Stephens Inc. AR Has $6.26 Million Stake in Jacobs Solutions Inc. $J

Stephens Inc. AR trimmed its holdings in Jacobs Solutions Inc. (NYSE:J) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,622 shares of the company’s stock after selling 73 shares during the period. Stephens Inc. AR’s holdings in Jacobs Solutions were worth $6,260,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Fulton Bank N.A. raised its position in shares of Jacobs Solutions by 0.9% in the second quarter. Fulton Bank N.A. now owns 8,570 shares of the company’s stock valued at $1,127,000 after buying an additional 74 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Jacobs Solutions by 8.1% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,036 shares of the company’s stock valued at $136,000 after buying an additional 78 shares in the last quarter. Avidian Wealth Enterprises LLC raised its position in shares of Jacobs Solutions by 4.3% in the first quarter. Avidian Wealth Enterprises LLC now owns 2,111 shares of the company’s stock valued at $255,000 after buying an additional 87 shares in the last quarter. Tlwm raised its position in shares of Jacobs Solutions by 1.7% in the first quarter. Tlwm now owns 6,225 shares of the company’s stock valued at $753,000 after buying an additional 105 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in shares of Jacobs Solutions by 2.6% in the first quarter. Kestra Private Wealth Services LLC now owns 4,220 shares of the company’s stock valued at $510,000 after buying an additional 108 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on J shares. Truist Financial lifted their price target on shares of Jacobs Solutions from $148.00 to $163.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th. Barclays boosted their price objective on shares of Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “hold (c+)” rating on shares of Jacobs Solutions in a research report on Wednesday, October 8th. Finally, Citigroup boosted their price objective on shares of Jacobs Solutions from $169.00 to $185.00 and gave the company a “buy” rating in a research report on Monday. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.00.

Jacobs Solutions Stock Up 1.2%

Shares of NYSE:J opened at $164.52 on Wednesday. The company has a fifty day moving average of $150.01 and a 200-day moving average of $136.32. The company has a market capitalization of $19.67 billion, a PE ratio of 41.03, a price-to-earnings-growth ratio of 1.91 and a beta of 0.81. 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 Inc. has a 52-week low of $106.23 and a 52-week high of $166.22.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.06. The company had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.09 billion. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The company’s revenue for the quarter was down 28.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.96 earnings per share. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. On average, equities analysts predict that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, August 22nd were issued a dividend of $0.32 per share. The ex-dividend date was Friday, August 22nd. This represents a $1.28 annualized dividend and a dividend yield of 0.8%. Jacobs Solutions’s dividend payout ratio is 31.92%.

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.