Jacobs Solutions Inc. $J Shares Purchased by National Pension Service

National Pension Service raised its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 35.7% in the 2nd quarter, Holdings Channel reports. The firm owned 19,720 shares of the company’s stock after purchasing an additional 5,187 shares during the quarter. National Pension Service’s holdings in Jacobs Solutions were worth $2,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Empowered Funds LLC grew its position in shares of Jacobs Solutions by 92.3% during the first quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock worth $812,000 after acquiring an additional 3,226 shares during the last quarter. Woodline Partners LP lifted its position in Jacobs Solutions by 38.7% in the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after purchasing an additional 2,891 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Jacobs Solutions during the 2nd quarter valued at about $321,000. Baird Financial Group Inc. boosted its stake in Jacobs Solutions by 1.7% during the 2nd quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock valued at $1,975,000 after purchasing an additional 248 shares during the period. Finally, AXA S.A. grew its position in Jacobs Solutions by 14.9% in the 2nd quarter. AXA S.A. now owns 19,670 shares of the company’s stock worth $2,586,000 after purchasing an additional 2,556 shares during the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Jacobs Solutions Stock Down 0.1%

J opened at $141.74 on Monday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market capitalization of $16.74 billion, a PE ratio of 50.26, a P/E/G ratio of 2.06 and a beta of 0.70. The stock’s fifty day moving average is $140.20 and its 200-day moving average is $130.65. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44.

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

Jacobs Solutions Announces Dividend

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 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 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is 51.06%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on J. Weiss Ratings raised Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. Royal Bank Of Canada raised their target price on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. UBS Group lifted their target price on Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Truist Financial reduced their price target on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a research report on Thursday, July 2nd. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $153.70.

Insider Activity

In other news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction that occurred 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 transaction, the president owned 67,356 shares of the company’s stock, valued at $9,705,999.60. The trade was a 20.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.48% of the stock is owned by corporate insiders.

Jacobs Solutions Company Profile

Jacobs Solutions Inc (NYSE:J) is a global professional services and technical consulting company that provides engineering, design, consulting, program and construction management, and operations services. The company works with public- and private-sector clients on complex projects involving infrastructure, transportation, water, environmental services, energy, advanced manufacturing, life sciences, and other critical facilities.

Jacobs supports the planning, design, delivery, and operation of large-scale assets and systems.