Teacher Retirement System of Texas Sells 146,691 Shares of Jacobs Solutions Inc. $J

Teacher Retirement System of Texas trimmed its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 74.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,736 shares of the company’s stock after selling 146,691 shares during the quarter. Teacher Retirement System of Texas’ holdings in Jacobs Solutions were worth $6,588,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in J. Measured Wealth Private Client Group LLC purchased a new stake in shares of Jacobs Solutions in the 3rd quarter valued at about $27,000. Princeton Global Asset Management LLC purchased a new position in shares of Jacobs Solutions during the fourth quarter worth about $30,000. Central Pacific Bank Trust Division purchased a new position in shares of Jacobs Solutions during the fourth quarter worth about $31,000. Godsey & Gibb Inc. increased its position in shares of Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after purchasing an additional 121 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Jacobs Solutions by 65.4% in 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 last quarter. 85.65% of the stock is currently owned by institutional investors.

Insider Activity

In other news, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction dated 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 transaction, the president directly owned 25,344 shares in the company, valued at approximately $3,399,390.72. This represents a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

J opened at $126.54 on Monday. The stock has a 50-day moving average price of $130.86 and a 200-day moving average price of $138.85. Jacobs Solutions Inc. has a 12-month low of $117.36 and a 12-month high of $168.44. 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 stock has a market capitalization of $14.86 billion, a P/E ratio of 34.67, a PEG ratio of 1.31 and a beta of 0.77.

Jacobs Solutions (NYSE:J) last posted 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 return on equity of 20.59% and a net margin of 3.49%.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 business earned $1.33 EPS. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Equities analysts predict that Jacobs Solutions Inc. will post 7.13 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 20th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, February 20th. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio (DPR) is currently 39.45%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on J shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Wells Fargo & Company increased their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Robert W. Baird decreased their price target on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Finally, Wall Street Zen lowered shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 18th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $154.60.

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.