Caisse de depot et placement du Quebec Invests $118.78 Million in Jacobs Solutions Inc. $J

Caisse de depot et placement du Quebec acquired a new position in Jacobs Solutions Inc. (NYSE:J) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 942,724 shares of the company’s stock, valued at approximately $118,783,000. Caisse de depot et placement du Quebec owned approximately 0.80% of Jacobs Solutions as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC bought a new position in Jacobs Solutions in the 3rd quarter worth about $27,000. Wealth Watch Advisors INC purchased a new stake in shares of Jacobs Solutions in the 3rd quarter valued at about $33,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Jacobs Solutions during the 2nd quarter valued at about $30,000. International Assets Investment Management LLC bought a new stake in shares of Jacobs Solutions during the 4th quarter valued at about $38,000. Finally, Compass Financial Management LLC purchased a new position in shares of Jacobs Solutions during the second quarter worth about $43,000. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Stock Performance

NYSE:J opened at $151.70 on Thursday. The business has a 50 day moving average of $134.82 and a 200 day moving average of $130.10. The company has a market capitalization of $17.91 billion, a price-to-earnings ratio of 53.79, a PEG ratio of 1.45 and a beta of 0.68. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same period last year, the business earned $1.62 earnings per share. The business’s quarterly revenue was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, sell-side analysts predict that Jacobs Solutions Inc. will post 7.26 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be paid a $0.36 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%. Jacobs Solutions’s dividend payout ratio is 51.06%.

Insider Activity

In related news, President Patrick Hill sold 17,201 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the transaction, the president owned 67,356 shares of the company’s stock, valued at approximately $9,705,999.60. This trade represents a 20.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.48% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on J. KeyCorp decreased their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Royal Bank Of Canada lifted their target price on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Wall Street Zen raised shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Finally, UBS Group raised their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $153.70.

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.