Boston Partners Trims Position in Jacobs Solutions Inc. $J

Boston Partners decreased its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 19.5% during the fourth quarter, HoldingsChannel reports. The firm owned 2,447,880 shares of the company’s stock after selling 592,503 shares during the period. Boston Partners’ holdings in Jacobs Solutions were worth $325,134,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in J. Measured Wealth Private Client Group LLC bought a new stake in shares of Jacobs Solutions in the 3rd quarter valued at about $27,000. Princeton Global Asset Management LLC acquired a new stake in Jacobs Solutions in the 4th quarter worth approximately $30,000. Central Pacific Bank Trust Division purchased a new position in Jacobs Solutions during the 4th quarter worth approximately $31,000. Wealth Watch Advisors INC purchased a new position in Jacobs Solutions during the 3rd quarter worth approximately $33,000. Finally, International Assets Investment Management LLC purchased a new position in Jacobs Solutions during the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, CEO Robert V. Pragada acquired 3,601 shares of the business’s stock in a transaction on Friday, May 15th. The stock was purchased at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the completion of the transaction, the chief executive officer owned 333,755 shares of the company’s stock, valued at $37,076,842.95. The trade was a 1.09% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Manuel J. Fernandez acquired 253 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average price of $112.56 per share, with a total value of $28,477.68. Following the transaction, the director directly owned 12,504 shares of the company’s stock, valued at $1,407,450.24. This represents a 2.07% 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. Corporate insiders own 0.48% of the company’s stock.

Analyst Upgrades and Downgrades

J has been the subject of several recent research reports. Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Wells Fargo & Company dropped their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. 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. Citigroup upped their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings lowered shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $153.40.

Jacobs Solutions Price Performance

J stock opened at $127.10 on Friday. The company has a market capitalization of $15.01 billion, a P/E ratio of 39.47, a PEG ratio of 1.23 and a beta of 0.69. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44. The business has a 50 day simple moving average of $122.54 and a 200-day simple moving average of $131.08. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 earnings per share 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 the consensus estimate of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The company’s revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, equities analysts anticipate that Jacobs Solutions Inc. will post 7.22 EPS for the current year.

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. 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.