Jacobs Solutions Inc. $J Shares Sold by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. lowered its position in Jacobs Solutions Inc. (NYSE:J) by 72.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,154 shares of the company’s stock after selling 5,541 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Jacobs Solutions were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Havemeyer Place LP acquired a new position in Jacobs Solutions in the fourth quarter valued at $2,663,000. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Jacobs Solutions by 75.4% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 21,471 shares of the company’s stock valued at $2,844,000 after acquiring an additional 9,227 shares during the last quarter. Wharton Business Group LLC boosted its holdings in Jacobs Solutions by 0.5% in the fourth quarter. Wharton Business Group LLC now owns 62,160 shares of the company’s stock valued at $8,234,000 after acquiring an additional 305 shares during the last quarter. Pinebridge Investments LLC acquired a new position in Jacobs Solutions in the fourth quarter valued at $3,996,000. Finally, WINTON GROUP Ltd boosted its holdings in Jacobs Solutions by 122.1% in the fourth quarter. WINTON GROUP Ltd now owns 8,586 shares of the company’s stock valued at $1,137,000 after acquiring an additional 4,721 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Trading Down 1.9%

Shares of J opened at $120.22 on Tuesday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The stock’s 50-day moving average is $122.64 and its two-hundred day moving average is $131.31. The stock has a market cap of $14.20 billion, a PE ratio of 37.34, a P/E/G ratio of 1.19 and a beta of 0.69.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the firm posted $1.43 earnings per share. The company’s revenue was up 8.9% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Equities analysts forecast that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

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

Wall Street Analyst Weigh In

J has been the topic of a number of research analyst reports. Citigroup lifted their target price on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Wells Fargo & Company reduced their price objective on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings cut Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. KeyCorp reduced their price objective on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Finally, Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Jacobs Solutions has an average rating of “Moderate Buy” and an average price target of $153.40.

Insider Activity

In other Jacobs Solutions news, CEO Robert V. Pragada purchased 3,601 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the completion of the purchase, the chief executive officer owned 333,755 shares in the company, valued at $37,076,842.95. The trade was a 1.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Manuel J. Fernandez purchased 403 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the purchase, the director owned 12,251 shares of the company’s stock, valued at approximately $1,493,764.43. This represents a 3.40% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders purchased 4,257 shares of company stock worth $477,651. Insiders own 0.48% of the company’s stock.

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.