Jacobs Solutions Inc. $J Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Jacobs Solutions Inc. (NYSE:J) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 248,401 shares of the company’s stock after acquiring an additional 6,030 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Jacobs Solutions were worth $33,621,000 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. boosted its stake in shares of Jacobs Solutions by 2.2% in the third 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. Citigroup Inc. boosted its stake in shares of Jacobs Solutions by 34.2% in the third quarter. Citigroup Inc. now owns 138,833 shares of the company’s stock worth $20,806,000 after acquiring an additional 35,380 shares during the last quarter. Professional Advisory Services Inc. acquired a new stake in shares of Jacobs Solutions in the third quarter worth approximately $25,673,000. JPMorgan Chase & Co. boosted its stake in shares of Jacobs Solutions by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 617,718 shares of the company’s stock worth $92,575,000 after acquiring an additional 73,567 shares during the last quarter. Finally, Rakuten Investment Management Inc. acquired a new stake in shares of Jacobs Solutions in the third quarter worth approximately $4,429,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Jacobs Solutions

In other news, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the transaction, the president owned 25,344 shares of the company’s stock, valued at $3,399,390.72. This represents a 5.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.48% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on J shares. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Robert W. Baird lowered their price objective on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Royal Bank Of Canada boosted their price objective on Jacobs Solutions from $160.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday. Citigroup boosted their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Wells Fargo & Company lowered their price objective on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.40.

Jacobs Solutions Stock Performance

NYSE J opened at $118.48 on Friday. The stock’s fifty day moving average is $129.64 and its two-hundred day moving average is $137.46. The firm has a market capitalization of $13.99 billion, a P/E ratio of 36.79, a price-to-earnings-growth ratio of 1.15 and a beta of 0.73. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.33 and a current ratio of 1.43. Jacobs Solutions Inc. has a fifty-two week low of $118.38 and a fifty-two week high of $168.44.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data 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. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, research analysts anticipate that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The firm 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 $0.36 dividend. This represents a $1.44 annualized dividend 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 44.72%.

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.