Toth Financial Advisory Corp Purchases 896 Shares of Jacobs Solutions Inc. (NYSE:J)

Toth Financial Advisory Corp raised its position in Jacobs Solutions Inc. (NYSE:J) by 1.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,964 shares of the company’s stock after acquiring an additional 896 shares during the period. Toth Financial Advisory Corp’s holdings in Jacobs Solutions were worth $6,676,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Exchange Traded Concepts LLC boosted its position in shares of Jacobs Solutions by 157.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 17,299 shares of the company’s stock valued at $2,311,000 after acquiring an additional 10,592 shares in the last quarter. Sound Income Strategies LLC increased its holdings in Jacobs Solutions by 16.8% during the 4th quarter. Sound Income Strategies LLC now owns 988 shares of the company’s stock valued at $132,000 after purchasing an additional 142 shares in the last quarter. Montecito Bank & Trust increased its stake in shares of Jacobs Solutions by 17.0% in the fourth quarter. Montecito Bank & Trust now owns 1,926 shares of the company’s stock valued at $257,000 after buying an additional 280 shares in the last quarter. Cerro Pacific Wealth Advisors LLC bought a new position in shares of Jacobs Solutions in the fourth quarter worth about $211,000. Finally, Dakota Wealth Management raised its position in Jacobs Solutions by 5.4% in the 4th quarter. Dakota Wealth Management now owns 2,421 shares of the company’s stock worth $323,000 after purchasing an additional 125 shares during the last quarter. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Stock Down 0.5 %

J stock opened at $140.82 on Friday. Jacobs Solutions Inc. has a 1-year low of $110.95 and a 1-year high of $150.54. The business’s 50 day simple moving average is $136.53 and its 200 day simple moving average is $141.57. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $17.46 billion, a PE ratio of 22.25, a PEG ratio of 2.14 and a beta of 0.72.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, November 19th. The company reported $1.37 EPS for the quarter, missing the consensus estimate of $2.08 by ($0.71). The company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $4.50 billion. Jacobs Solutions had a return on equity of 14.82% and a net margin of 5.16%. The business’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.90 EPS. As a group, research analysts anticipate that Jacobs Solutions Inc. will post 6.06 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on J shares. Robert W. Baird increased their price target on Jacobs Solutions from $147.00 to $149.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $150.00 price target on shares of Jacobs Solutions in a research note on Tuesday, December 10th. StockNews.com initiated coverage on Jacobs Solutions in a report on Wednesday, December 4th. They set a “hold” rating for the company. Benchmark lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Finally, Citigroup decreased their price objective on Jacobs Solutions from $166.00 to $161.00 and set a “buy” rating for the company in a report on Wednesday, November 20th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Jacobs Solutions currently has an average rating of “Moderate Buy” and an average target price of $156.11.

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.