Vontobel Holding Ltd. Buys 15,927 Shares of Jacobs Solutions Inc. $J

Vontobel Holding Ltd. lifted its stake in Jacobs Solutions Inc. (NYSE:JFree Report) by 4.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 361,112 shares of the company’s stock after purchasing an additional 15,927 shares during the quarter. Vontobel Holding Ltd.’s holdings in Jacobs Solutions were worth $47,833,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in J. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions in the third quarter worth about $27,000. Princeton Global Asset Management LLC bought a new position in shares of Jacobs Solutions in the fourth quarter worth about $30,000. Central Pacific Bank Trust Division purchased a new stake in shares of Jacobs Solutions during the fourth quarter worth about $31,000. Wealth Watch Advisors INC purchased a new stake in shares of Jacobs Solutions during the third quarter worth about $33,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Jacobs Solutions during the fourth quarter worth about $38,000. Institutional investors own 85.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on J shares. Citigroup increased their target price on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Robert W. Baird cut their target price on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Weiss Ratings cut Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada reiterated an “outperform” rating and set a $169.00 target price on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Finally, Wells Fargo & Company cut their target price on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $153.40.

Check Out Our Latest Report on J

Insider Buying and Selling at Jacobs Solutions

In other news, CEO Robert V. Pragada purchased 3,601 shares of the company’s stock in a transaction on Friday, May 15th. The shares were acquired at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the purchase, the chief executive officer owned 333,755 shares in the company, valued at $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Manuel J. Fernandez purchased 403 shares of the company’s stock in a transaction on Friday, May 8th. The shares were purchased at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the purchase, the director owned 12,251 shares in the company, valued at approximately $1,493,764.43. The trade was a 3.40% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders bought 4,257 shares of company stock valued at $477,651. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

Shares of Jacobs Solutions stock opened at $127.10 on Friday. The stock has a market cap of $15.01 billion, a price-to-earnings ratio of 39.47, a price-to-earnings-growth ratio of 1.23 and a beta of 0.69. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a 50 day moving average price of $122.54 and a 200-day moving average price of $131.08. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44.

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

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s payout ratio is presently 44.72%.

Jacobs Solutions Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)

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