Nykredit A S Makes New $5.33 Million Investment in Jacobs Solutions Inc. $J

Nykredit A S 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 42,325 shares of the company’s stock, valued at approximately $5,333,000.

Several other hedge funds have also bought and sold shares of the stock. Measured Wealth Private Client Group LLC bought a new stake in shares of Jacobs Solutions during the 3rd quarter worth $27,000. Wealth Watch Advisors INC bought a new stake in shares of Jacobs Solutions in the 3rd quarter valued at about $33,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Jacobs Solutions during the second quarter valued at approximately $30,000. International Assets Investment Management LLC purchased a new stake in Jacobs Solutions during the 4th quarter valued at $38,000. Finally, Compass Financial Management LLC purchased a new stake in shares of Jacobs Solutions during the second quarter worth about $43,000. 85.65% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction on Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the sale, the president directly owned 67,356 shares in the company, valued at approximately $9,705,999.60. The trade was a 20.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.48% of the company’s stock.

Wall Street Analysts Forecast Growth

J has been the subject of a number of research analyst reports. Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, August 30th. Weiss Ratings raised Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Royal Bank Of Canada increased their price objective 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. Truist Financial cut their target price on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research note on Thursday, July 2nd. Finally, UBS Group lifted their price target on shares of Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $153.70.

Jacobs Solutions Stock Performance

NYSE:J opened at $146.11 on Monday. The stock has a 50-day simple moving average of $138.52 and a two-hundred day simple moving average of $130.45. The firm has a market capitalization of $17.25 billion, a PE ratio of 51.81, a P/E/G ratio of 2.12 and a beta of 0.70. Jacobs Solutions Inc. has a 52-week low of $105.68 and a 52-week high of $168.44. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29.

Jacobs Solutions (NYSE:J) last released its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share 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 company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the previous year, the company earned $1.62 EPS. Jacobs Solutions’s revenue for the quarter was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Analysts forecast that Jacobs Solutions Inc. will post 7.26 EPS for the current year.

Jacobs Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s dividend payout ratio (DPR) is 51.06%.

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.