Jacobs Solutions Inc. $J Shares Bought by WINTON GROUP Ltd

WINTON GROUP Ltd grew its holdings in Jacobs Solutions Inc. (NYSE:J) by 214.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 25,006 shares of the company’s stock after buying an additional 17,047 shares during the quarter. WINTON GROUP Ltd’s holdings in Jacobs Solutions were worth $3,151,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of J. Measured Wealth Private Client Group LLC acquired a new position in Jacobs Solutions during the third quarter worth $27,000. NBH Bank purchased a new stake in shares of Jacobs Solutions during the 2nd quarter worth $28,000. Wealth Watch Advisors INC purchased a new stake in shares of Jacobs Solutions during the 3rd quarter worth $33,000. Continuum Advisory LLC acquired a new position in shares of Jacobs Solutions during the 2nd quarter worth $28,000. Finally, Keating Financial Advisory Services Inc. acquired a new position in shares of Jacobs Solutions during the 2nd quarter worth $30,000. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, President Patrick Hill sold 17,201 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $144.10, for a total value of $2,478,664.10. Following the completion of the transaction, the president directly owned 67,356 shares of the company’s stock, valued at $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on J shares. Weiss Ratings upgraded shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Truist Financial dropped their target price on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a report on Thursday, July 2nd. UBS Group lifted their price target on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Royal Bank Of Canada boosted their price target on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $153.70.

Jacobs Solutions Stock Performance

NYSE:J opened at $141.74 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $16.74 billion, a P/E ratio of 50.26, a price-to-earnings-growth ratio of 2.04 and a beta of 0.70. The firm has a 50-day moving average price of $140.20 and a two-hundred day moving average price of $130.65. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period in the prior year, the business earned $1.62 earnings per share. The company’s quarterly revenue was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, research analysts expect that Jacobs Solutions Inc. will post 7.26 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, August 21st. Jacobs Solutions’s dividend payout ratio is 51.06%.

About Jacobs Solutions

Jacobs Solutions Inc (NYSE:J) is a global professional services and technical consulting company that provides engineering, design, consulting, program and construction management, and operations services. The company works with public- and private-sector clients on complex projects involving infrastructure, transportation, water, environmental services, energy, advanced manufacturing, life sciences, and other critical facilities.

Jacobs supports the planning, design, delivery, and operation of large-scale assets and systems.