Jacobs Solutions Inc. $J Shares Purchased by Tredje AP fonden

Tredje AP fonden raised its stake in Jacobs Solutions Inc. (NYSE:J) by 30.9% during the fourth quarter, Holdings Channel reports. The firm owned 328,975 shares of the company’s stock after purchasing an additional 77,598 shares during the period. Tredje AP fonden’s holdings in Jacobs Solutions were worth $43,576,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. increased its holdings in shares of Jacobs Solutions by 3.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock worth $337,000 after buying an additional 66 shares during the last quarter. Vident Advisory LLC boosted its holdings in Jacobs Solutions by 0.8% in the second quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock valued at $1,287,000 after acquiring an additional 75 shares during the last quarter. Gratus Wealth Advisors LLC grew its position in Jacobs Solutions by 1.3% during the fourth quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock valued at $820,000 after acquiring an additional 81 shares during the period. Compound Planning Inc. grew its position in Jacobs Solutions by 3.8% during the third quarter. Compound Planning Inc. now owns 2,250 shares of the company’s stock valued at $337,000 after acquiring an additional 83 shares during the period. Finally, Parallel Advisors LLC increased its stake in Jacobs Solutions by 10.4% during the third quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock worth $137,000 after acquiring an additional 86 shares during the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Price Performance

J stock opened at $113.52 on Tuesday. The firm has a market cap of $13.40 billion, a P/E ratio of 35.26, a price-to-earnings-growth ratio of 1.07 and a beta of 0.73. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. Jacobs Solutions Inc. has a 1 year low of $105.68 and a 1 year high of $168.44. The stock has a 50-day simple moving average of $126.25 and a 200-day simple moving average of $135.13.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.Jacobs Solutions’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, equities analysts predict that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s payout ratio is presently 44.72%.

Insider Activity

In other news, Director Manuel J. Fernandez purchased 403 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average cost of $121.93 per share, with a total value of $49,137.79. Following the acquisition, the director owned 12,251 shares in the company, valued at approximately $1,493,764.43. This trade represents a 3.40% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction 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. This trade represents a 5.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders bought 4,257 shares of company stock worth $477,651. 0.48% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on J. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. KeyCorp cut their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Robert W. Baird reduced their price target on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Weiss Ratings downgraded shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $153.40.

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.