Brevan Howard Capital Management LP Raises Holdings in Jacobs Solutions Inc. $J

Brevan Howard Capital Management LP increased its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 170.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,923 shares of the company’s stock after purchasing an additional 20,117 shares during the period. Brevan Howard Capital Management LP’s holdings in Jacobs Solutions were worth $4,784,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of Jacobs Solutions by 51.4% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 9,732 shares of the company’s stock valued at $1,453,000 after buying an additional 3,304 shares during the period. California Public Employees Retirement System grew its holdings in shares of Jacobs Solutions by 8.9% during the 3rd quarter. California Public Employees Retirement System now owns 262,084 shares of the company’s stock worth $39,276,000 after purchasing an additional 21,358 shares during the period. Bank of America Corp DE increased its position in Jacobs Solutions by 9.4% during the 3rd quarter. Bank of America Corp DE now owns 2,070,799 shares of the company’s stock worth $310,330,000 after purchasing an additional 178,753 shares in the last quarter. Bank of Nova Scotia raised its holdings in Jacobs Solutions by 360.3% in the third quarter. Bank of Nova Scotia now owns 138,177 shares of the company’s stock valued at $20,707,000 after buying an additional 108,158 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in Jacobs Solutions by 15.9% in the third quarter. Ameriprise Financial Inc. now owns 1,537,462 shares of the company’s stock valued at $230,406,000 after buying an additional 210,474 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Insiders Place Their Bets

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the sale, the president directly owned 25,344 shares in the company, valued at $3,399,390.72. The trade was a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.48% of the stock is currently owned by company insiders.

Jacobs Solutions Stock Performance

Jacobs Solutions stock opened at $128.01 on Monday. Jacobs Solutions Inc. has a 12-month low of $106.23 and a 12-month high of $168.44. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market capitalization of $15.03 billion, a price-to-earnings ratio of 35.07, a price-to-earnings-growth ratio of 1.32 and a beta of 0.78. The firm’s fifty day moving average price is $137.76 and its 200 day moving average price is $143.22.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.01. The company 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 for the quarter was up 12.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, research analysts forecast that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Increases Dividend

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

Analysts Set New Price Targets

J has been the subject of several research reports. The Goldman Sachs Group assumed coverage on shares of Jacobs Solutions in a research note on Monday, November 24th. They set a “buy” rating and a $158.00 price objective for the company. Bank of America reduced their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Citigroup cut 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. Finally, Robert W. Baird restated a “neutral” rating and set a $146.00 price objective (down from $161.00) on shares of Jacobs Solutions in a research note on Friday, November 21st. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $156.60.

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.