OneDigital Investment Advisors LLC Buys Shares of 55,282 Jacobs Solutions Inc. $J

by · The Cerbat Gem

OneDigital Investment Advisors LLC bought a new stake in shares of Jacobs Solutions Inc. (NYSE:J – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund bought 55,282 shares of the company’s stock, valued at approximately $6,966,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC purchased a new position in shares of Jacobs Solutions during the 3rd quarter worth approximately $27,000. Wealth Watch Advisors INC purchased a new stake in Jacobs Solutions in the 3rd quarter valued at approximately $33,000. International Assets Investment Management LLC acquired a new stake in Jacobs Solutions during the 4th quarter valued at $38,000. Torren Management LLC acquired a new stake in Jacobs Solutions during the 4th quarter valued at $41,000. Finally, Laurel Wealth Advisors LLC purchased a new position in Jacobs Solutions during the fourth quarter worth $46,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analysts Set New Price Targets

J has been the subject of a number of analyst reports. UBS Group boosted their price target on Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Jacobs Solutions in a research report on Monday, August 3rd. Royal Bank Of Canada boosted their target price on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Citigroup upped their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Wells Fargo & Company decreased their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $153.70.

Get Our Latest Stock Report on Jacobs Solutions

Insider Transactions at Jacobs Solutions

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

Jacobs Solutions Trading Up 0.0%

Shares of J opened at $144.67 on Monday. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. The company has a market capitalization of $17.08 billion, a PE ratio of 51.30, a price-to-earnings-growth ratio of 1.39 and a beta of 0.68. The stock has a fifty day moving average of $130.97 and a two-hundred day moving average of $129.50. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29.

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

Jacobs Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be paid a $0.36 dividend. 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 (DPR) is presently 51.06%.

Jacobs Solutions Company Profile

(Free Report)

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.

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