Jacobs Solutions Inc. $J Shares Sold by OFI Invest Asset Management

Key Points

• OFI Invest cut its stake in Jacobs Solutions by 91.1% in Q4, selling 31,702 shares and leaving 3,112 shares valued at about $412,000.
• President Shannon Miller sold 1,440 shares at an average price of $134.13 for roughly $193,147, reducing her holding by 5.38% to 25,344 shares; company insiders own about 0.48% of the stock.
• Jacobs set FY2026 EPS guidance at 6.95–7.30, raised its quarterly dividend to $0.36 (annualized $1.44, yield 1.2%), and carries a MarketBeat consensus of a "Moderate Buy" with an average target price of $156.60.

OFI Invest Asset Management reduced its position in Jacobs Solutions Inc. (NYSE:J - Free Report) by 91.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,112 shares of the company's stock after selling 31,702 shares during the period. OFI Invest Asset Management's holdings in Jacobs Solutions were worth $412,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in J. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions during the 3rd quarter worth $27,000. Geneos Wealth Management Inc. increased its holdings in shares of Jacobs Solutions by 65.4% during the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company's stock worth $33,000 after buying an additional 87 shares during the last quarter. Wealth Watch Advisors INC acquired a new stake in shares of Jacobs Solutions during the 3rd quarter worth $33,000. Godsey & Gibb Inc. increased its holdings in shares of Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company's stock worth $33,000 after buying an additional 121 shares during the last quarter. Finally, First Horizon Corp acquired a new stake in shares of Jacobs Solutions during the 3rd quarter worth $34,000. 85.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on J. Zacks Research raised shares of Jacobs Solutions from a "strong sell" rating to a "hold" rating in a research report on Thursday, February 5th. Wells Fargo & Company upped their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the stock an "equal weight" rating in a research report on Friday, January 23rd. Wall Street Zen upgraded shares of Jacobs Solutions from a "buy" rating to a "strong-buy" rating in a report on Saturday, March 7th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Jacobs Solutions in a report on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $156.60.

Insider Activity

In related news, President Shannon Miller sold 1,440 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares in the company, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.48% of the stock is owned by company insiders.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $122.92 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. Jacobs Solutions Inc. has a fifty-two week low of $112.37 and a fifty-two week high of $168.44. The firm has a 50-day simple moving average of $133.66 and a 200 day simple moving average of $140.70. The company has a market cap of $14.44 billion, a PE ratio of 33.68, a P/E/G ratio of 1.31 and a beta of 0.77.

Jacobs Solutions (NYSE:J - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The firm had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter in the prior year, the firm earned $1.33 EPS. Jacobs Solutions's quarterly revenue was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, sell-side analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 20th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. This is a boost from Jacobs Solutions's previous quarterly dividend of $0.32. The ex-dividend date was Friday, February 20th. Jacobs Solutions's payout ratio is 39.45%.

About Jacobs Solutions

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.