Hikari Tsushin Inc. Has $5.09 Million Position in Jacobs Solutions Inc. $J

Hikari Tsushin Inc. lowered its holdings in Jacobs Solutions Inc. (NYSE:J) by 10.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 38,455 shares of the company’s stock after selling 4,345 shares during the period. Jacobs Solutions accounts for 0.3% of Hikari Tsushin Inc.’s portfolio, making the stock its 27th largest holding. Hikari Tsushin Inc.’s holdings in Jacobs Solutions were worth $5,094,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in J. Empowered Funds LLC lifted its stake in Jacobs Solutions by 92.3% during the first quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock worth $812,000 after purchasing an additional 3,226 shares during the period. Woodline Partners LP grew its stake in shares of Jacobs Solutions by 38.7% in the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after purchasing an additional 2,891 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Jacobs Solutions in the 2nd quarter worth approximately $321,000. Baird Financial Group Inc. lifted its position in shares of Jacobs Solutions by 1.7% during the 2nd quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock worth $1,975,000 after buying an additional 248 shares during the period. Finally, AXA S.A. lifted its position in shares of Jacobs Solutions by 14.9% during the 2nd quarter. AXA S.A. now owns 19,670 shares of the company’s stock worth $2,586,000 after buying an additional 2,556 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Insiders Place Their Bets

In other Jacobs Solutions news, CEO Robert V. Pragada purchased 3,601 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the acquisition, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This represents a 1.09% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Manuel J. Fernandez purchased 253 shares of Jacobs Solutions stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $112.56 per share, for a total transaction of $28,477.68. Following the transaction, the director owned 12,504 shares in the company, valued at $1,407,450.24. This represents a 2.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders bought 4,257 shares of company stock valued at $477,651. 0.48% of the stock is currently owned by corporate insiders.

Jacobs Solutions Stock Up 3.9%

Shares of J opened at $126.49 on Friday. The company has a market capitalization of $14.94 billion, a P/E ratio of 39.28, a PEG ratio of 1.18 and a beta of 0.69. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44. The business’s 50 day simple moving average is $122.56 and its 200-day simple moving average is $131.10. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the firm posted $1.43 EPS. The business’s revenue was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, sell-side analysts predict that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be paid a $0.36 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio (DPR) is 44.72%.

Analyst Upgrades and Downgrades

J has been the topic of several recent analyst reports. Wells Fargo & Company decreased their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Royal Bank Of Canada reissued an “outperform” rating and set a $169.00 price objective on shares of Jacobs Solutions in a report on Tuesday, May 19th. Robert W. Baird reduced their target price on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. KeyCorp lowered their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. 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 investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $153.40.

About Jacobs Solutions

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.