Jacobs Solutions Inc. $J Shares Sold by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC decreased its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 19.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,630 shares of the company’s stock after selling 391 shares during the period. Frank Rimerman Advisors LLC’s holdings in Jacobs Solutions were worth $214,000 as of its most recent SEC filing.

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

Jacobs Solutions Trading Down 0.2%

NYSE:J opened at $128.87 on Friday. The stock has a fifty day simple moving average of $152.83 and a 200 day simple moving average of $141.78. 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. Jacobs Solutions Inc. has a 1-year low of $106.23 and a 1-year high of $168.44. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65.

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

Jacobs Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 2nd will be paid a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. UBS Group boosted their price objective on Jacobs Solutions from $152.00 to $166.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. KeyCorp lifted their target price on Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Jacobs Solutions in a research report on Wednesday, October 8th. Royal Bank Of Canada cut their price target on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a report on Friday. Finally, Barclays lifted their price objective on shares of Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $155.10.

Jacobs Solutions Company Profile

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.