Clayton Partners LLC Has $3.22 Million Holdings in Jacobs Solutions Inc. $J

Key Points

• Clayton Partners LLC reduced its holdings in Jacobs Solutions Inc. by 11.6%, now owning 26,671 shares, which represent 2.8% of their portfolio.
• Jacobs Solutions reported a net margin of 4.16% and a revenue of $3.03 billion in its latest quarterly earnings, though revenue decreased by 28.4% from the previous year.
• The stock has received multiple buy ratings from analysts, with price targets ranging from $141.00 to $166.00, indicating positive sentiment about future growth.

Clayton Partners LLC reduced its position in shares of Jacobs Solutions Inc. (NYSE:J - Free Report) by 11.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,671 shares of the company's stock after selling 3,496 shares during the quarter. Jacobs Solutions accounts for 2.8% of Clayton Partners LLC's investment portfolio, making the stock its 18th biggest holding. Clayton Partners LLC's holdings in Jacobs Solutions were worth $3,224,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Colonial Trust Co SC grew its holdings in shares of Jacobs Solutions by 10,250.0% during the 4th quarter. Colonial Trust Co SC now owns 207 shares of the company's stock valued at $28,000 after acquiring an additional 205 shares in the last quarter. Rossby Financial LCC bought a new stake in Jacobs Solutions in the first quarter worth $33,000. Whipplewood Advisors LLC boosted its holdings in Jacobs Solutions by 1,685.7% in the first quarter. Whipplewood Advisors LLC now owns 375 shares of the company's stock worth $45,000 after purchasing an additional 354 shares in the last quarter. Colonial Trust Advisors bought a new stake in Jacobs Solutions in the first quarter worth $51,000. Finally, Catalyst Capital Advisors LLC boosted its holdings in Jacobs Solutions by 45.2% in the first quarter. Catalyst Capital Advisors LLC now owns 527 shares of the company's stock worth $64,000 after purchasing an additional 164 shares in the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on J. Wall Street Zen raised shares of Jacobs Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. UBS Group upped their price target on shares of Jacobs Solutions from $152.00 to $166.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Truist Financial upped their price target on shares of Jacobs Solutions from $130.00 to $141.00 and gave the company a "hold" rating in a report on Monday, May 12th. KeyCorp upped their price target on shares of Jacobs Solutions from $155.00 to $157.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, Citigroup upped their price target on shares of Jacobs Solutions from $147.47 to $166.00 and gave the company a "buy" rating in a report on Monday, July 28th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $155.25.

Jacobs Solutions Price Performance

NYSE J traded down $0.94 on Tuesday, reaching $145.29. The company's stock had a trading volume of 264,847 shares, compared to its average volume of 809,531. The firm has a market cap of $17.37 billion, a PE ratio of 36.23, a price-to-earnings-growth ratio of 1.99 and a beta of 0.79. The business has a 50-day moving average price of $140.86 and a 200 day moving average price of $129.65. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $152.40. 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 posted its earnings results on Tuesday, August 5th. The company reported $1.62 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.06. The business had revenue of $3.03 billion for the quarter, compared to analysts' expectations of $3.09 billion. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The firm's revenue for the quarter was down 28.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.96 earnings per share. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. Sell-side analysts expect that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, August 22nd will be given a $0.32 dividend. The ex-dividend date is Friday, August 22nd. This represents a $1.28 dividend on an annualized basis and a yield of 0.9%. Jacobs Solutions's payout ratio is 31.92%.

Jacobs Solutions Company 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.