California State Teachers Retirement System Lowers Stock Holdings in Jacobs Solutions Inc. $J

California State Teachers Retirement System reduced its position in shares of Jacobs Solutions Inc. (NYSE:J) by 2.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 226,401 shares of the company’s stock after selling 5,377 shares during the period. California State Teachers Retirement System owned about 0.19% of Jacobs Solutions worth $28,816,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in Jacobs Solutions during the 3rd quarter worth about $27,000. Princeton Global Asset Management LLC acquired a new position in Jacobs Solutions in the 4th quarter valued at about $30,000. Wealth Watch Advisors INC acquired a new position in Jacobs Solutions in the 3rd quarter valued at about $33,000. International Assets Investment Management LLC purchased a new stake in Jacobs Solutions during the fourth quarter worth about $38,000. Finally, Torren Management LLC purchased a new stake in Jacobs Solutions during the fourth quarter worth about $41,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on J shares. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Royal Bank Of Canada lifted their price objective on shares of Jacobs Solutions from $169.00 to $171.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Robert W. Baird cut their target price on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Truist Financial reduced their target price on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. Finally, Wells Fargo & Company decreased their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. 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, Jacobs Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $153.30.

Jacobs Solutions Stock Performance

Shares of J opened at $135.18 on Friday. The stock has a 50-day simple moving average of $126.06 and a 200-day simple moving average of $129.19. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a market capitalization of $15.96 billion, a PE ratio of 41.98, a PEG ratio of 1.29 and a beta of 0.69. Jacobs Solutions Inc. has a 1 year low of $105.68 and a 1 year high of $168.44.

Jacobs Solutions (NYSE:J) last released its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts predict that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be given a $0.36 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

Insider Buying and Selling

In other news, Director Manuel J. Fernandez acquired 253 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $112.56 per share, with a total value of $28,477.68. Following the transaction, the director owned 12,504 shares in the company, valued at approximately $1,407,450.24. This trade represents a 2.07% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Robert V. Pragada bought 3,601 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of $111.09 per share, with a total value of $400,035.09. Following the purchase, the chief executive officer owned 333,755 shares of the company’s stock, valued at approximately $37,076,842.95. This represents a 1.09% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders acquired 4,257 shares of company stock worth $477,651. Insiders own 0.48% of the company’s stock.

About Jacobs Solutions

Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.