Lincluden Management Ltd. Boosts Stock Position in Jacobs Solutions Inc. $J

Lincluden Management Ltd. grew its holdings in Jacobs Solutions Inc. (NYSE:J) by 14.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 42,445 shares of the company’s stock after acquiring an additional 5,443 shares during the period. Lincluden Management Ltd.’s holdings in Jacobs Solutions were worth $6,361,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Laird Norton Wetherby Wealth Management LLC increased its stake in shares of Jacobs Solutions by 9.1% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 3,693 shares of the company’s stock valued at $553,000 after buying an additional 308 shares during the period. Larson Financial Group LLC lifted its stake in Jacobs Solutions by 105.2% in the third quarter. Larson Financial Group LLC now owns 509 shares of the company’s stock worth $76,000 after acquiring an additional 261 shares during the period. Gotham Asset Management LLC boosted its holdings in Jacobs Solutions by 42.9% in the third quarter. Gotham Asset Management LLC now owns 127,454 shares of the company’s stock valued at $19,100,000 after acquiring an additional 38,288 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Jacobs Solutions in the third quarter valued at $233,000. Finally, Focus Partners Wealth increased its position in Jacobs Solutions by 33.4% during the 3rd quarter. Focus Partners Wealth now owns 386,547 shares of the company’s stock valued at $57,928,000 after purchasing an additional 96,770 shares during the period. 85.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Jacobs Solutions

In other news, President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the transaction, the president directly owned 25,344 shares in the company, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Performance

Shares of Jacobs Solutions stock opened at $128.94 on Tuesday. Jacobs Solutions Inc. has a 12 month low of $106.23 and a 12 month high of $168.44. The firm has a market capitalization of $15.14 billion, a P/E ratio of 35.33, a P/E/G ratio of 1.32 and a beta of 0.78. 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 business has a fifty day simple moving average of $137.56 and a two-hundred day simple moving average of $143.09.

Jacobs Solutions (NYSE:J) last released its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The company’s revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, equities analysts forecast that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal 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 issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio is currently 39.45%.

Analysts Set New Price Targets

Several research analysts have commented on J shares. Citigroup decreased their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a report on Friday, November 21st. Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Robert W. Baird downgraded shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Bank of America lowered their price objective on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Finally, Truist Financial cut their price objective on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target 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.