Kepler Cheuvreux Suisse SA Purchases New Stake in Jacobs Solutions Inc. $J

Kepler Cheuvreux Suisse SA purchased a new stake in shares of Jacobs Solutions Inc. (NYSE:J) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 16,317 shares of the company’s stock, valued at approximately $2,161,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Forum Financial Management LP boosted its position in Jacobs Solutions by 2.0% during the third quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in Jacobs Solutions by 3.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock worth $337,000 after purchasing an additional 66 shares during the period. TD Private Client Wealth LLC boosted its position in Jacobs Solutions by 1.0% during the third quarter. TD Private Client Wealth LLC now owns 7,421 shares of the company’s stock worth $1,112,000 after purchasing an additional 73 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in Jacobs Solutions by 26.0% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 364 shares of the company’s stock worth $55,000 after purchasing an additional 75 shares during the period. Finally, Vident Advisory LLC boosted its position in Jacobs Solutions by 0.8% during the second quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock worth $1,287,000 after purchasing an additional 75 shares during the period. Institutional investors own 85.65% of the company’s stock.

Insider Activity

In other news, President Shannon Miller sold 1,440 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $134.13, for a total value of $193,147.20. Following the sale, the president directly owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This represents a 5.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on J shares. Robert W. Baird cut their target price on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Wells Fargo & Company cut their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday. Weiss Ratings lowered shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday. Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Citigroup increased their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $153.40.

Jacobs Solutions Trading Up 0.0%

Shares of Jacobs Solutions stock opened at $118.48 on Monday. Jacobs Solutions Inc. has a 12-month low of $118.38 and a 12-month high of $168.44. The company has a market cap of $13.99 billion, a price-to-earnings ratio of 36.79, a PEG ratio of 1.15 and a beta of 0.73. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24. The company’s 50-day moving average price is $129.64 and its 200-day moving average price is $137.46.

Jacobs Solutions (NYSE:J) last announced 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 net margin of 2.92% and a return on equity of 22.29%. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the prior year, the firm posted $1.43 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, equities analysts expect that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is presently 44.72%.

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.