Hikari Tsushin Inc. Has $5.09 Million Holdings in Jacobs Solutions Inc. $J

Hikari Tsushin Inc. reduced its position in Jacobs Solutions Inc. (NYSE:J) by 10.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,455 shares of the company’s stock after selling 4,345 shares during the period. Jacobs Solutions comprises about 0.3% of Hikari Tsushin Inc.’s holdings, making the stock its 27th largest position. Hikari Tsushin Inc.’s holdings in Jacobs Solutions were worth $5,094,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. IFM Investors Pty Ltd boosted its stake in shares of Jacobs Solutions by 8.2% during the 4th quarter. IFM Investors Pty Ltd now owns 26,686 shares of the company’s stock worth $3,535,000 after acquiring an additional 2,012 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Jacobs Solutions by 6.8% during the 4th quarter. Empowered Funds LLC now owns 7,743 shares of the company’s stock worth $1,026,000 after acquiring an additional 490 shares in the last quarter. Compass Wealth Management LLC boosted its stake in shares of Jacobs Solutions by 3.6% during the 4th quarter. Compass Wealth Management LLC now owns 28,219 shares of the company’s stock worth $3,738,000 after acquiring an additional 990 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in shares of Jacobs Solutions by 1.5% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 8,014 shares of the company’s stock worth $1,062,000 after acquiring an additional 118 shares in the last quarter. Finally, Zions Bancorporation National Association UT boosted its stake in shares of Jacobs Solutions by 7,853.8% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,034 shares of the company’s stock worth $137,000 after acquiring an additional 1,021 shares in the last quarter. Institutional investors own 85.65% of the company’s stock.

Insider Activity at Jacobs Solutions

In other Jacobs Solutions news, CEO Robert V. Pragada bought 3,601 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the purchase, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Manuel J. Fernandez acquired 253 shares of Jacobs Solutions stock in a transaction on Wednesday, May 13th. The stock was purchased at an average price of $112.56 per share, with a total value of $28,477.68. Following the transaction, the director directly owned 12,504 shares in the company, valued at approximately $1,407,450.24. This trade represents a 2.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have purchased 4,257 shares of company stock valued at $477,651. 0.48% of the stock is owned by corporate insiders.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $126.49 on Friday. The business has a 50 day moving average price of $122.56 and a 200 day moving average price of $131.10. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44. The company has a market cap of $14.94 billion, a price-to-earnings ratio of 39.28, a PEG ratio of 1.18 and a beta of 0.69. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the company earned $1.43 EPS. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Research analysts predict that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be paid a dividend of $0.36 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.44 annualized dividend and a yield of 1.1%. Jacobs Solutions’s dividend payout ratio is presently 44.72%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Wells Fargo & Company decreased their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Citigroup upped their price target on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada reiterated an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research note on Tuesday, May 19th. KeyCorp decreased their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $153.40.

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.