Laurel Wealth Advisors LLC Has $864,000 Stock Holdings in Jacobs Solutions Inc. $J

Laurel Wealth Advisors LLC grew its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 13,046.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,573 shares of the company’s stock after buying an additional 6,523 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Jacobs Solutions were worth $864,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in J. D.A. Davidson & CO. boosted its stake in Jacobs Solutions by 1.6% during the 2nd quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock valued at $584,000 after purchasing an additional 71 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Jacobs Solutions by 3.8% in the second quarter. Huntington National Bank now owns 2,010 shares of the company’s stock valued at $264,000 after purchasing an additional 73 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of Jacobs Solutions by 0.9% during the second quarter. Fulton Bank N.A. now owns 8,570 shares of the company’s stock valued at $1,127,000 after buying an additional 74 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Jacobs Solutions by 8.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,036 shares of the company’s stock worth $136,000 after buying an additional 78 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in Jacobs Solutions by 0.3% during the second quarter. Nisa Investment Advisors LLC now owns 32,724 shares of the company’s stock worth $4,302,000 after buying an additional 98 shares in the last quarter. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Stock Down 0.6%

J opened at $134.99 on Friday. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The company’s 50-day moving average price is $151.51 and its two-hundred day moving average price is $142.20. The stock has a market cap of $16.03 billion, a price-to-earnings ratio of 33.66, a PEG ratio of 1.87 and a beta of 0.83. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter in the previous year, the firm posted $1.37 EPS. Jacobs Solutions’s revenue was up 6.6% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. As a group, equities analysts expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd will be paid a dividend of $0.32 per share. The ex-dividend date is Tuesday, December 2nd. This represents a $1.28 annualized dividend and a dividend yield of 0.9%. Jacobs Solutions’s dividend payout ratio is presently 52.89%.

Insider Buying and Selling

In other news, Director Peter J. Robertson acquired 1,000 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average cost of $134.76 per share, for a total transaction of $134,760.00. Following the purchase, the director owned 1,000 shares of the company’s stock, valued at approximately $134,760. The trade was a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Manuel J. Fernandez bought 763 shares of the business’s stock in a transaction on Monday, November 24th. The shares were acquired at an average price of $130.78 per share, with a total value of $99,785.14. Following the transaction, the director directly owned 10,380 shares of the company’s stock, valued at approximately $1,357,496.40. This trade represents a 7.93% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders bought 2,513 shares of company stock valued at $335,878. 0.38% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on J shares. Wells Fargo & Company cut their price objective on shares of Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. UBS Group boosted their price target on shares of Jacobs Solutions from $152.00 to $166.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Barclays upped their price objective on shares of Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. KeyCorp lifted their target price on shares of Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Citigroup reduced their target price on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a report on Friday, November 21st. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $155.90.

About Jacobs Solutions

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.