Wilmington Savings Fund Society FSB Has $3.05 Million Stock Holdings in Jacobs Solutions Inc. $J

Wilmington Savings Fund Society FSB reduced its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 16.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 20,322 shares of the company’s stock after selling 4,079 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Jacobs Solutions were worth $3,045,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC boosted its position in Jacobs Solutions by 103.3% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in Jacobs Solutions during the third quarter worth $27,000. Godsey & Gibb Inc. increased its holdings in shares of Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after purchasing an additional 121 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Jacobs Solutions by 65.4% during the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after buying an additional 87 shares during the last quarter. Finally, Wealth Watch Advisors INC acquired a new stake in shares of Jacobs Solutions during the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Down 2.0%

J stock opened at $127.82 on Thursday. The stock has a market capitalization of $15.01 billion, a P/E ratio of 35.02, a price-to-earnings-growth ratio of 1.35 and a beta of 0.78. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72. The firm has a 50-day moving average price of $137.24 and a 200-day moving average price of $142.88. Jacobs Solutions Inc. has a 12 month low of $106.23 and a 12 month high of $168.44.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the prior year, the firm earned $1.33 EPS. The firm’s revenue was up 12.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, equities research analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.36 per share. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio (DPR) is currently 39.45%.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Citigroup decreased their price target on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Bank of America reduced their price objective on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Wells Fargo & Company upped their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $156.60.

Insider Activity at Jacobs Solutions

In related news, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the transaction, the president directly owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This represents a 5.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.48% of the stock is currently owned by corporate insiders.

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.