Kera Capital Partners Inc. Takes Position in Jacobs Solutions Inc. (NYSE:J)

Kera Capital Partners Inc. purchased a new stake in shares of Jacobs Solutions Inc. (NYSE:J - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 2,072 shares of the company's stock, valued at approximately $277,000.

A number of other institutional investors and hedge funds have also made changes to their positions in J. First Horizon Advisors Inc. lifted its stake in Jacobs Solutions by 44.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 241 shares of the company's stock worth $32,000 after acquiring an additional 74 shares in the last quarter. Empirical Finance LLC increased its stake in Jacobs Solutions by 1.9% during the third quarter. Empirical Finance LLC now owns 4,358 shares of the company's stock worth $570,000 after purchasing an additional 82 shares during the period. OneDigital Investment Advisors LLC lifted its position in shares of Jacobs Solutions by 4.0% during the third quarter. OneDigital Investment Advisors LLC now owns 2,239 shares of the company's stock worth $293,000 after purchasing an additional 86 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Jacobs Solutions by 10.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 958 shares of the company's stock worth $128,000 after purchasing an additional 92 shares in the last quarter. Finally, Gabelli Funds LLC boosted its stake in shares of Jacobs Solutions by 6.9% in the second quarter. Gabelli Funds LLC now owns 1,550 shares of the company's stock valued at $217,000 after purchasing an additional 100 shares during the period. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Stock Performance

J traded up $0.85 during trading on Friday, hitting $139.18. The stock had a trading volume of 658,557 shares, compared to its average volume of 601,541. The firm has a market capitalization of $17.26 billion, a P/E ratio of 21.99, a PEG ratio of 2.00 and a beta of 0.72. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.20 and a current ratio of 1.20. Jacobs Solutions Inc. has a twelve month low of $108.64 and a twelve month high of $150.54. The company's 50-day moving average price is $136.91 and its 200 day moving average price is $141.49.

Jacobs Solutions (NYSE:J - Get Free Report) last posted its quarterly 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). The business had revenue of $2.96 billion during the quarter, compared to analysts' expectations of $4.50 billion. Jacobs Solutions had a net margin of 5.16% and a return on equity of 14.82%. The firm's quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.90 earnings per share. On average, equities research analysts forecast that Jacobs Solutions Inc. will post 6.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

J has been the topic of several analyst reports. Raymond James upgraded Jacobs Solutions from a "market perform" rating to an "outperform" rating and set a $160.00 price objective on the stock in a research note on Friday, October 4th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $152.00 target price on shares of Jacobs Solutions in a report on Tuesday, December 3rd. Citigroup decreased their price objective on shares of Jacobs Solutions from $166.00 to $161.00 and set a "buy" rating for the company in a research report on Wednesday, November 20th. The Goldman Sachs Group reissued a "neutral" rating and issued a $150.00 target price on shares of Jacobs Solutions in a report on Tuesday, December 10th. Finally, StockNews.com began coverage on Jacobs Solutions in a report on Wednesday, December 4th. They issued a "hold" rating on the stock. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus 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.