Jacobs Solutions Inc. $J Shares Sold by Intrinsic Value Partners LLC

Intrinsic Value Partners LLC lessened its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 3.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,203 shares of the company’s stock after selling 625 shares during the quarter. Jacobs Solutions accounts for about 1.8% of Intrinsic Value Partners LLC’s investment portfolio, making the stock its 16th largest holding. Intrinsic Value Partners LLC’s holdings in Jacobs Solutions were worth $1,998,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of J. Ninety One UK Ltd increased its position in Jacobs Solutions by 17.1% during the 2nd quarter. Ninety One UK Ltd now owns 2,549,219 shares of the company’s stock worth $335,095,000 after purchasing an additional 372,275 shares in the last quarter. Nuveen LLC acquired a new stake in Jacobs Solutions during the 1st quarter worth approximately $43,251,000. Vontobel Holding Ltd. increased its position in Jacobs Solutions by 639.3% during the 1st quarter. Vontobel Holding Ltd. now owns 342,251 shares of the company’s stock worth $41,375,000 after purchasing an additional 295,957 shares in the last quarter. SG Americas Securities LLC increased its position in Jacobs Solutions by 1,098.2% during the 1st quarter. SG Americas Securities LLC now owns 226,816 shares of the company’s stock worth $27,420,000 after purchasing an additional 207,886 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its position in Jacobs Solutions by 203.3% during the 1st quarter. Teacher Retirement System of Texas now owns 227,518 shares of the company’s stock worth $27,505,000 after purchasing an additional 152,494 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analyst Ratings Changes

J has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 30th. KeyCorp increased their price objective on shares of Jacobs Solutions from $155.00 to $157.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Citigroup increased their price objective on shares of Jacobs Solutions from $147.47 to $166.00 and gave the company a “buy” rating in a research report on Monday, July 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Jacobs Solutions in a research report on Saturday, September 27th. Finally, UBS Group increased their price objective on shares of Jacobs Solutions from $152.00 to $166.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions has an average rating of “Moderate Buy” and a consensus price target of $154.57.

Jacobs Solutions Stock Performance

Jacobs Solutions stock opened at $154.81 on Friday. The stock has a market cap of $18.51 billion, a P/E ratio of 38.61, a price-to-earnings-growth ratio of 1.81 and a beta of 0.81. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The stock has a 50 day moving average of $146.98 and a 200-day moving average of $133.28. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $155.90.

Jacobs Solutions (NYSE:J) last released its earnings results on Tuesday, August 5th. The company reported $1.62 EPS for the quarter, beating the consensus estimate of $1.56 by $0.06. The company had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.The business’s revenue was down 28.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.96 EPS. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. On average, analysts expect that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, August 22nd were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, August 22nd. Jacobs Solutions’s dividend payout ratio is 31.92%.

Jacobs Solutions Company Profile

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.