Taikang Asset Management Hong Kong Co Ltd Takes Position in Jacobs Solutions Inc. $J

Taikang Asset Management Hong Kong Co Ltd purchased a new position in shares of Jacobs Solutions Inc. (NYSE:J) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 25,227 shares of the company’s stock, valued at approximately $3,342,000.

Several other large investors have also bought and sold shares of the business. Measured Wealth Private Client Group LLC acquired a new position in Jacobs Solutions during the third quarter worth about $27,000. Wealth Watch Advisors INC acquired a new stake in shares of Jacobs Solutions in the 3rd quarter valued at approximately $33,000. Princeton Global Asset Management LLC acquired a new stake in shares of Jacobs Solutions in the 4th quarter valued at approximately $30,000. Central Pacific Bank Trust Division bought a new stake in shares of Jacobs Solutions during the 4th quarter valued at approximately $31,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Jacobs Solutions during the 4th quarter valued at approximately $38,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

J has been the subject of several research reports. KeyCorp dropped their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Royal Bank Of Canada reiterated an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a report on Tuesday, May 19th. Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Citigroup raised their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $153.40.

Jacobs Solutions Trading Up 0.3%

J opened at $124.95 on Wednesday. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a market capitalization of $14.75 billion, a price-to-earnings ratio of 38.80, a PEG ratio of 1.21 and a beta of 0.69. The company’s 50 day moving average price is $122.40 and its two-hundred day moving average price is $130.92.

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

Jacobs Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio (DPR) is currently 44.72%.

Insider Buying and Selling at Jacobs Solutions

In related news, Director Manuel J. Fernandez bought 403 shares of the business’s stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of $121.93 per share, with a total value of $49,137.79. Following the acquisition, the director owned 12,251 shares of the company’s stock, valued at $1,493,764.43. This represents a 3.40% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert V. Pragada purchased 3,601 shares of Jacobs Solutions stock in a transaction on Friday, May 15th. The stock was bought 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 approximately $37,076,842.95. The trade was a 1.09% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have purchased 4,257 shares of company stock valued at $477,651. 0.48% of the stock is owned by corporate insiders.

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.