Compass Wealth Management LLC Takes Position in Jacobs Solutions Inc. $J

Compass Wealth Management LLC purchased a new stake in shares of Jacobs Solutions Inc. (NYSE:J) during the 2nd quarter, Holdings Channel reports. The fund purchased 28,179 shares of the company’s stock, valued at approximately $3,551,000.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Jacobs Solutions in the 2nd quarter valued at approximately $1,372,610,000. Ameriprise Financial Inc. grew its stake in shares of Jacobs Solutions by 828.5% during the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after buying an additional 1,184,068 shares during the last quarter. Focus Partners Wealth grew its stake in shares of Jacobs Solutions by 246.3% during the fourth quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock worth $177,324,000 after buying an additional 952,151 shares during the last quarter. Deutsche Bank AG acquired a new position in shares of Jacobs Solutions during the second quarter worth $83,490,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Jacobs Solutions during the second quarter worth $76,688,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction on Friday, August 7th. The shares were sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the transaction, the president owned 67,356 shares of the company’s stock, valued at $9,705,999.60. This trade represents a 20.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Trading Down 0.4%

NYSE J opened at $143.09 on Wednesday. The firm has a market capitalization of $16.90 billion, a PE ratio of 50.74, a price-to-earnings-growth ratio of 1.39 and a beta of 0.68. The business’s 50-day moving average price is $131.79 and its two-hundred day moving average price is $129.60. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44.

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

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s dividend payout ratio is currently 51.06%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. UBS Group upped their target price on Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, August 10th. KeyCorp dropped their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Truist Financial reduced their price target on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. Finally, Royal Bank Of Canada raised their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Jacobs Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $153.70.

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.