United Capital Financial Advisors LLC Buys Shares of 130,096 Jacobs Solutions Inc. $J

United Capital Financial Advisors LLC bought a new position in shares of Jacobs Solutions Inc. (NYSE:J) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 130,096 shares of the company’s stock, valued at approximately $16,392,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Jacobs Solutions in the 2nd quarter valued at $1,372,610,000. Primecap Management Co. CA acquired a new position in Jacobs Solutions in the 2nd quarter worth about $575,291,000. Bank of America Corp DE acquired a new position in Jacobs Solutions in the 2nd quarter worth about $208,318,000. Ameriprise Financial Inc. raised its position in Jacobs Solutions by 828.5% in the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after purchasing an additional 1,184,068 shares during the last quarter. Finally, Focus Partners Wealth boosted 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 valued at $177,324,000 after purchasing an additional 952,151 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $9,705,999.60. This trade represents a 20.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.48% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Weiss Ratings upgraded Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. UBS Group raised their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a report on Monday, August 10th. Citigroup lifted their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada upped their price target on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Truist Financial decreased their price target on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a research report on Thursday, July 2nd. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $153.70.

Jacobs Solutions Stock Down 0.7%

Shares of J opened at $150.41 on Friday. The company has a market capitalization of $17.76 billion, a PE ratio of 53.34, a PEG ratio of 1.46 and a beta of 0.68. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The stock’s 50-day moving average price is $135.41 and its two-hundred day moving average price is $130.11. 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 (NYSE:J) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the prior year, the firm posted $1.62 earnings per share. The business’s quarterly revenue was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, analysts anticipate 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%.

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.