Robeco Schweiz AG cut its stake in shares of Jacobs Solutions Inc. (NYSE:J – Free Report) by 21.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 239,037 shares of the company’s stock after selling 64,534 shares during the quarter. Robeco Schweiz AG owned approximately 0.20% of Jacobs Solutions worth $32,335,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Yousif Capital Management LLC lifted its holdings in Jacobs Solutions by 0.6% during the 3rd quarter. Yousif Capital Management LLC now owns 12,724 shares of the company’s stock valued at $1,721,000 after purchasing an additional 77 shares during the last quarter. Frank Rimerman Advisors LLC grew its stake in Jacobs Solutions by 5.0% during the third quarter. Frank Rimerman Advisors LLC now owns 1,711 shares of the company’s stock worth $231,000 after buying an additional 81 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in Jacobs Solutions by 1.5% during the first quarter. Sequoia Financial Advisors LLC now owns 6,633 shares of the company’s stock worth $844,000 after buying an additional 97 shares during the last quarter. Flynn Zito Capital Management LLC increased its holdings in shares of Jacobs Solutions by 6.0% during the first quarter. Flynn Zito Capital Management LLC now owns 1,975 shares of the company’s stock worth $251,000 after buying an additional 111 shares in the last quarter. Finally, Patrick M Sweeney & Associates Inc. increased its holdings in Jacobs Solutions by 3.8% during the 3rd quarter. Patrick M Sweeney & Associates Inc. now owns 3,137 shares of the company’s stock valued at $424,000 after purchasing an additional 115 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.
Jacobs Solutions Price Performance
J opened at $145.10 on Friday. The company has a fifty day moving average price of $143.17 and a two-hundred day moving average price of $132.57. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29. Jacobs Solutions Inc. has a 52 week low of $105.68 and a 52 week high of $168.44. The firm has a market capitalization of $17.13 billion, a PE ratio of 51.46, a P/E/G ratio of 1.82 and a beta of 0.72.
Jacobs Solutions (NYSE:J – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the previous year, the company posted $1.62 EPS. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, analysts anticipate that Jacobs Solutions Inc. will post 7.24 earnings per share for the current year.
Jacobs Solutions Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, August 21st were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Friday, August 21st. Jacobs Solutions’s dividend payout ratio is currently 51.06%.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the stock. Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. KeyCorp dropped their target price on Jacobs Solutions from $168.00 to $166.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Royal Bank Of Canada boosted their target price on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. UBS Group upped their price target on Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Citigroup raised their price target on Jacobs Solutions from $181.00 to $188.00 and gave the company a “buy” rating in a report on Friday. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $156.78.
Read Our Latest Stock Report on Jacobs Solutions
Insider Buying and Selling
In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $144.10, for a total value of $2,478,664.10. Following the transaction, the president owned 67,356 shares of the company’s stock, valued at approximately $9,705,999.60. This represents a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.48% of the company’s stock.
About Jacobs Solutions
Jacobs Solutions Inc (NYSE:J) is a global technical, professional and consulting services provider serving government and commercial clients. The company helps organizations plan, design, deliver and operate complex infrastructure and mission-critical programs, with expertise spanning advanced manufacturing, transportation, water, environmental services, energy, life sciences, space and national security.
Through its consulting and engineering operations, Jacobs provides services such as program and project management, engineering and design, architecture, environmental planning, digital solutions and operational support.
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