WINTON GROUP Ltd Raises Position in Jacobs Solutions Inc. $J

WINTON GROUP Ltd lifted its position in shares of Jacobs Solutions Inc. (NYSE:JFree Report) by 122.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,586 shares of the company’s stock after buying an additional 4,721 shares during the period. WINTON GROUP Ltd’s holdings in Jacobs Solutions were worth $1,137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Total Wealth Planning & Management Inc. acquired a new stake in shares of Jacobs Solutions during the 4th quarter worth approximately $991,000. J.W. Cole Advisors Inc. increased its holdings in shares of Jacobs Solutions by 3.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 5,686 shares of the company’s stock worth $752,000 after buying an additional 198 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Jacobs Solutions by 158.4% during the 4th quarter. Vise Technologies Inc. now owns 3,470 shares of the company’s stock worth $460,000 after buying an additional 2,127 shares during the last quarter. State of Wyoming increased its holdings in shares of Jacobs Solutions by 111.6% during the 4th quarter. State of Wyoming now owns 2,922 shares of the company’s stock worth $387,000 after buying an additional 1,541 shares during the last quarter. Finally, TD Asset Management Inc increased its holdings in shares of Jacobs Solutions by 13.5% during the 4th quarter. TD Asset Management Inc now owns 73,133 shares of the company’s stock worth $9,687,000 after buying an additional 8,702 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on J shares. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup raised their price target on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings downgraded shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Robert W. Baird dropped their target price on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Finally, KeyCorp dropped their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.40.

Read Our Latest Research Report on Jacobs Solutions

Insider Activity

In other news, Director Manuel J. Fernandez purchased 403 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average cost of $121.93 per share, with a total value of $49,137.79. Following the completion of the acquisition, the director directly owned 12,251 shares of the company’s stock, valued at approximately $1,493,764.43. This trade represents a 3.40% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Robert V. Pragada purchased 3,601 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the acquisition, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This represents a 1.09% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 4,257 shares of company stock valued at $477,651 over the last three months. 0.48% of the stock is currently owned by corporate insiders.

Jacobs Solutions Stock Up 4.7%

Jacobs Solutions stock opened at $125.57 on Wednesday. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. The stock has a market cap of $14.83 billion, a PE ratio of 39.00, a P/E/G ratio of 1.16 and a beta of 0.69. The stock’s fifty day moving average is $122.63 and its two-hundred day moving average is $131.17.

Jacobs Solutions (NYSE:JGet Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The business’s revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, sell-side analysts expect that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

Jacobs Solutions Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)

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