Jacobs Solutions Inc. $J Shares Sold by Savant Capital LLC

by · The Markets Daily

Savant Capital LLC trimmed its position in Jacobs Solutions Inc. (NYSE:J – Free Report) by 56.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,343 shares of the company’s stock after selling 14,776 shares during the quarter. Savant Capital LLC’s holdings in Jacobs Solutions were worth $1,502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Vident Advisory LLC boosted its holdings in Jacobs Solutions by 0.8% in the 2nd quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock valued at $1,287,000 after purchasing an additional 75 shares during the last quarter. Gratus Wealth Advisors LLC boosted its holdings in Jacobs Solutions by 1.3% in the 4th quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock valued at $820,000 after purchasing an additional 81 shares during the last quarter. Compound Planning Inc. boosted its holdings in Jacobs Solutions by 3.8% in the 3rd quarter. Compound Planning Inc. now owns 2,250 shares of the company’s stock valued at $337,000 after purchasing an additional 83 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Jacobs Solutions by 10.4% in the 3rd quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock worth $137,000 after acquiring an additional 86 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in shares of Jacobs Solutions by 2.2% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company’s stock worth $661,000 after purchasing an additional 93 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Jacobs Solutions news, CEO Robert V. Pragada bought 3,601 shares of Jacobs Solutions stock in a transaction on Friday, May 15th. The shares were bought at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the acquisition, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. This represents a 1.09% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Manuel J. Fernandez bought 253 shares of Jacobs Solutions stock in a transaction on Wednesday, May 13th. The shares were acquired at an average price of $112.56 per share, for a total transaction of $28,477.68. Following the completion of the acquisition, the director owned 12,504 shares in the company, valued at $1,407,450.24. This represents a 2.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 4,257 shares of company stock worth $477,651 in the last ninety days. 0.48% of the stock is owned by corporate insiders.

Jacobs Solutions Price Performance

Jacobs Solutions stock opened at $122.96 on Tuesday. The firm has a market cap of $14.52 billion, a PE ratio of 38.19, a price-to-earnings-growth ratio of 1.16 and a beta of 0.73. Jacobs Solutions Inc. has a 52-week low of $105.68 and a 52-week high of $168.44. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. The company’s 50 day moving average is $123.35 and its two-hundred day moving average is $132.39.

Jacobs Solutions (NYSE:J – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.11. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, research analysts expect that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.36 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. Jacobs Solutions’s dividend payout ratio is 44.72%.

Analyst Ratings Changes

J has been the subject of a number of research analyst reports. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. KeyCorp lowered their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Robert W. Baird lowered their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Citigroup increased their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $153.40.

View Our Latest Stock Analysis on Jacobs Solutions

Jacobs Solutions Company Profile

(Free Report)

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.

See Also

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