Northwestern Mutual Wealth Management Co. Has $21.09 Million Position in Jacobs Solutions Inc. $J

Northwestern Mutual Wealth Management Co. increased its position in Jacobs Solutions Inc. (NYSE:J) by 737.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 159,189 shares of the company’s stock after acquiring an additional 140,179 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Jacobs Solutions were worth $21,086,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. increased its holdings in Jacobs Solutions by 3.0% in the third 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 increased 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 worth $1,287,000 after buying an additional 75 shares during the last quarter. Gratus Wealth Advisors LLC increased its holdings in Jacobs Solutions by 1.3% in the fourth quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock worth $820,000 after buying an additional 81 shares during the last quarter. Compound Planning Inc. increased its holdings in Jacobs Solutions by 3.8% in the third quarter. Compound Planning Inc. now owns 2,250 shares of the company’s stock worth $337,000 after buying an additional 83 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in Jacobs Solutions by 10.4% in the third quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock worth $137,000 after buying an additional 86 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on J shares. Citigroup increased their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Wells Fargo & Company dropped their price objective on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, KeyCorp dropped their price objective on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $153.40.

Insider Buying and Selling

In other news, CEO Robert V. Pragada bought 3,601 shares of Jacobs Solutions stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the transaction, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Manuel J. Fernandez bought 403 shares of Jacobs Solutions 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 transaction, the director owned 12,251 shares of the company’s stock, valued at $1,493,764.43. This trade represents a 3.40% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 4,257 shares of company stock valued at $477,651 over the last ninety days. 0.48% of the stock is owned by company insiders.

Jacobs Solutions Stock Down 0.7%

J opened at $112.80 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 current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24. The stock has a market capitalization of $13.32 billion, a price-to-earnings ratio of 35.03, a P/E/G ratio of 1.10 and a beta of 0.73. The business has a 50 day moving average of $125.77 and a 200-day moving average of $134.81.

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

Jacobs Solutions Dividend Announcement

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

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.