13,692 Shares in Jacobs Solutions Inc. $J Purchased by Valen Private Capital LLC

Valen Private Capital LLC acquired a new position in shares of Jacobs Solutions Inc. (NYSE:J – Free Report) during the third quarter, HoldingsChannel reports. The firm acquired 13,692 shares of the company’s stock, valued at approximately $1,852,000.

Other large investors also recently made changes to their positions in the company. Corient Private Wealth LP bought a new stake in Jacobs Solutions during the second quarter worth $5,225,000. Amundi lifted its stake in Jacobs Solutions by 4.0% in the second quarter. Amundi now owns 883,673 shares of the company’s stock valued at $111,328,000 after acquiring an additional 34,298 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Jacobs Solutions in the 2nd quarter valued at about $37,046,000. Ancora Advisors LLC grew its position in shares of Jacobs Solutions by 34.9% in the 2nd quarter. Ancora Advisors LLC now owns 31,427 shares of the company’s stock valued at $3,960,000 after acquiring an additional 8,130 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Jacobs Solutions by 59.8% in the 1st quarter. NewEdge Advisors LLC now owns 44,267 shares of the company’s stock valued at $5,634,000 after acquiring an additional 16,571 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on J shares. KeyCorp lowered their price objective on shares of Jacobs Solutions from $168.00 to $166.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. UBS Group raised their target price on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Royal Bank Of Canada lifted their price target on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Citigroup boosted their price target on Jacobs Solutions from $181.00 to $188.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Weiss Ratings raised Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $156.78.

View Our Latest Analysis on Jacobs Solutions

Jacobs Solutions Stock Down 0.8%

J opened at $145.10 on Friday. The stock’s fifty day simple moving average is $143.17 and its 200 day simple moving average is $132.57. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44. The stock has a market cap of $17.13 billion, a PE ratio of 51.46, a price-to-earnings-growth ratio of 1.82 and a beta of 0.72. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10.

Jacobs Solutions (NYSE:J – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The firm had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the previous year, the business posted $1.62 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. 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 7.24 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

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

Insider Activity

In other news, President Patrick Hill sold 17,201 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the sale, the president owned 67,356 shares in the company, valued at approximately $9,705,999.60. This trade represents a 20.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Company Profile

(Free Report)

Jacobs Solutions Inc (NYSE:J) is a global technical, professional and consulting services provider serving government and commercial clients. The company helps organizations plan, design, deliver and operate complex infrastructure and mission-critical programs, with expertise spanning advanced manufacturing, transportation, water, environmental services, energy, life sciences, space and national security.

Through its consulting and engineering operations, Jacobs provides services such as program and project management, engineering and design, architecture, environmental planning, digital solutions and operational support.

Further Reading

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

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