Vest Financial LLC Sells 6,067 Shares of Jacobs Solutions Inc. $J

Vest Financial LLC lowered its position in Jacobs Solutions Inc. (NYSE:JFree Report) by 15.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 32,786 shares of the company’s stock after selling 6,067 shares during the period. Vest Financial LLC’s holdings in Jacobs Solutions were worth $4,343,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions during the third quarter worth about $27,000. Princeton Global Asset Management LLC bought a new stake in shares of Jacobs Solutions during the fourth quarter worth $30,000. Central Pacific Bank Trust Division acquired a new position in Jacobs Solutions in the 4th quarter worth $31,000. Geneos Wealth Management Inc. lifted its holdings 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. Finally, Godsey & Gibb Inc. grew its holdings 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 in the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on J shares. Robert W. Baird lowered their price objective 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. Wells Fargo & Company raised their target price 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 upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen downgraded Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 18th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $154.60.

Read Our Latest Report on Jacobs Solutions

Jacobs Solutions Stock Performance

NYSE J opened at $125.48 on Thursday. The company has a market capitalization of $14.74 billion, a price-to-earnings ratio of 34.38, a PEG ratio of 1.30 and a beta of 0.77. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. Jacobs Solutions Inc. has a twelve month low of $117.36 and a twelve month high of $168.44. The stock has a fifty day simple moving average of $130.21 and a 200 day simple moving average of $138.38.

Jacobs Solutions (NYSE:JGet Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.01. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same quarter in the prior year, the firm posted $1.33 earnings per share. The business’s quarterly revenue was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Sell-side analysts expect that Jacobs Solutions Inc. will post 7.13 EPS for the current year.

Insider Buying and Selling at Jacobs Solutions

In other news, President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the transaction, the president directly owned 25,344 shares in the company, valued at $3,399,390.72. This trade represents a 5.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.48% of the company’s stock.

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.

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Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)

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