Jacobs Solutions Inc. $J Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in shares of Jacobs Solutions Inc. (NYSE:J) by 10.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 984,366 shares of the company’s stock after selling 119,663 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Jacobs Solutions were worth $124,030,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new stake in Jacobs Solutions in the 3rd quarter valued at approximately $27,000. Wealth Watch Advisors INC purchased a new position in shares of Jacobs Solutions during the 3rd quarter worth approximately $33,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Jacobs Solutions during the 2nd quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new stake in shares of Jacobs Solutions in the 4th quarter valued at approximately $38,000. Finally, Compass Financial Management LLC acquired a new stake in shares of Jacobs Solutions in the 2nd quarter valued at approximately $43,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Insider Activity

In related news, President Patrick Hill sold 17,201 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the sale, the president directly owned 67,356 shares in the company, valued at $9,705,999.60. The trade was a 20.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.48% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on J. UBS Group upped their price objective on Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Wells Fargo & Company reduced their target price on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Weiss Ratings upgraded shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Citigroup upped their price target on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada increased their price target on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $153.70.

Jacobs Solutions Stock Performance

NYSE J opened at $146.24 on Wednesday. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44. The company has a market capitalization of $17.27 billion, a P/E ratio of 51.86, a PEG ratio of 1.44 and a beta of 0.68. The business has a 50 day moving average price of $137.15 and a 200 day moving average price of $130.14. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29.

Jacobs Solutions (NYSE:J) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.Jacobs Solutions’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Sell-side analysts expect that Jacobs Solutions Inc. will post 7.26 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s payout ratio is 51.06%.

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.