MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 5,300 Shares of Jacobs Solutions Inc. $J

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Jacobs Solutions Inc. (NYSE:J) by 0.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 856,087 shares of the company’s stock after buying an additional 5,300 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.72% of Jacobs Solutions worth $128,292,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Forum Financial Management LP increased its position in Jacobs Solutions by 2.0% in the third quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares during the period. Harfst & Associates Inc. lifted its position in Jacobs Solutions by 0.5% during the 3rd quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock valued at $1,891,000 after purchasing an additional 64 shares during the period. B. Riley Wealth Advisors Inc. boosted its stake in shares of Jacobs Solutions by 3.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock valued at $337,000 after purchasing an additional 66 shares during the last quarter. Blue Trust Inc. grew its position in shares of Jacobs Solutions by 11.2% during the 3rd quarter. Blue Trust Inc. now owns 695 shares of the company’s stock worth $104,000 after buying an additional 70 shares during the period. Finally, TD Private Client Wealth LLC grew its position in shares of Jacobs Solutions by 1.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 7,421 shares of the company’s stock worth $1,112,000 after buying an additional 73 shares during the period. Institutional investors own 85.65% of the company’s stock.

Insider Activity at Jacobs Solutions

In related news, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the sale, the president owned 25,344 shares in the company, valued at $3,399,390.72. This represents a 5.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.48% of the stock is currently owned by corporate insiders.

Jacobs Solutions Stock Performance

Shares of NYSE:J opened at $128.94 on Tuesday. The firm’s 50 day simple moving average is $137.56 and its 200 day simple moving average is $143.09. Jacobs Solutions Inc. has a fifty-two week low of $106.23 and a fifty-two week high of $168.44. The company has a market capitalization of $15.14 billion, a price-to-earnings ratio of 35.33, a P/E/G ratio of 1.32 and a beta of 0.78. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.33.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same quarter in the previous year, the company earned $1.33 earnings per share. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, sell-side analysts forecast that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be issued a $0.36 dividend. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 39.45%.

Wall Street Analyst Weigh In

J has been the topic of several analyst reports. Royal Bank Of Canada cut their price objective on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Truist Financial lowered their target price on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. The Goldman Sachs Group initiated coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They set a “buy” rating and a $158.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Finally, Citigroup reduced their price target on Jacobs Solutions from $182.00 to $180.00 and set a “buy” 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $156.60.

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.