Security National Bank of Sioux City Iowa IA Increases Stake in Jacobs Solutions Inc. $J

Security National Bank of Sioux City Iowa IA raised its position in Jacobs Solutions Inc. (NYSE:J) by 26.1% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 17,869 shares of the company’s stock after acquiring an additional 3,695 shares during the period. Security National Bank of Sioux City Iowa IA’s holdings in Jacobs Solutions were worth $2,251,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its position in Jacobs Solutions by 0.7% during the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company’s stock worth $1,585,000 after purchasing an additional 81 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Jacobs Solutions by 1.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 6,633 shares of the company’s stock valued at $844,000 after buying an additional 97 shares during the period. New Mexico Educational Retirement Board lifted its holdings in shares of Jacobs Solutions by 1.9% in the 4th quarter. New Mexico Educational Retirement Board now owns 5,487 shares of the company’s stock valued at $727,000 after buying an additional 100 shares during the period. Flynn Zito Capital Management LLC boosted its stake in shares of Jacobs Solutions by 6.0% in the first quarter. Flynn Zito Capital Management LLC now owns 1,975 shares of the company’s stock valued at $251,000 after buying an additional 111 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Jacobs Solutions by 2.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 4,260 shares of the company’s stock valued at $564,000 after buying an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on J. Truist Financial cut their price objective on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a research report on Thursday, July 2nd. Weiss Ratings upgraded shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. UBS Group upped their price target on shares of Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. Finally, Royal Bank Of Canada raised their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $153.70.

Insiders Place Their Bets

In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the transaction, the president directly owned 67,356 shares in the company, valued at approximately $9,705,999.60. This represents a 20.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

Shares of J traded down $1.06 during mid-day trading on Friday, reaching $143.09. 2,136,804 shares of the company’s stock were exchanged, compared to its average volume of 1,023,280. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. The company has a 50-day simple moving average of $141.43 and a two-hundred day simple moving average of $130.86. Jacobs Solutions Inc. has a 52-week low of $105.68 and a 52-week high of $168.44. The company has a market cap of $16.90 billion, a price-to-earnings ratio of 50.74, a PEG ratio of 2.08 and a beta of 0.70.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.01. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the prior year, the firm earned $1.62 EPS. Jacobs Solutions’s quarterly revenue was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, sell-side analysts predict that Jacobs Solutions Inc. will post 7.26 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 21st will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 annualized dividend and a yield of 1.0%. Jacobs Solutions’s payout ratio is presently 51.06%.

About Jacobs Solutions

Jacobs Solutions Inc (NYSE:J) is a global professional services and technical consulting company that provides engineering, design, consulting, program and construction management, and operations services. The company works with public- and private-sector clients on complex projects involving infrastructure, transportation, water, environmental services, energy, advanced manufacturing, life sciences, and other critical facilities.

Jacobs supports the planning, design, delivery, and operation of large-scale assets and systems.