Janus Henderson Group PLC Purchases 101,137 Shares of Jacobs Solutions Inc. $J

Janus Henderson Group PLC raised its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 21.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 569,689 shares of the company’s stock after acquiring an additional 101,137 shares during the quarter. Janus Henderson Group PLC’s holdings in Jacobs Solutions were worth $72,493,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in J. Northwestern Mutual Wealth Management Co. boosted its holdings in Jacobs Solutions by 737.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 159,189 shares of the company’s stock worth $21,086,000 after buying an additional 140,179 shares during the period. Kepler Cheuvreux Suisse SA bought a new stake in Jacobs Solutions during the 4th quarter valued at $2,161,000. Crossmark Global Holdings Inc. lifted its position in shares of Jacobs Solutions by 360.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 24,819 shares of the company’s stock worth $3,288,000 after acquiring an additional 19,427 shares in the last quarter. Catalyst Funds Management Pty Ltd purchased a new stake in shares of Jacobs Solutions during the fourth quarter worth $3,312,000. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Jacobs Solutions by 24.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 852,803 shares of the company’s stock worth $112,962,000 after acquiring an additional 169,059 shares during the period. Institutional investors own 85.65% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on J. KeyCorp reduced their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Wells Fargo & Company cut their target price 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. Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings downgraded shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada increased their price target on shares of Jacobs Solutions from $169.00 to $171.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $153.30.

Insider Activity

In other news, Director Manuel J. Fernandez acquired 403 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average cost of $121.93 per share, with a total value of $49,137.79. Following the acquisition, the director owned 12,251 shares in the company, valued at approximately $1,493,764.43. This represents a 3.40% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert V. Pragada bought 3,601 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $111.09 per share, with a total value of $400,035.09. Following the transaction, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. The trade was a 1.09% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 4,257 shares of company stock worth $477,651 over the last quarter. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Performance

Jacobs Solutions stock opened at $135.18 on Friday. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a market cap of $15.96 billion, a P/E ratio of 41.98, a price-to-earnings-growth ratio of 1.31 and a beta of 0.69. The firm’s fifty day moving average price is $126.06 and its 200-day moving average price is $129.19.

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

Jacobs Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be given a dividend of $0.36 per share. The ex-dividend date is Friday, August 21st. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio is 44.72%.

Jacobs Solutions Company Profile

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.