Sivia Capital Partners LLC Acquires Shares of 2,444 Jacobs Solutions Inc. $J

Sivia Capital Partners LLC acquired a new stake in shares of Jacobs Solutions Inc. (NYSE:J) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,444 shares of the company’s stock, valued at approximately $321,000.

A number of other hedge funds have also bought and sold shares of J. Rossby Financial LCC bought a new position in shares of Jacobs Solutions in the first quarter worth about $33,000. Whipplewood Advisors LLC grew its holdings in shares of Jacobs Solutions by 1,685.7% in the first quarter. Whipplewood Advisors LLC now owns 375 shares of the company’s stock worth $45,000 after purchasing an additional 354 shares during the last quarter. Ransom Advisory Ltd bought a new position in shares of Jacobs Solutions in the second quarter worth about $53,000. Colonial Trust Advisors bought a new position in shares of Jacobs Solutions in the first quarter worth about $51,000. Finally, Catalyst Capital Advisors LLC grew its holdings in shares of Jacobs Solutions by 45.2% in the first quarter. Catalyst Capital Advisors LLC now owns 527 shares of the company’s stock worth $64,000 after purchasing an additional 164 shares during the last quarter. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Stock Performance

Shares of Jacobs Solutions stock opened at $149.70 on Friday. The firm has a market capitalization of $17.89 billion, a P/E ratio of 37.33, a PEG ratio of 2.00 and a beta of 0.79. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average price of $144.49 and a 200 day moving average price of $131.21. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $152.40.

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

Jacobs Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, August 22nd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 0.9%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 31.92%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. KeyCorp upped their price target on shares of Jacobs Solutions from $155.00 to $157.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. UBS Group increased their target price 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. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 30th. Finally, Citigroup increased their target price on shares of Jacobs Solutions from $147.47 to $166.00 and gave the stock a “buy” rating in a report on Monday, July 28th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $155.25.

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.