Jacobs Solutions Inc. $J Shares Bought by Creative Planning

Creative Planning lifted its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 3.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 35,555 shares of the company’s stock after buying an additional 1,244 shares during the quarter. Creative Planning’s holdings in Jacobs Solutions were worth $4,674,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Costello Asset Management INC purchased a new stake in Jacobs Solutions during the 2nd quarter valued at approximately $43,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Jacobs Solutions in the second quarter valued at approximately $44,000. Colonial Trust Advisors acquired a new position in shares of Jacobs Solutions in the first quarter valued at approximately $51,000. Ransom Advisory Ltd purchased a new stake in shares of Jacobs Solutions during the second quarter worth approximately $53,000. Finally, True Wealth Design LLC lifted its holdings in shares of Jacobs Solutions by 30.7% during the second quarter. True Wealth Design LLC now owns 447 shares of the company’s stock worth $59,000 after purchasing an additional 105 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Stock Down 0.2%

Jacobs Solutions stock opened at $128.87 on Friday. Jacobs Solutions Inc. has a fifty-two week low of $106.23 and a fifty-two week high of $168.44. The firm has a market capitalization of $15.40 billion, a price-to-earnings ratio of 32.14, a price-to-earnings-growth ratio of 1.87 and a beta of 0.83. The stock’s fifty day moving average is $152.83 and its two-hundred day moving average is $141.78. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.08. The business had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.14 billion. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.The business’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.37 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Analysts predict that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd will be given a $0.32 dividend. The ex-dividend date is Tuesday, December 2nd. This represents a $1.28 annualized dividend and a dividend yield of 1.0%. Jacobs Solutions’s dividend payout ratio is currently 52.89%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Royal Bank Of Canada dropped their price objective on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday. Robert W. Baird reiterated a “neutral” rating and set a $146.00 price target (down from $161.00) on shares of Jacobs Solutions in a research note on Friday. UBS Group raised their price objective on shares of Jacobs Solutions from $152.00 to $166.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. KeyCorp boosted their target price on Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Bank of America cut their target price on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a research note on Friday. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $155.10.

About Jacobs Solutions

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.