BI Asset Management Fondsmaeglerselskab A S Has $1.84 Million Stake in Jacobs Solutions Inc. $J

BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 107.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,244 shares of the company’s stock after purchasing an additional 6,346 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Jacobs Solutions were worth $1,835,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Cary Street Partners Investment Advisory LLC increased its stake in shares of Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after buying an additional 95 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Jacobs Solutions by 65.4% during the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock valued at $33,000 after acquiring an additional 87 shares during the period. Godsey & Gibb Inc. boosted its holdings in Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after acquiring an additional 121 shares during the last quarter. First Horizon Corp acquired a new stake in shares of Jacobs Solutions during the 3rd quarter worth approximately $34,000. Finally, Golden State Wealth Management LLC raised its stake in Jacobs Solutions by 63.3% during the 3rd quarter. Golden State Wealth Management LLC now owns 258 shares of the company’s stock worth $39,000 after buying an additional 100 shares during the period. Institutional investors own 85.65% of the company’s stock.

Insider Activity

In related news, Director Manuel J. Fernandez purchased 763 shares of Jacobs Solutions stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average cost of $130.78 per share, with a total value of $99,785.14. Following the completion of the transaction, the director owned 10,380 shares of the company’s stock, valued at approximately $1,357,496.40. This trade represents a 7.93% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Venkatesh Nathamuni purchased 750 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was bought at an average price 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. This represents a 3.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased 2,513 shares of company stock worth $335,878 in the last quarter. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

NYSE J opened at $148.77 on Monday. The firm’s 50 day moving average is $137.17 and its 200-day moving average is $144.85. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $17.47 billion, a PE ratio of 40.76, a price-to-earnings-growth ratio of 1.54 and a beta of 0.80. Jacobs Solutions Inc. has a 12-month low of $106.23 and a 12-month high of $168.44.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.52 by $0.01. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The firm’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Equities research analysts anticipate that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, February 20th. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio is 39.45%.

Analysts Set New Price Targets

J has been the subject of several research analyst reports. Citigroup decreased their price objective on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Wall Street Zen upgraded shares of Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday. KeyCorp increased their price objective on shares of Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Bank of America cut their price objective on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Finally, Wells Fargo & Company upped their target price on shares of Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions has a consensus rating of “Moderate Buy” and an average target price of $156.60.

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.