Jacobs Solutions Inc. $J Stock Holdings Increased by Oakmont Investment Advisors Inc.

Oakmont Investment Advisors Inc. grew its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 102.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,400 shares of the company’s stock after buying an additional 10,300 shares during the period. Jacobs Solutions accounts for about 1.9% of Oakmont Investment Advisors Inc.’s holdings, making the stock its 10th largest holding. Oakmont Investment Advisors Inc.’s holdings in Jacobs Solutions were worth $2,760,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of J. NBH Bank acquired a new position in shares of Jacobs Solutions during the 2nd quarter worth about $28,000. Continuum Advisory LLC acquired a new stake in shares of Jacobs Solutions during the 2nd quarter worth about $28,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Jacobs Solutions during the 2nd quarter worth about $30,000. Compass Financial Management LLC acquired a new stake in shares of Jacobs Solutions during the 2nd quarter worth about $38,000. Finally, Mather Group LLC. lifted its stake in Jacobs Solutions by 79.7% during the third quarter. Mather Group LLC. now owns 345 shares of the company’s stock worth $47,000 after purchasing an additional 153 shares during the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Stock Performance

NYSE J opened at $142.51 on Thursday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29. Jacobs Solutions Inc. has a 1 year low of $105.68 and a 1 year high of $168.44. The company has a market capitalization of $16.83 billion, a PE ratio of 20.33, a P/E/G ratio of 1.75 and a beta of 0.72. The company has a fifty day moving average of $143.12 and a two-hundred day moving average of $132.35.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the company posted $1.62 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, analysts expect that Jacobs Solutions Inc. will post 7.24 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, August 21st were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Friday, August 21st. Jacobs Solutions’s dividend payout ratio (DPR) is currently 51.06%.

Insider Transactions at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the transaction, the president owned 67,356 shares in the company, valued at $9,705,999.60. This trade represents a 20.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.48% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on J shares. KeyCorp lowered their price target on Jacobs Solutions from $168.00 to $166.00 and set an “overweight” rating for the company in a report on Thursday, October 15th. Weiss Ratings upgraded shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. UBS Group raised their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. Finally, Royal Bank Of Canada boosted their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $156.00.

Jacobs Solutions Profile

Jacobs Solutions Inc (NYSE:J) is a global technical, professional and consulting services provider serving government and commercial clients. The company helps organizations plan, design, deliver and operate complex infrastructure and mission-critical programs, with expertise spanning advanced manufacturing, transportation, water, environmental services, energy, life sciences, space and national security.

Through its consulting and engineering operations, Jacobs provides services such as program and project management, engineering and design, architecture, environmental planning, digital solutions and operational support.