Toth Financial Advisory Corp Has $6.79 Million Stock Holdings in Jacobs Solutions Inc. (NYSE:J)

Toth Financial Advisory Corp increased its position in shares of Jacobs Solutions Inc. (NYSE:J) by 12.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,196 shares of the company’s stock after acquiring an additional 4,792 shares during the quarter. Toth Financial Advisory Corp’s holdings in Jacobs Solutions were worth $6,794,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in J. Capital World Investors boosted its holdings in Jacobs Solutions by 0.8% during the fourth quarter. Capital World Investors now owns 6,398,776 shares of the company’s stock worth $830,561,000 after buying an additional 49,545 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Jacobs Solutions by 0.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,446,374 shares of the company’s stock worth $447,339,000 after buying an additional 14,821 shares during the last quarter. Boston Partners boosted its holdings in Jacobs Solutions by 268.4% during the fourth quarter. Boston Partners now owns 2,891,429 shares of the company’s stock worth $375,623,000 after buying an additional 2,106,589 shares during the last quarter. Ninety One UK Ltd boosted its holdings in Jacobs Solutions by 5.9% during the fourth quarter. Ninety One UK Ltd now owns 2,044,031 shares of the company’s stock worth $265,315,000 after buying an additional 114,076 shares during the last quarter. Finally, Third Point LLC boosted its holdings in Jacobs Solutions by 32.8% during the third quarter. Third Point LLC now owns 1,800,000 shares of the company’s stock worth $245,700,000 after buying an additional 445,018 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Up 0.2 %

Jacobs Solutions stock traded up $0.26 during midday trading on Friday, reaching $139.71. The stock had a trading volume of 1,305,354 shares, compared to its average volume of 704,744. The firm’s fifty day simple moving average is $140.39 and its 200-day simple moving average is $140.43. Jacobs Solutions Inc. has a 1-year low of $116.00 and a 1-year high of $154.50. The stock has a market capitalization of $17.49 billion, a P/E ratio of 26.97, a price-to-earnings-growth ratio of 1.61 and a beta of 0.73. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.17 and a current ratio of 1.17.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, May 7th. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.07. Jacobs Solutions had a return on equity of 14.59% and a net margin of 3.83%. The business had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.33 billion. During the same quarter last year, the firm earned $1.81 EPS. Jacobs Solutions’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, analysts expect that Jacobs Solutions Inc. will post 7.98 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, May 24th were given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date was Thursday, May 23rd. Jacobs Solutions’s dividend payout ratio is presently 22.39%.

Insider Activity at Jacobs Solutions

In other Jacobs Solutions news, CFO Kevin C. Berryman sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $153.20, for a total transaction of $229,800.00. Following the transaction, the chief financial officer now owns 233,104 shares of the company’s stock, valued at approximately $35,711,532.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Jacobs Solutions news, insider Steven J. Demetriou sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $139.43, for a total transaction of $976,010.00. Following the transaction, the insider now owns 541,138 shares of the company’s stock, valued at approximately $75,450,871.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kevin C. Berryman sold 1,500 shares of Jacobs Solutions stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $153.20, for a total value of $229,800.00. Following the transaction, the chief financial officer now owns 233,104 shares of the company’s stock, valued at $35,711,532.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 24,000 shares of company stock valued at $3,503,195. 1.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

J has been the topic of a number of recent analyst reports. Truist Financial reduced their target price on Jacobs Solutions from $154.00 to $153.00 and set a “hold” rating on the stock in a report on Wednesday, May 8th. StockNews.com cut Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 22nd. William Blair cut Jacobs Solutions from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 8th. Argus lifted their price objective on Jacobs Solutions from $161.00 to $174.00 and gave the company a “buy” rating in a report on Thursday, March 14th. Finally, Citigroup lifted their price objective on Jacobs Solutions from $161.00 to $169.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $156.82.

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.