Jacobs Solutions Inc. $J Shares Sold by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. decreased its position in shares of Jacobs Solutions Inc. (NYSE:J) by 72.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,154 shares of the company’s stock after selling 5,541 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Jacobs Solutions were worth $285,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new stake in Jacobs Solutions during the 3rd quarter worth about $27,000. Princeton Global Asset Management LLC purchased a new stake in Jacobs Solutions during the 4th quarter worth about $30,000. Central Pacific Bank Trust Division purchased a new stake in Jacobs Solutions during the 4th quarter worth about $31,000. Wealth Watch Advisors INC purchased a new stake in Jacobs Solutions during the 3rd quarter worth about $33,000. Finally, International Assets Investment Management LLC purchased a new stake in Jacobs Solutions during the 4th quarter worth about $38,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Wall Street Analysts Forecast Growth

J has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price objective on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Royal Bank Of Canada restated an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research note on Tuesday, May 19th. Citigroup increased their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings cut Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $153.40.

Jacobs Solutions Stock Performance

Jacobs Solutions stock opened at $120.22 on Tuesday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a fifty day moving average of $122.64 and a two-hundred day moving average of $131.31. The company has a market capitalization of $14.20 billion, a price-to-earnings ratio of 37.34, a PEG ratio of 1.19 and a beta of 0.69. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share 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 return on equity of 22.29% and a net margin of 2.92%.Jacobs Solutions’s revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts anticipate that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be given a $0.36 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. Jacobs Solutions’s payout ratio is currently 44.72%.

Insiders Place Their Bets

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

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.