SFE Investment Counsel Acquires 6,196 Shares of Jacobs Solutions Inc. $J

SFE Investment Counsel raised its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 12.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 55,203 shares of the company’s stock after purchasing an additional 6,196 shares during the period. SFE Investment Counsel’s holdings in Jacobs Solutions were worth $7,312,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Ninety One UK Ltd grew its holdings in shares of Jacobs Solutions by 2.8% during the fourth quarter. Ninety One UK Ltd now owns 3,156,313 shares of the company’s stock valued at $418,085,000 after buying an additional 86,677 shares during the last quarter. Boston Partners grew its holdings in shares of Jacobs Solutions by 3.7% during the third quarter. Boston Partners now owns 3,040,383 shares of the company’s stock valued at $456,746,000 after buying an additional 108,134 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Jacobs Solutions by 9.4% during the third quarter. Bank of America Corp DE now owns 2,070,799 shares of the company’s stock valued at $310,330,000 after buying an additional 178,753 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Jacobs Solutions by 15.9% during the third quarter. Ameriprise Financial Inc. now owns 1,537,462 shares of the company’s stock valued at $230,406,000 after buying an additional 210,474 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Jacobs Solutions by 68.8% during 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 last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on J. Robert W. Baird cut their price target on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Weiss Ratings cut shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. KeyCorp cut their price target 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, Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.40.

Insider Activity at Jacobs Solutions

In related news, Director Manuel J. Fernandez bought 403 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the completion of the acquisition, the director owned 12,251 shares of the company’s stock, valued at $1,493,764.43. This trade represents a 3.40% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the sale, the president owned 25,344 shares in the company, valued at $3,399,390.72. This represents a 5.38% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.48% of the company’s stock.

Jacobs Solutions Trading Down 6.2%

Shares of J stock opened at $107.08 on Thursday. Jacobs Solutions Inc. has a 12-month low of $105.68 and a 12-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. The firm’s 50 day moving average is $127.78 and its 200 day moving average is $136.13. The stock has a market capitalization of $12.64 billion, a P/E ratio of 33.25, a P/E/G ratio of 1.11 and a beta of 0.73.

Jacobs Solutions (NYSE:J) last issued its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter last year, the company posted $1.43 earnings per share. The firm’s quarterly 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. Research analysts expect that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

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 issued a $0.36 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.44 annualized dividend and a yield of 1.3%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 44.72%.

Jacobs Solutions 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.