Johnson Financial Group Inc. Buys New Stake in Jacobs Solutions Inc. $J

Johnson Financial Group Inc. bought a new stake in Jacobs Solutions Inc. (NYSE:J) during the second quarter, HoldingsChannel reports. The institutional investor bought 4,380 shares of the company’s stock, valued at approximately $552,000.

A number of other large investors also recently added to or reduced their stakes in J. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions in the third quarter valued at $27,000. Wealth Watch Advisors INC purchased a new stake in shares of Jacobs Solutions in the 3rd quarter valued at $33,000. International Assets Investment Management LLC acquired a new position in Jacobs Solutions during the 4th quarter worth about $38,000. Torren Management LLC purchased a new position in Jacobs Solutions during the 4th quarter valued at about $41,000. Finally, Laurel Wealth Advisors LLC purchased a new position in Jacobs Solutions during the 4th quarter valued at about $46,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

J has been the subject of several research reports. Royal Bank Of Canada lifted their target price on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Wells Fargo & Company dropped their price objective on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Truist Financial cut their target price on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research note on Thursday, July 2nd. Finally, Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $153.70.

Insider Transactions at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the completion of the transaction, the president owned 67,356 shares in the company, valued at $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.48% of the stock is owned by corporate insiders.

Jacobs Solutions Price Performance

Shares of NYSE J opened at $147.56 on Thursday. The stock’s 50-day moving average is $132.30 and its two-hundred day moving average is $129.68. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44. The company has a market cap of $17.42 billion, a price-to-earnings ratio of 52.33, a price-to-earnings-growth ratio of 1.38 and a beta of 0.68.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.01. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.Jacobs Solutions’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Analysts forecast that Jacobs Solutions Inc. will post 7.26 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 21st will be issued a $0.36 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 annualized dividend and a yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is 51.06%.

Jacobs Solutions Company 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.