Kepler Cheuvreux Suisse SA Purchases 4,880 Shares of Jacobs Solutions Inc. $J

Kepler Cheuvreux Suisse SA raised its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 29.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 21,197 shares of the company’s stock after purchasing an additional 4,880 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in Jacobs Solutions were worth $2,698,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of J. Ameriprise Financial Inc. raised its holdings in shares of Jacobs Solutions by 828.5% in the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after buying an additional 1,184,068 shares during the period. Focus Partners Wealth boosted its holdings in Jacobs Solutions by 246.3% during the 4th quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock valued at $177,324,000 after acquiring an additional 952,151 shares during the period. L1 Capital International Pty Ltd boosted its holdings in Jacobs Solutions by 363.6% during the 4th quarter. L1 Capital International Pty Ltd now owns 723,533 shares of the company’s stock valued at $95,839,000 after acquiring an additional 567,478 shares during the period. Morgan Stanley grew its position in Jacobs Solutions by 19.5% in the 4th quarter. Morgan Stanley now owns 3,379,681 shares of the company’s stock valued at $447,673,000 after acquiring an additional 552,277 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in Jacobs Solutions by 68.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after acquiring an additional 525,291 shares during the last quarter. Institutional investors own 85.65% of the company’s stock.

Insider Buying and Selling

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

Jacobs Solutions Trading Down 0.1%

J opened at $127.80 on Friday. The stock’s fifty day moving average is $121.44 and its two-hundred day moving average is $129.76. The company has a market capitalization of $15.09 billion, a P/E ratio of 39.69, a PEG ratio of 1.24 and a beta of 0.69. Jacobs Solutions Inc. has a 52 week low of $105.68 and a 52 week high of $168.44. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The business’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Analysts forecast that Jacobs Solutions Inc. will post 7.23 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 22nd were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, May 22nd. Jacobs Solutions’s dividend payout ratio (DPR) is presently 44.72%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on J. Weiss Ratings lowered Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Truist Financial cut their price target on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a report on Thursday. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. KeyCorp reduced their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Finally, Citigroup lifted their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Jacobs Solutions has a consensus rating of “Moderate Buy” and an average price target of $153.10.

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.