Strategic Blueprint LLC Has $386,000 Holdings in Jacobs Solutions Inc. $J

Strategic Blueprint LLC lessened its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 18.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,939 shares of the company’s stock after selling 645 shares during the quarter. Strategic Blueprint LLC’s holdings in Jacobs Solutions were worth $386,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Forum Financial Management LP boosted its holdings in shares of Jacobs Solutions by 6.0% during the second quarter. Forum Financial Management LP now owns 3,123 shares of the company’s stock worth $411,000 after acquiring an additional 176 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of Jacobs Solutions by 1.6% during the second quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock worth $584,000 after acquiring an additional 71 shares during the period. Cullen Frost Bankers Inc. boosted its holdings in shares of Jacobs Solutions by 4.7% during the second quarter. Cullen Frost Bankers Inc. now owns 92,371 shares of the company’s stock worth $12,142,000 after acquiring an additional 4,165 shares during the period. Fiduciary Family Office LLC bought a new stake in shares of Jacobs Solutions during the second quarter worth approximately $210,000. Finally, Journey Advisory Group LLC boosted its holdings in shares of Jacobs Solutions by 366.7% during the second quarter. Journey Advisory Group LLC now owns 33,137 shares of the company’s stock worth $4,356,000 after acquiring an additional 26,037 shares during the period. Institutional investors own 85.65% of the company’s stock.

Analyst Ratings Changes

J has been the subject of a number of research analyst reports. UBS Group boosted their price objective on Jacobs Solutions from $152.00 to $166.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Citigroup boosted their price objective on Jacobs Solutions from $169.00 to $185.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. Barclays boosted their price target on Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Jacobs Solutions in a research note on Saturday. Six analysts have rated the stock with a Buy rating and four 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 an average target price of $162.00.

Jacobs Solutions Price Performance

Shares of J stock opened at $159.43 on Monday. 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 Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The company has a market cap of $19.06 billion, a P/E ratio of 39.76, a P/E/G ratio of 1.88 and a beta of 0.81. The business has a fifty day simple moving average of $150.59 and a 200 day simple moving average of $137.47.

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

Jacobs Solutions Dividend Announcement

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

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.