Fiduciary Family Office LLC Invests $210,000 in Jacobs Solutions Inc. $J

Key Points

• Fiduciary Family Office LLC invested $210,000 in Jacobs Solutions Inc., acquiring 1,597 shares during the second quarter.
• Jacobs Solutions reported a net margin of 4.16% and a revenue of $3.03 billion for the quarter ending August 5th, though this was down 28.4% compared to the same period last year.
• The stock has an average rating of "Moderate Buy" from analysts, with a consensus price target of $162.00 following multiple upgrades from different financial institutions.

Fiduciary Family Office LLC acquired a new position in shares of Jacobs Solutions Inc. (NYSE:J - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,597 shares of the company's stock, valued at approximately $210,000.

Several other institutional investors have also recently modified their holdings of J. Rossby Financial LCC acquired a new position in shares of Jacobs Solutions during the 1st quarter worth approximately $33,000. Costello Asset Management INC acquired a new position in shares of Jacobs Solutions during the 2nd quarter worth approximately $43,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Jacobs Solutions during the 2nd quarter worth approximately $44,000. Colonial Trust Advisors acquired a new position in shares of Jacobs Solutions during the 1st quarter worth approximately $51,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Jacobs Solutions during the 2nd quarter worth approximately $53,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $164.52 on Wednesday. The firm's 50 day moving average is $150.01 and its two-hundred day moving average is $136.32. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $166.22. The firm has a market capitalization of $19.67 billion, a P/E ratio of 41.03, a PEG ratio of 1.91 and a beta of 0.81. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65.

Jacobs Solutions (NYSE:J - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $1.62 EPS for the quarter, beating the consensus estimate of $1.56 by $0.06. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the business earned $1.96 earnings per share. Jacobs Solutions's revenue was down 28.4% compared to the same quarter last year. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. Analysts anticipate that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Friday, August 22nd were paid 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 was Friday, August 22nd. Jacobs Solutions's dividend payout ratio (DPR) is currently 31.92%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on J shares. UBS Group lifted their price objective on Jacobs Solutions from $152.00 to $166.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Truist Financial lifted their price objective on Jacobs Solutions from $148.00 to $163.00 and gave the stock a "hold" rating in a research report on Wednesday, October 8th. KeyCorp boosted their price target on Jacobs Solutions from $157.00 to $170.00 and gave the company an "overweight" rating in a report on Monday. Citigroup boosted their price target on Jacobs Solutions from $169.00 to $185.00 and gave the company a "buy" rating in a report on Monday. Finally, Barclays boosted their price target on Jacobs Solutions from $150.00 to $160.00 and gave the company an "overweight" rating in a report on Monday. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $162.00.

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.

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