Compass Wealth Management LLC Has $3.59 Million Stake in Jacobs Solutions Inc. (NYSE:J)

Compass Wealth Management LLC boosted its holdings in Jacobs Solutions Inc. (NYSE:J) by 7.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 26,837 shares of the company’s stock after purchasing an additional 1,900 shares during the quarter. Compass Wealth Management LLC’s holdings in Jacobs Solutions were worth $3,586,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Geode Capital Management LLC boosted its holdings in shares of Jacobs Solutions by 2.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,145,665 shares of the company’s stock worth $410,444,000 after buying an additional 73,566 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in Jacobs Solutions by 3.2% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,040,032 shares of the company’s stock valued at $143,263,000 after purchasing an additional 32,650 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Jacobs Solutions by 1.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 760,516 shares of the company’s stock worth $99,552,000 after acquiring an additional 14,405 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Jacobs Solutions by 19.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 650,110 shares of the company’s stock worth $85,099,000 after acquiring an additional 107,849 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of Jacobs Solutions by 28.1% during the third quarter. Thrivent Financial for Lutherans now owns 537,015 shares of the company’s stock worth $70,296,000 after acquiring an additional 117,940 shares in the last quarter. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Stock Down 0.5 %

Shares of Jacobs Solutions 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 firm has a market cap of $17.46 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 2.14 and a beta of 0.72. The company has a 50-day moving average of $136.53 and a 200 day moving average of $141.57. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.20 and a quick ratio of 1.20.

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

Analyst Ratings Changes

A number of brokerages have commented on J. StockNews.com initiated coverage on Jacobs Solutions in a research note on Wednesday, December 4th. They issued a “hold” rating on the stock. Benchmark cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Robert W. Baird raised their price target on shares of Jacobs Solutions from $147.00 to $149.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Raymond James upgraded shares of Jacobs Solutions from a “market perform” rating to an “outperform” rating and set a $160.00 target price for the company in a report on Friday, October 4th. Finally, Citigroup lowered their price target 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. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $156.11.

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.