Jacobs Solutions Inc. $J Shares Acquired by National Pension Service

National Pension Service increased its stake in Jacobs Solutions Inc. (NYSE:J) by 32.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,432 shares of the company’s stock after purchasing an additional 7,954 shares during the quarter. National Pension Service’s holdings in Jacobs Solutions were worth $4,296,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of J. Measured Wealth Private Client Group LLC acquired a new stake in Jacobs Solutions in the 3rd quarter valued at about $27,000. Princeton Global Asset Management LLC acquired a new stake in Jacobs Solutions in the 4th quarter valued at about $30,000. Central Pacific Bank Trust Division acquired a new stake in Jacobs Solutions in the 4th quarter valued at about $31,000. Wealth Watch Advisors INC acquired a new stake in Jacobs Solutions in the 3rd quarter valued at about $33,000. Finally, International Assets Investment Management LLC acquired a new stake in Jacobs Solutions in the 4th quarter valued at about $38,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, President Shannon Miller sold 1,440 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the transaction, the president owned 25,344 shares in the company, valued at approximately $3,399,390.72. This represents a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Robert V. Pragada acquired 3,601 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the acquisition, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at $37,076,842.95. The trade was a 1.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 4,257 shares of company stock worth $477,651 in the last 90 days. Company insiders own 0.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings lowered shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. KeyCorp reduced their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Citigroup upped their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Robert W. Baird reduced their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $153.40.

Jacobs Solutions Price Performance

Shares of J opened at $122.96 on Tuesday. The company has a market capitalization of $14.52 billion, a price-to-earnings ratio of 38.19, a P/E/G ratio of 1.16 and a beta of 0.73. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. The business’s 50-day moving average is $123.35 and its 200-day moving average is $132.39.

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

Jacobs Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be issued a $0.36 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

About Jacobs Solutions

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.