Cerity Partners LLC Grows Stock Holdings in Jacobs Solutions Inc. $J

Cerity Partners LLC boosted its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 3.6% during the third quarter, Holdings Channel reports. The firm owned 107,411 shares of the company’s stock after purchasing an additional 3,781 shares during the quarter. Cerity Partners LLC’s holdings in Jacobs Solutions were worth $16,097,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC raised its stake in Jacobs Solutions by 103.3% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after buying an additional 95 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Jacobs Solutions by 65.4% in the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after buying an additional 87 shares during the last quarter. Costello Asset Management INC purchased a new position in shares of Jacobs Solutions in the 2nd quarter worth $43,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Jacobs Solutions in the second quarter worth $44,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Jacobs Solutions during the second quarter valued at $44,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Insider Activity

In other Jacobs Solutions news, Director Peter J. Robertson bought 1,000 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were bought at an average price of $134.76 per share, with a total value of $134,760.00. Following the purchase, the director owned 1,000 shares of the company’s stock, valued at $134,760. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Venkatesh Nathamuni purchased 750 shares of the company’s stock in a transaction on Monday, November 24th. The stock was acquired at an average price of $135.11 per share, with a total value of $101,332.50. Following the completion of the purchase, the chief financial officer directly owned 20,785 shares in the company, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 2,513 shares of company stock worth $335,878 over the last ninety days. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

NYSE J opened at $139.96 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.61. Jacobs Solutions Inc. has a 12 month low of $106.23 and a 12 month high of $168.44. The stock has a market cap of $16.53 billion, a price-to-earnings ratio of 57.83, a PEG ratio of 1.51 and a beta of 0.81. The company’s 50 day moving average is $140.01 and its two-hundred day moving average is $144.06.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the prior year, the company posted $1.37 earnings per share. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. As a group, research analysts anticipate that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 0.9%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on J shares. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Barclays raised their price objective on shares of Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Robert W. Baird reiterated a “neutral” rating and issued a $146.00 price target (down from $161.00) on shares of Jacobs Solutions in a research report on Friday, November 21st. Citigroup dropped their price target on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Finally, Wells Fargo & Company cut their price objective on shares of Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating for the company in a research report on Friday, November 21st. 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.com, the company has an average rating of “Moderate Buy” and an average price target of $155.90.

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.