Thompson Siegel & Walmsley LLC Trims Holdings in Jacobs Solutions Inc. $J

Thompson Siegel & Walmsley LLC lessened its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 67.9% during the fourth quarter, Holdings Channel reports. The firm owned 97,518 shares of the company’s stock after selling 206,085 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Jacobs Solutions were worth $12,917,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in Jacobs Solutions during the 3rd quarter valued at about $27,000. Wealth Watch Advisors INC purchased a new position in Jacobs Solutions during the 3rd quarter valued at about $33,000. Princeton Global Asset Management LLC purchased a new position in Jacobs Solutions during the 4th quarter valued at about $30,000. Central Pacific Bank Trust Division purchased a new position in Jacobs Solutions during the 4th quarter valued at about $31,000. Finally, Golden State Wealth Management LLC increased its holdings in Jacobs Solutions by 63.3% during the 3rd quarter. Golden State Wealth Management LLC now owns 258 shares of the company’s stock valued at $39,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Insider Activity at Jacobs Solutions

In related news, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the transaction, the president owned 25,344 shares of the company’s stock, valued at $3,399,390.72. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert V. Pragada acquired 3,601 shares of Jacobs Solutions stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $111.09 per share, with a total value of $400,035.09. Following the transaction, the chief executive officer 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 SEC filing for this purchase provides additional information. Insiders purchased a total of 4,257 shares of company stock valued at $477,651 in the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

J stock opened at $119.98 on Monday. The firm has a 50 day moving average price of $123.46 and a 200-day moving average price of $132.62. Jacobs Solutions Inc. has a 52-week low of $105.68 and a 52-week high of $168.44. The firm has a market capitalization of $14.17 billion, a price-to-earnings ratio of 37.26, a PEG ratio of 1.16 and a beta of 0.69. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share 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 company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the business posted $1.43 EPS. The firm’s quarterly 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 research analysts forecast that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio (DPR) is 44.72%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Robert W. Baird reduced their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. KeyCorp reduced their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Wells Fargo & Company reduced their target price on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $153.40.

About Jacobs Solutions

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.