Professional Advisory Services Inc. Makes New Investment in Jacobs Solutions Inc. $J

Professional Advisory Services Inc. acquired a new position in Jacobs Solutions Inc. (NYSE:J) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 171,311 shares of the company’s stock, valued at approximately $25,673,000. Jacobs Solutions makes up 3.3% of Professional Advisory Services Inc.’s investment portfolio, making the stock its 7th biggest holding. Professional Advisory Services Inc. owned 0.14% of Jacobs Solutions at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of J. Cary Street Partners Investment Advisory LLC boosted its stake in Jacobs Solutions by 103.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after buying an additional 95 shares in the last quarter. Godsey & Gibb Inc. raised its stake in shares of Jacobs Solutions by 121.0% during the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after acquiring an additional 121 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Jacobs Solutions by 65.4% in the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after acquiring an additional 87 shares during the last quarter. First Horizon Corp bought a new stake in shares of Jacobs Solutions in the 3rd quarter worth approximately $34,000. Finally, Costello Asset Management INC purchased a new stake in shares of Jacobs Solutions in the 2nd quarter valued at $43,000. 85.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Jacobs Solutions

In related news, Director Manuel J. Fernandez acquired 763 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was acquired at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the acquisition, the director owned 10,380 shares of the company’s stock, valued at $1,357,496.40. This trade represents a 7.93% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Venkatesh Nathamuni bought 750 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was bought at an average cost of $135.11 per share, with a total value of $101,332.50. Following the completion of the transaction, the chief financial officer owned 20,785 shares in the company, valued at approximately $2,808,261.35. This trade represents a 3.74% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 2,513 shares of company stock valued at $335,878. 0.48% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on J shares. Royal Bank Of Canada decreased their target price on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, November 21st. Robert W. Baird restated a “neutral” rating and set a $146.00 price target (down from $161.00) on shares of Jacobs Solutions in a research report on Friday, November 21st. Wells Fargo & Company decreased their price objective on Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Finally, Truist Financial dropped their target price on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. Six 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 stock currently has an average rating of “Moderate Buy” and an average price target of $155.90.

Jacobs Solutions Stock Down 1.1%

Shares of NYSE:J opened at $139.98 on Tuesday. Jacobs Solutions Inc. has a 1 year low of $106.23 and a 1 year high of $168.44. The company has a market cap of $16.53 billion, a PE ratio of 57.84, a P/E/G ratio of 1.53 and a beta of 0.81. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.30 and a quick ratio of 1.30. The stock’s 50-day moving average is $138.29 and its 200 day moving average is $144.63.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.08. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The business’s revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the business posted $1.37 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Sell-side analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 2nd were issued a $0.32 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $1.28 annualized dividend and a yield of 0.9%. Jacobs Solutions’s payout ratio is 52.89%.

Jacobs Solutions Profile

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.