Ameritas Advisory Services LLC Sells 5,954 Shares of Jacobs Solutions Inc. $J

Ameritas Advisory Services LLC decreased its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 85.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,049 shares of the company’s stock after selling 5,954 shares during the period. Ameritas Advisory Services LLC’s holdings in Jacobs Solutions were worth $157,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC increased its holdings 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 worth $25,000 after purchasing an additional 95 shares in the last quarter. Geneos Wealth Management Inc. boosted its position 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 buying an additional 87 shares during the period. Godsey & Gibb Inc. boosted its position in shares of Jacobs Solutions by 121.0% during the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after buying an additional 121 shares during the period. First Horizon Corp bought a new position in shares of Jacobs Solutions during the third quarter worth about $34,000. Finally, Golden State Wealth Management LLC raised its position in Jacobs Solutions by 63.3% in the 3rd quarter. Golden State Wealth Management LLC now owns 258 shares of the company’s stock valued at $39,000 after buying an additional 100 shares during the last quarter. 85.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

J has been the subject of a number of recent research reports. Royal Bank Of Canada reduced their price target on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. Truist Financial reduced their target price on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. Wells Fargo & Company raised their target price on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Citigroup cut 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 report on Friday, November 21st. Finally, Robert W. Baird cut Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $156.60.

Jacobs Solutions Stock Performance

NYSE J opened at $136.32 on Wednesday. The firm has a market capitalization of $16.01 billion, a P/E ratio of 37.35, a price-to-earnings-growth ratio of 1.37 and a beta of 0.80. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72. The firm’s fifty day moving average price is $137.42 and its two-hundred day moving average price is $144.72. Jacobs Solutions Inc. has a 1 year low of $106.23 and a 1 year high of $168.44.

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

Jacobs Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th will be paid a $0.36 dividend. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio is currently 35.07%.

Insider Activity

In other Jacobs Solutions news, Director Manuel J. Fernandez bought 763 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average cost of $130.78 per share, with a total value of $99,785.14. Following the acquisition, the director owned 10,380 shares of the company’s stock, valued at $1,357,496.40. The trade was a 7.93% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter J. Robertson purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was acquired at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the purchase, the director owned 1,000 shares in the company, valued at $134,760. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 2,513 shares of company stock valued at $335,878 over the last three months. 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.