National Pension Service Grows Stake in Jacobs Solutions Inc. $J

National Pension Service boosted its position in shares of Jacobs Solutions Inc. (NYSE:J) by 43.2% in the third quarter, Holdings Channel reports. The fund owned 24,478 shares of the company’s stock after purchasing an additional 7,383 shares during the quarter. National Pension Service’s holdings in Jacobs Solutions were worth $3,668,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of J. Primecap Management Co. CA grew its stake in shares of Jacobs Solutions by 2.1% during the 2nd quarter. Primecap Management Co. CA now owns 4,749,829 shares of the company’s stock valued at $624,365,000 after purchasing an additional 96,387 shares during the period. Ninety One UK Ltd grew its position in Jacobs Solutions by 20.4% during the third quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock valued at $460,016,000 after buying an additional 520,417 shares during the period. Invesco Ltd. increased its holdings in Jacobs Solutions by 21.4% during the second quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock valued at $342,738,000 after buying an additional 460,283 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Jacobs Solutions by 1.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,503,028 shares of the company’s stock valued at $381,687,000 after buying an additional 44,070 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in Jacobs Solutions by 15.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,954,861 shares of the company’s stock worth $256,966,000 after acquiring an additional 268,504 shares during the period. Institutional investors own 85.65% of the company’s stock.

Insider Activity at Jacobs Solutions

In other news, CFO Venkatesh Nathamuni purchased 750 shares of the business’s stock in a transaction on Monday, November 24th. The stock was acquired at an average price of $135.11 per share, for a total transaction of $101,332.50. Following the acquisition, the chief financial officer directly owned 20,785 shares of the company’s stock, valued at $2,808,261.35. This represents a 3.74% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Peter J. Robertson acquired 1,000 shares of Jacobs Solutions stock in a transaction on Monday, November 24th. The stock was purchased at an average cost of $134.76 per share, for a total transaction of $134,760.00. Following the purchase, the director owned 1,000 shares in the company, valued at approximately $134,760. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders bought 2,513 shares of company stock valued at $335,878. Insiders own 0.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on J shares. Wall Street Zen cut Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 25th. Barclays lifted their price target on shares of Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Wells Fargo & Company raised their price objective on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Royal Bank Of Canada dropped their target price on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, November 21st. Finally, Robert W. Baird cut Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Jacobs Solutions has a consensus rating of “Hold” and an average price target of $156.60.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $132.67 on Wednesday. The firm has a market cap of $15.67 billion, a price-to-earnings ratio of 54.82, a P/E/G ratio of 1.48 and a beta of 0.80. The firm has a fifty day moving average price of $136.59 and a 200 day moving average price of $144.73. Jacobs Solutions Inc. has a fifty-two week low of $106.23 and a fifty-two week high of $168.44. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.50 by $0.03. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $3.09 billion. During the same quarter in the previous year, the company earned $1.33 EPS. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, sell-side analysts expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 20th will be given a $0.36 dividend. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio (DPR) is presently 52.89%.

Jacobs Solutions 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.