ING Groep NV Has $2.05 Million Stock Holdings in Jacobs Solutions Inc. $J

ING Groep NV lifted its stake in shares of Jacobs Solutions Inc. (NYSE:J) by 63.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,448 shares of the company’s stock after purchasing an additional 5,995 shares during the period. ING Groep NV’s holdings in Jacobs Solutions were worth $2,046,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Measured Wealth Private Client Group LLC acquired a new position in Jacobs Solutions during the third quarter valued at $27,000. Wealth Watch Advisors INC acquired a new position in Jacobs Solutions during the third quarter valued at $33,000. Princeton Global Asset Management LLC acquired a new position in Jacobs Solutions during the fourth quarter valued at $30,000. Central Pacific Bank Trust Division acquired a new position in Jacobs Solutions during the fourth quarter valued at $31,000. Finally, International Assets Investment Management LLC acquired a new position in Jacobs Solutions during the fourth quarter valued at $38,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. KeyCorp dropped their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Royal Bank Of Canada reissued an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Wells Fargo & Company dropped their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Finally, Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Jacobs Solutions has a consensus rating of “Moderate Buy” and an average target price of $153.40.

Insider Activity

In other news, Director Manuel J. Fernandez purchased 253 shares of Jacobs Solutions stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $112.56 per share, for a total transaction of $28,477.68. Following the acquisition, the director directly 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. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Robert V. Pragada purchased 3,601 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were bought at an average price of $111.09 per share, with a total value of $400,035.09. Following the purchase, the chief executive officer owned 333,755 shares in the company, valued at $37,076,842.95. This represents a 1.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 4,257 shares of company stock valued at $477,651. 0.48% of the stock is owned by corporate insiders.

Jacobs Solutions Stock Up 4.7%

Shares of Jacobs Solutions stock opened at $125.57 on Wednesday. The firm has a market cap of $14.83 billion, a price-to-earnings ratio of 39.00, a P/E/G ratio of 1.16 and a beta of 0.69. 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 Inc. has a 52-week low of $105.68 and a 52-week high of $168.44. The stock has a 50-day simple moving average of $122.63 and a 200-day simple moving average of $131.17.

Jacobs Solutions (NYSE:J) last announced 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 business had revenue of $2.33 billion during 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 was up 8.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, equities research analysts expect that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s payout ratio is currently 44.72%.

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.