Teacher Retirement System of Texas Acquires 17,371 Shares of Jacobs Solutions Inc. $J

Teacher Retirement System of Texas boosted its holdings in Jacobs Solutions Inc. (NYSE:J) by 9.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 196,427 shares of the company’s stock after acquiring an additional 17,371 shares during the period. Teacher Retirement System of Texas’ holdings in Jacobs Solutions were worth $29,437,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its holdings in shares of Jacobs Solutions by 828.5% during the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after purchasing an additional 1,184,068 shares during the period. AQR Capital Management LLC boosted its stake in shares of Jacobs Solutions by 68.8% in the second quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after buying an additional 525,291 shares during the period. Ninety One UK Ltd grew its position in Jacobs Solutions by 20.4% during the third quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock worth $460,016,000 after buying an additional 520,417 shares in the last quarter. Invesco Ltd. grew its position in Jacobs Solutions by 21.4% during the second quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock worth $342,738,000 after buying an additional 460,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Jacobs Solutions by 350.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock worth $72,638,000 after acquiring an additional 429,880 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Insider Activity at Jacobs Solutions

In related news, Director Manuel J. Fernandez bought 763 shares of the business’s stock in a transaction on Monday, November 24th. The shares were purchased at an average price of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the transaction, the director directly owned 10,380 shares of the company’s stock, valued at approximately $1,357,496.40. This represents a 7.93% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Venkatesh Nathamuni bought 750 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were bought at an average cost of $135.11 per share, for a total transaction of $101,332.50. Following the purchase, the chief financial officer owned 20,785 shares of the company’s stock, valued at approximately $2,808,261.35. The trade was a 3.74% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 2,513 shares of company stock valued at $335,878 in the last quarter. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

Shares of J stock opened at $137.88 on Friday. The business has a fifty day simple moving average of $136.99 and a 200 day simple moving average of $144.62. The company has a market cap of $16.28 billion, a P/E ratio of 56.98, a P/E/G ratio of 1.53 and a beta of 0.81. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.61. Jacobs Solutions Inc. has a twelve month low of $106.23 and a twelve month high of $168.44.

Jacobs Solutions (NYSE:J) last issued its earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.67 by $0.08. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $3.14 billion. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. On average, sell-side analysts forecast that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 2nd were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio is currently 52.89%.

Wall Street Analyst Weigh In

J has been the subject of a number of recent analyst reports. KeyCorp upped their target price on Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Royal Bank Of Canada cut their price objective on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. Barclays raised their target price on shares of Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Finally, Robert W. Baird cut shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $156.60.

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.