Johnson Financial Group Inc. Acquires 4,425 Shares of Jacobs Solutions Inc. $J

Johnson Financial Group Inc. boosted its holdings in Jacobs Solutions Inc. (NYSE:J) by 287.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,964 shares of the company’s stock after buying an additional 4,425 shares during the period. Johnson Financial Group Inc.’s holdings in Jacobs Solutions were worth $759,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of J. Ameriprise Financial Inc. raised its stake in shares of Jacobs Solutions by 828.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after purchasing an additional 1,184,068 shares during the period. Focus Partners Wealth boosted its stake in Jacobs Solutions by 246.3% in the 4th quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock worth $177,324,000 after purchasing an additional 952,151 shares during the period. L1 Capital International Pty Ltd grew its holdings in Jacobs Solutions by 363.6% during the 4th quarter. L1 Capital International Pty Ltd now owns 723,533 shares of the company’s stock valued at $95,839,000 after buying an additional 567,478 shares in the last quarter. Morgan Stanley increased its position in shares of Jacobs Solutions by 19.5% during the fourth quarter. Morgan Stanley now owns 3,379,681 shares of the company’s stock valued at $447,673,000 after buying an additional 552,277 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of Jacobs Solutions by 68.8% in the second quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock worth $168,194,000 after buying an additional 525,291 shares in the last quarter. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $129.70 on Wednesday. The company’s fifty day moving average price is $122.50 and its 200-day moving average price is $129.27. The firm has a market capitalization of $15.32 billion, a price-to-earnings ratio of 40.28, a PEG ratio of 1.25 and a beta of 0.69. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The company’s revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, equities research analysts anticipate that Jacobs Solutions Inc. will post 7.23 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently commented on J shares. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings lowered shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Truist Financial decreased their price target on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $169.00 price objective on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Finally, Citigroup lifted their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $153.10.

Insiders Place Their Bets

In other news, CEO Robert V. Pragada purchased 3,601 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the acquisition, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This represents a 1.09% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Manuel J. Fernandez purchased 253 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost 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 $1,407,450.24. This trade represents a 2.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 4,257 shares of company stock valued at $477,651 over the last quarter. 0.48% of the stock is currently owned by company insiders.

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.