1-year low of $106.23 and a 1-year high of $168.44. The firm’s fifty day simple moving average is $135.38 and its 200-day simple moving average is $141.90. The company has a market capitalization of $14.66 billion, a P/E ratio of 34.19, a P/E/G ratio of 1.30 and a beta of 0.78.
Jacobs Solutions (NYSE:J – Get Free Report) last issued its quarterly earnings data 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 net margin of 3.49% and a return on equity of 20.59%. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same period in the prior year, the company 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. Sell-side analysts forecast that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.
Jacobs Solutions Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, February 20th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, February 20th. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio (DPR) 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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