Meiji Yasuda Life Insurance Co Makes New Investment in Jacobs Solutions Inc. $J

Meiji Yasuda Life Insurance Co bought a new stake in shares of Jacobs Solutions Inc. (NYSE:J) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 6,230 shares of the company’s stock, valued at approximately $934,000.

Other institutional investors also recently made changes to their positions in the company. Meiji Yasuda Asset Management Co Ltd. bought a new stake in Jacobs Solutions in the third quarter valued at $300,000. Guardian Partners Inc. acquired a new stake in shares of Jacobs Solutions in the 3rd quarter worth approximately $213,000. Natixis Advisors LLC lifted its position in Jacobs Solutions by 6.8% in the third quarter. Natixis Advisors LLC now owns 658,139 shares of the company’s stock worth $98,629,000 after purchasing an additional 41,740 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its stake in Jacobs Solutions by 55.7% during the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 9,500 shares of the company’s stock valued at $1,424,000 after buying an additional 3,400 shares in the last quarter. Finally, Korea Investment CORP boosted its position in shares of Jacobs Solutions by 38.8% during the 3rd quarter. Korea Investment CORP now owns 165,093 shares of the company’s stock valued at $24,741,000 after purchasing an additional 46,187 shares in the last quarter. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Stock Up 0.6%

Jacobs Solutions stock opened at $136.88 on Monday. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market cap of $16.08 billion, a PE ratio of 37.50, a P/E/G ratio of 1.41 and a beta of 0.78. The firm’s 50 day moving average price is $138.01 and its two-hundred day moving average price is $143.80.

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

Jacobs Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio is presently 39.45%.

Analysts Set New Price Targets

A number of brokerages have recently commented on J. Wells Fargo & Company increased their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Robert W. Baird lowered Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Bank of America reduced their target price on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a report on Friday, November 21st. The Goldman Sachs Group began coverage on Jacobs Solutions in a research report on Monday, November 24th. They issued a “buy” rating and a $158.00 price target for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Jacobs Solutions currently has an average rating of “Moderate Buy” and a consensus price target 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.