Compass Wealth Management LLC Makes New $3.55 Million Investment in Jacobs Solutions Inc. $J

Compass Wealth Management LLC acquired a new stake in shares of Jacobs Solutions Inc. (NYSE:J - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 28,179 shares of the company's stock, valued at approximately $3,551,000.

A number of other large investors have also bought and sold shares of J. Empowered Funds LLC boosted its holdings in shares of Jacobs Solutions by 92.3% in the first quarter. Empowered Funds LLC now owns 6,720 shares of the company's stock valued at $812,000 after buying an additional 3,226 shares during the period. Woodline Partners LP raised its stake in shares of Jacobs Solutions by 38.7% in the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company's stock valued at $1,252,000 after purchasing an additional 2,891 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Jacobs Solutions in the 2nd quarter valued at about $321,000. Baird Financial Group Inc. lifted its holdings in shares of Jacobs Solutions by 1.7% in the second quarter. Baird Financial Group Inc. now owns 15,022 shares of the company's stock valued at $1,975,000 after purchasing an additional 248 shares in the last quarter. Finally, AXA S.A. grew its holdings in shares of Jacobs Solutions by 14.9% during the second quarter. AXA S.A. now owns 19,670 shares of the company's stock worth $2,586,000 after buying an additional 2,556 shares in the last quarter. 85.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on J. Royal Bank Of Canada boosted their target price on Jacobs Solutions from $171.00 to $174.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Citigroup boosted their price objective 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. Wells Fargo & Company reduced their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an "equal weight" rating for the company in a report on Thursday, May 7th. UBS Group boosted their price target on shares of Jacobs Solutions from $156.00 to $167.00 and gave the stock a "buy" rating in a research report on Monday, August 10th. Finally, Truist Financial reduced their price objective on shares of Jacobs Solutions from $150.00 to $149.00 and set a "hold" rating for the company in a research note on Thursday, July 2nd. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $153.70.

Jacobs Solutions Price Performance

Shares of NYSE J opened at $143.09 on Wednesday. The business's 50 day moving average price is $131.79 and its two-hundred day moving average price is $129.60. The company has a market cap of $16.90 billion, a PE ratio of 50.74, a price-to-earnings-growth ratio of 1.39 and a beta of 0.68. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44.

Jacobs Solutions (NYSE:J - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the previous year, the firm posted $1.62 EPS. Jacobs Solutions's revenue was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, analysts predict that Jacobs Solutions Inc. will post 7.26 EPS for the current year.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.36 per share. The ex-dividend date is Friday, August 21st. This represents a $1.44 annualized dividend and a yield of 1.0%. Jacobs Solutions's dividend payout ratio is presently 51.06%.

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of the firm's stock in a transaction on 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 sale, the president owned 67,356 shares of the company's stock, valued at approximately $9,705,999.60. This trade represents a 20.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.48% of the company's stock.

Jacobs Solutions Profile

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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