Toth Financial Advisory Corp Has $6.68 Million Holdings in Jacobs Solutions Inc. (NYSE:J)

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

Several other hedge funds have also recently bought and sold shares of the company. Heritage Family Offices LLP lifted its position in shares of Jacobs Solutions by 55.7% during the 4th quarter. Heritage Family Offices LLP now owns 14,912 shares of the company’s stock worth $1,993,000 after buying an additional 5,332 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Jacobs Solutions by 12.2% during the third quarter. JPMorgan Chase & Co. now owns 433,748 shares of the company’s stock worth $56,778,000 after acquiring an additional 47,211 shares in the last quarter. Occidental Asset Management LLC lifted its holdings in shares of Jacobs Solutions by 11.7% in the fourth quarter. Occidental Asset Management LLC now owns 25,045 shares of the company’s stock worth $3,347,000 after acquiring an additional 2,619 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Jacobs Solutions in the 3rd quarter valued at approximately $3,205,000. Finally, Point72 Asset Management L.P. bought a new stake in shares of Jacobs Solutions during the 3rd quarter valued at approximately $1,756,000. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Price Performance

Shares of NYSE J opened at $140.82 on Friday. The company has a market capitalization of $17.46 billion, a PE ratio of 22.25, a P/E/G ratio of 2.14 and a beta of 0.72. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.30. Jacobs Solutions Inc. has a twelve month low of $110.95 and a twelve month high of $150.54. The firm has a fifty day simple moving average of $136.53 and a 200 day simple moving average of $141.57.

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

Analyst Upgrades and Downgrades

Several brokerages recently commented on J. Royal Bank of Canada reissued an “outperform” rating and issued a $152.00 price objective on shares of Jacobs Solutions in a research note on Tuesday, December 3rd. Benchmark cut Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. StockNews.com began coverage on Jacobs Solutions in a research report on Wednesday, December 4th. They set a “hold” rating on the stock. Citigroup dropped their target price on Jacobs Solutions from $166.00 to $161.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $150.00 price objective on shares of Jacobs Solutions in a research note on Tuesday, December 10th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.11.

About Jacobs Solutions

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.