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

Marks Group Wealth Management Inc reduced its holdings in Jacobs Solutions Inc. (NYSE:J) by 11.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,945 shares of the company’s stock after selling 6,221 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Jacobs Solutions were worth $6,102,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC acquired a new position in Jacobs Solutions in the third quarter worth approximately $27,000. Princeton Global Asset Management LLC acquired a new stake in shares of Jacobs Solutions during the 4th quarter valued at $30,000. Central Pacific Bank Trust Division bought a new stake in shares of Jacobs Solutions during the 4th quarter worth $31,000. Wealth Watch Advisors INC bought a new stake in shares of Jacobs Solutions during the 3rd quarter worth $33,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Jacobs Solutions in the 4th quarter worth $38,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Jacobs Solutions news, Director Manuel J. Fernandez bought 403 shares of the stock in a transaction on Friday, May 8th. The shares were bought at an average price of $121.93 per share, with a total value of $49,137.79. Following the purchase, the director directly owned 12,251 shares in the company, valued at $1,493,764.43. The trade was a 3.40% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Robert V. Pragada bought 3,601 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price 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 trade represents a 1.09% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 4,257 shares of company stock worth $477,651. Company insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

J opened at $129.60 on Thursday. The firm has a market capitalization of $15.30 billion, a P/E ratio of 40.25, a PEG ratio of 1.25 and a beta of 0.69. The stock has a fifty day moving average of $121.49 and a 200-day moving average of $129.36. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. Jacobs Solutions Inc. has a 12-month low of $105.68 and a 12-month high of $168.44.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.Jacobs Solutions’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Equities analysts forecast that Jacobs Solutions Inc. will post 7.23 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, May 22nd were given a dividend of $0.36 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 44.72%.

Wall Street Analyst Weigh In

J has been the topic of a number of recent analyst reports. KeyCorp cut their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Royal Bank Of Canada restated an “outperform” rating and set a $169.00 price objective on shares of Jacobs Solutions in a report on Tuesday, May 19th. Weiss Ratings lowered shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company decreased their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $153.10.

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.