Jacobs Solutions Inc. $J Shares Sold by MUFG Securities EMEA plc

MUFG Securities EMEA plc lowered its position in shares of Jacobs Solutions Inc. (NYSE:J) by 69.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,906 shares of the company’s stock after selling 11,382 shares during the period. MUFG Securities EMEA plc’s holdings in Jacobs Solutions were worth $650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of Jacobs Solutions by 2.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 328,201 shares of the company’s stock worth $49,184,000 after acquiring an additional 7,072 shares during the last quarter. Kepler Cheuvreux Suisse SA purchased a new stake in Jacobs Solutions in the fourth quarter valued at approximately $2,161,000. Citigroup Inc. boosted its position in shares of Jacobs Solutions by 34.2% during the third quarter. Citigroup Inc. now owns 138,833 shares of the company’s stock worth $20,806,000 after buying an additional 35,380 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Jacobs Solutions by 737.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 159,189 shares of the company’s stock valued at $21,086,000 after buying an additional 140,179 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Jacobs Solutions by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 617,718 shares of the company’s stock valued at $92,575,000 after buying an additional 73,567 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Price Performance

J stock opened at $121.51 on Thursday. The business has a 50 day simple moving average of $123.07 and a 200-day simple moving average of $131.94. The company has a market capitalization of $14.35 billion, a P/E ratio of 37.74, a PEG ratio of 1.18 and a beta of 0.69. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share 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 during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the prior year, the business 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. As a group, equities analysts anticipate that Jacobs Solutions Inc. will post 7.22 EPS for the current year.

Jacobs Solutions Dividend Announcement

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 paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is 44.72%.

Analyst Upgrades and Downgrades

J has been the subject of several research reports. Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $169.00 target price on shares of Jacobs Solutions in a research note on Tuesday, May 19th. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Citigroup boosted their target price on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $153.40.

Insiders Place Their Bets

In other news, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the sale, the president owned 25,344 shares in the company, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert V. Pragada bought 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 transaction, the chief executive officer directly owned 333,755 shares in the company, valued at $37,076,842.95. This trade represents a 1.09% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders bought 4,257 shares of company stock worth $477,651. 0.48% of the stock is owned by insiders.

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.