Tredje AP fonden Purchases New Position in Jacobs Solutions Inc. $J

Tredje AP fonden acquired a new position in shares of Jacobs Solutions Inc. (NYSE:J) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 251,377 shares of the company’s stock, valued at approximately $37,671,000. Tredje AP fonden owned about 0.21% of Jacobs Solutions as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Stevens Capital Management LP acquired a new stake in Jacobs Solutions in the 3rd quarter worth about $584,000. Y.D. More Investments Ltd boosted its holdings in shares of Jacobs Solutions by 1.5% in the 3rd quarter. Y.D. More Investments Ltd now owns 10,824 shares of the company’s stock valued at $1,622,000 after purchasing an additional 163 shares in the last quarter. NewEdge Wealth LLC bought a new position in Jacobs Solutions in the third quarter valued at about $214,000. Studio Investment Management LLC acquired a new stake in shares of Jacobs Solutions in the 3rd quarter valued at approximately $219,000. Finally, NEOS Investment Management LLC grew its holdings in shares of Jacobs Solutions by 71.1% during the 3rd quarter. NEOS Investment Management LLC now owns 15,024 shares of the company’s stock valued at $2,251,000 after purchasing an additional 6,241 shares during the last quarter. Institutional investors own 85.65% of the company’s stock.

Insider Buying and Selling at Jacobs Solutions

In other news, CFO Venkatesh Nathamuni acquired 750 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was bought at an average price of $135.11 per share, with a total value of $101,332.50. Following the acquisition, the chief financial officer owned 20,785 shares in the company, valued at $2,808,261.35. The trade was a 3.74% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Manuel J. Fernandez purchased 763 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average price of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the purchase, the director directly owned 10,380 shares in the company, valued at $1,357,496.40. This represents a 7.93% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 2,513 shares of company stock worth $335,878 in the last quarter. 0.48% of the stock is currently owned by company insiders.

Jacobs Solutions Stock Performance

J stock opened at $137.76 on Friday. Jacobs Solutions Inc. has a 1-year low of $106.23 and a 1-year high of $168.44. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72. The stock has a 50-day moving average price of $137.64 and a 200-day moving average price of $144.65. The firm has a market cap of $16.18 billion, a PE ratio of 37.74, a price-to-earnings-growth ratio of 1.44 and a beta of 0.80.

Jacobs Solutions (NYSE:J) last issued its earnings results on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.01. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The firm’s revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, equities research analysts expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current 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 given a $0.36 dividend. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, February 20th. Jacobs Solutions’s payout ratio is presently 35.07%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Citigroup dropped their price target on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Wells Fargo & Company raised their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Bank of America lowered their target price on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Finally, Wall Street Zen lowered Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 15th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Jacobs Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $156.60.

Jacobs Solutions Company 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.