Wealthfront Advisers LLC Purchases 6,065 Shares of Jacobs Solutions Inc. $J

Wealthfront Advisers LLC increased its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 111.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 11,488 shares of the company’s stock after acquiring an additional 6,065 shares during the quarter. Wealthfront Advisers LLC’s holdings in Jacobs Solutions were worth $1,722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Forum Financial Management LP increased its holdings in shares of Jacobs Solutions by 2.0% in the third quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock worth $477,000 after acquiring an additional 63 shares in the last quarter. Harfst & Associates Inc. lifted its holdings in shares of Jacobs Solutions by 0.5% during the 3rd quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock valued at $1,891,000 after purchasing an additional 64 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of Jacobs Solutions by 3.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock valued at $337,000 after purchasing an additional 66 shares during the period. Blue Trust Inc. grew its position in shares of Jacobs Solutions by 11.2% in the 3rd quarter. Blue Trust Inc. now owns 695 shares of the company’s stock valued at $104,000 after purchasing an additional 70 shares during the period. Finally, D.A. Davidson & CO. increased its stake in Jacobs Solutions by 1.6% during the 2nd quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock worth $584,000 after purchasing an additional 71 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Jacobs Solutions

In related news, Director Peter J. Robertson acquired 1,000 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were bought at an average cost of $134.76 per share, with a total value of $134,760.00. Following the completion of the transaction, the director directly 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 acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Venkatesh Nathamuni bought 750 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were bought at an average price of $135.11 per share, with a total value of $101,332.50. Following the purchase, the chief financial officer owned 20,785 shares in the company, valued at $2,808,261.35. The trade was a 3.74% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 2,513 shares of company stock worth $335,878 over the last ninety days. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Trading Up 0.9%

Jacobs Solutions stock opened at $132.65 on Friday. The stock has a 50-day simple moving average of $137.58 and a 200 day simple moving average of $144.79. The stock has a market capitalization of $15.58 billion, a P/E ratio of 36.34, a PEG ratio of 1.37 and a beta of 0.80. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $168.44.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same period last year, the firm posted $1.33 earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Analysts expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, February 20th. Jacobs Solutions’s dividend payout ratio (DPR) is presently 39.45%.

Wall Street Analyst Weigh In

J has been the topic of a number of research reports. KeyCorp lifted their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Barclays upped their target price on shares of Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Royal Bank Of Canada dropped their price target on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, November 21st. Finally, Wells Fargo & Company boosted their price target on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $156.60.

Jacobs Solutions 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.