Janney Montgomery Scott LLC Sells 5,066 Shares of Jacobs Solutions Inc. $J

Janney Montgomery Scott LLC reduced its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 4.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,558 shares of the company’s stock after selling 5,066 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.09% of Jacobs Solutions worth $12,799,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in shares of Jacobs Solutions during the 3rd quarter valued at about $27,000. Princeton Global Asset Management LLC bought a new position in Jacobs Solutions in the fourth quarter worth about $30,000. Central Pacific Bank Trust Division purchased a new stake in Jacobs Solutions in the fourth quarter worth about $31,000. Wealth Watch Advisors INC purchased a new stake in Jacobs Solutions in the third quarter worth about $33,000. Finally, International Assets Investment Management LLC bought a new stake in Jacobs Solutions during the 4th quarter valued at approximately $38,000. 85.65% of the stock is currently owned by institutional investors.

Jacobs Solutions Price Performance

J opened at $124.83 on Thursday. The firm has a market cap of $14.74 billion, a PE ratio of 38.77, a P/E/G ratio of 1.22 and a beta of 0.69. The stock has a 50-day moving average price of $121.47 and a 200-day moving average price of $129.83. Jacobs Solutions Inc. has a 1 year low of $105.68 and a 1 year high of $168.44. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.64 by $0.11. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. Jacobs Solutions’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Sell-side analysts predict that Jacobs Solutions Inc. will post 7.23 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 22nd were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. Jacobs Solutions’s dividend payout ratio (DPR) is 44.72%.

Insider Buying and Selling

In other news, CEO Robert V. Pragada acquired 3,601 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the acquisition, the chief executive officer directly owned 333,755 shares in the company, valued at approximately $37,076,842.95. The trade was a 1.09% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Manuel J. Fernandez acquired 403 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average cost of $121.93 per share, for a total transaction of $49,137.79. Following the completion of the transaction, the director directly owned 12,251 shares in the company, valued at $1,493,764.43. This represents a 3.40% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders purchased 4,257 shares of company stock valued at $477,651. 0.48% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have weighed in on J. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings cut Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Wells Fargo & Company dropped their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. Robert W. Baird reduced their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Finally, Citigroup increased their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Six equities research 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $153.40.

About Jacobs Solutions

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.