Tidal Investments LLC Lowers Stake in Jacobs Solutions Inc. $J

Tidal Investments LLC lessened its stake in Jacobs Solutions Inc. (NYSE:J) by 15.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 25,873 shares of the company’s stock after selling 4,824 shares during the period. Tidal Investments LLC’s holdings in Jacobs Solutions were worth $3,260,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in J. National Pension Service grew its stake in shares of Jacobs Solutions by 35.7% in the second quarter. National Pension Service now owns 19,720 shares of the company’s stock valued at $2,485,000 after buying an additional 5,187 shares in the last quarter. WINTON GROUP Ltd lifted its stake in Jacobs Solutions by 214.2% during the 2nd quarter. WINTON GROUP Ltd now owns 25,006 shares of the company’s stock worth $3,151,000 after acquiring an additional 17,047 shares in the last quarter. Engineers Gate Manager LP boosted its holdings in Jacobs Solutions by 6.9% during the 2nd quarter. Engineers Gate Manager LP now owns 4,897 shares of the company’s stock valued at $617,000 after acquiring an additional 317 shares during the period. IFP Advisors Inc boosted its holdings in Jacobs Solutions by 56.0% during the 2nd quarter. IFP Advisors Inc now owns 4,937 shares of the company’s stock valued at $622,000 after acquiring an additional 1,772 shares during the period. Finally, Beacon Investment Advisory Services Inc. boosted its holdings in Jacobs Solutions by 11.9% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 5,370 shares of the company’s stock valued at $677,000 after acquiring an additional 571 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Trading Up 1.5%

NYSE J opened at $144.00 on Tuesday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29. The firm’s fifty day moving average price is $140.50 and its 200 day moving average price is $130.71. The company has a market capitalization of $17.00 billion, a price-to-earnings ratio of 51.06, a price-to-earnings-growth ratio of 2.06 and a beta of 0.70. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44.

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

Jacobs Solutions Dividend Announcement

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

Analysts Set New Price Targets

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

Insider Activity at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of the company’s stock in a transaction on 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 completion of the sale, the president owned 67,356 shares in the company, valued at $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 available through the SEC website. 0.48% of the stock is owned by insiders.

Jacobs Solutions Profile

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.