Jacobs Solutions Inc. $J Shares Sold by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lowered its position in shares of Jacobs Solutions Inc. (NYSE:J) by 6.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,750 shares of the company’s stock after selling 3,960 shares during the quarter. Marks Group Wealth Management Inc owned approximately 0.05% of Jacobs Solutions worth $9,254,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in J. Cary Street Partners Investment Advisory LLC boosted 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 worth $25,000 after purchasing an additional 95 shares during the last quarter. Godsey & Gibb Inc. boosted its holdings in shares of Jacobs Solutions by 121.0% during the 3rd 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. Geneos Wealth Management Inc. grew 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 valued at $33,000 after purchasing an additional 87 shares in the last quarter. First Horizon Corp purchased a new position in Jacobs Solutions during the third quarter worth approximately $34,000. Finally, Golden State Wealth Management LLC boosted its stake in Jacobs Solutions by 63.3% during the third quarter. Golden State Wealth Management LLC now owns 258 shares of the company’s stock worth $39,000 after buying an additional 100 shares during the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Jacobs Solutions Trading Down 1.1%

Shares of NYSE J opened at $137.76 on Monday. 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 $16.18 billion, a PE ratio of 37.74, a PEG ratio of 1.43 and a beta of 0.80. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The stock has a fifty day simple moving average of $137.64 and a 200-day simple moving average of $144.63.

Jacobs Solutions (NYSE:J) last posted its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.01. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.Jacobs Solutions’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, equities analysts forecast that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The firm also recently declared 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 represents a $1.44 annualized dividend and a dividend yield of 1.0%. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s payout ratio is presently 39.45%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on J shares. The Goldman Sachs Group initiated coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They set a “buy” rating and a $158.00 price target on the stock. Royal Bank Of Canada decreased their target price on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Wall Street Zen downgraded shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. Wells Fargo & Company increased their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. Finally, Robert W. Baird cut Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $156.60.

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.