Stephens Inc. AR Has $6.26 Million Stake in Jacobs Solutions Inc. $J

Stephens Inc. AR trimmed its stake in Jacobs Solutions Inc. (NYSE:J) by 0.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,622 shares of the company’s stock after selling 73 shares during the period. Stephens Inc. AR’s holdings in Jacobs Solutions were worth $6,260,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ninety One UK Ltd increased its holdings in Jacobs Solutions by 17.1% in the second quarter. Ninety One UK Ltd now owns 2,549,219 shares of the company’s stock valued at $335,095,000 after purchasing an additional 372,275 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in Jacobs Solutions by 1.3% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,458,958 shares of the company’s stock valued at $326,181,000 after purchasing an additional 32,043 shares during the period. Invesco Ltd. increased its holdings in Jacobs Solutions by 5.3% in the first quarter. Invesco Ltd. now owns 2,147,078 shares of the company’s stock valued at $259,560,000 after purchasing an additional 108,366 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Jacobs Solutions by 0.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 782,819 shares of the company’s stock valued at $94,635,000 after purchasing an additional 4,931 shares during the period. Finally, AQR Capital Management LLC increased its holdings in Jacobs Solutions by 0.4% in the first quarter. AQR Capital Management LLC now owns 763,552 shares of the company’s stock valued at $91,687,000 after purchasing an additional 3,250 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

J has been the subject of a number of recent research reports. Barclays increased their price objective on Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Jacobs Solutions in a research report on Wednesday, October 8th. KeyCorp increased their price target on Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday. Citigroup increased their price target on Jacobs Solutions from $169.00 to $185.00 and gave the stock a “buy” rating in a report on Monday. Finally, Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $162.00.

Jacobs Solutions Stock Performance

Shares of Jacobs Solutions stock opened at $164.52 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The business has a 50-day moving average price of $150.01 and a two-hundred day moving average price of $136.32. Jacobs Solutions Inc. has a 1-year low of $106.23 and a 1-year high of $166.22. The company has a market cap of $19.67 billion, a P/E ratio of 41.03, a PEG ratio of 1.91 and a beta of 0.81.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data on Tuesday, August 5th. The company reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. The company had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $3.09 billion. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The business’s revenue was down 28.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.96 EPS. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. As a group, analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, August 22nd were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, August 22nd. Jacobs Solutions’s dividend payout ratio is 31.92%.

Jacobs Solutions Profile

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.