North Growth Management Ltd. Sells 7,000 Shares of Jacobs Solutions Inc. $J

North Growth Management Ltd. decreased its stake in Jacobs Solutions Inc. (NYSE:J) by 7.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,000 shares of the company’s stock after selling 7,000 shares during the period. Jacobs Solutions makes up 2.2% of North Growth Management Ltd.’s portfolio, making the stock its 15th largest holding. North Growth Management Ltd.’s holdings in Jacobs Solutions were worth $12,687,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of J. Fulton Bank N.A. grew its position in Jacobs Solutions by 2.7% in the 3rd quarter. Fulton Bank N.A. now owns 8,803 shares of the company’s stock worth $1,319,000 after purchasing an additional 233 shares during the last quarter. Brave Asset Management Inc. acquired a new stake in Jacobs Solutions during the third quarter worth about $211,000. Altfest L J & Co. Inc. bought a new position in Jacobs Solutions during the third quarter valued at about $578,000. Ninety One SA PTY Ltd raised its holdings in Jacobs Solutions by 2.9% in the 3rd quarter. Ninety One SA PTY Ltd now owns 55,418 shares of the company’s stock valued at $8,305,000 after acquiring an additional 1,548 shares in the last quarter. Finally, Ninety One UK Ltd lifted its position in shares of Jacobs Solutions by 20.4% in the 3rd quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock worth $460,016,000 after acquiring an additional 520,417 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Price Performance

Shares of Jacobs Solutions stock opened at $135.35 on Friday. The stock has a market capitalization of $15.98 billion, a price-to-earnings ratio of 55.93, a P/E/G ratio of 1.48 and a beta of 0.81. The firm’s 50-day moving average price is $142.02 and its two-hundred day moving average price is $143.80. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.61. Jacobs Solutions Inc. has a 1-year low of $106.23 and a 1-year high of $168.44.

Jacobs Solutions (NYSE:J) last announced its earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.67 by $0.08. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $3.14 billion. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.Jacobs Solutions’s revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.37 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. On average, equities analysts predict that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio is presently 52.89%.

Insider Activity at Jacobs Solutions

In related news, Director Manuel J. Fernandez acquired 763 shares of the stock in a transaction on Monday, November 24th. The stock was purchased at an average price of $130.78 per share, for a total transaction of $99,785.14. Following the transaction, the director owned 10,380 shares of the company’s stock, valued at $1,357,496.40. The trade was a 7.93% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Venkatesh Nathamuni bought 750 shares of the company’s stock in a transaction on Monday, November 24th. The stock was bought at an average cost of $135.11 per share, with a total value of $101,332.50. Following the completion of the purchase, the chief financial officer owned 20,785 shares of the company’s stock, valued at approximately $2,808,261.35. The trade was a 3.74% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 2,513 shares of company stock valued at $335,878 over the last ninety days. 0.48% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on J. Citigroup lowered their price objective on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. Royal Bank Of Canada lowered their price target on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Bank of America reduced their price objective on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Finally, Barclays increased their price target on shares of Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $155.90.

Jacobs Solutions 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.