Westwood Holdings Group Inc. Sells 4,238 Shares of Jacobs Solutions Inc. $J

Westwood Holdings Group Inc. lessened its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 3.0% during the second quarter, HoldingsChannel.com reports. The fund owned 138,435 shares of the company’s stock after selling 4,238 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Jacobs Solutions were worth $18,197,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in J. Benjamin Edwards Inc. boosted its holdings in Jacobs Solutions by 20.8% in the first quarter. Benjamin Edwards Inc. now owns 2,091 shares of the company’s stock worth $253,000 after purchasing an additional 360 shares during the last quarter. Public Sector Pension Investment Board raised its stake in Jacobs Solutions by 5.8% during the 1st quarter. Public Sector Pension Investment Board now owns 16,486 shares of the company’s stock valued at $1,993,000 after buying an additional 900 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Jacobs Solutions by 24.7% during the 1st quarter. HighTower Advisors LLC now owns 58,843 shares of the company’s stock valued at $7,113,000 after buying an additional 11,659 shares during the period. Aberdeen Group plc boosted its stake in shares of Jacobs Solutions by 117.7% in the 1st quarter. Aberdeen Group plc now owns 124,869 shares of the company’s stock worth $15,012,000 after buying an additional 67,504 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Jacobs Solutions by 5.7% in the first quarter. EverSource Wealth Advisors LLC now owns 4,230 shares of the company’s stock worth $511,000 after acquiring an additional 227 shares during the period. 85.65% of the stock is currently owned by institutional investors.

Insider Activity

In other Jacobs Solutions news, Director Peter J. Robertson purchased 1,000 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were bought at an average cost of $134.76 per share, with a total value of $134,760.00. Following the acquisition, the director owned 1,000 shares in the company, valued at approximately $134,760. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Venkatesh Nathamuni purchased 750 shares of the company’s stock in a transaction on Monday, November 24th. The stock was acquired at an average price of $135.11 per share, with a total value of $101,332.50. Following the completion of the purchase, the chief financial officer directly owned 20,785 shares in the company, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 2,513 shares of company stock worth $335,878 over the last ninety days. Corporate insiders own 0.38% of the company’s stock.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $135.66 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.30 and a quick ratio of 1.30. Jacobs Solutions Inc. has a 1-year low of $106.23 and a 1-year high of $168.44. The company has a market capitalization of $16.11 billion, a P/E ratio of 56.06, a P/E/G ratio of 1.47 and a beta of 0.81. The firm’s 50 day simple moving average is $148.94 and its two-hundred day simple moving average is $143.10.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Research analysts expect 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. Shareholders of record on Tuesday, December 2nd will be issued a dividend of $0.32 per share. 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 0.9%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Barclays increased their target price on Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Royal Bank Of Canada lowered 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, November 21st. KeyCorp raised their price objective on shares of Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a report on Wednesday. Finally, The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a research note on Monday, November 24th. They set a “buy” rating and a $158.00 price target on the stock. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Jacobs Solutions has an average rating of “Moderate Buy” and an average target price of $155.90.

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.