Deutsche Bank AG Invests $83.49 Million in Jacobs Solutions Inc. $J

Deutsche Bank AG purchased a new position in shares of Jacobs Solutions Inc. (NYSE:J) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 662,617 shares of the company’s stock, valued at approximately $83,490,000.

Several other hedge funds also recently added to or reduced their stakes in J. Vident Advisory LLC raised its position in Jacobs Solutions by 0.8% in the 2nd quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock worth $1,287,000 after purchasing an additional 75 shares during the period. Gratus Wealth Advisors LLC boosted its position in shares of Jacobs Solutions by 1.3% during the fourth quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock valued at $820,000 after buying an additional 81 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its position in shares of Jacobs Solutions by 0.7% during the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company’s stock valued at $1,585,000 after buying an additional 81 shares during the period. Parallel Advisors LLC boosted its position in shares of Jacobs Solutions by 10.4% during the third quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock valued at $137,000 after buying an additional 86 shares during the period. Finally, Kestra Private Wealth Services LLC grew its stake in shares of Jacobs Solutions by 2.2% during the third quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company’s stock valued at $661,000 after buying an additional 93 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors.

Jacobs Solutions Price Performance

Shares of J stock opened at $148.00 on Friday. The company has a market capitalization of $17.48 billion, a P/E ratio of 52.48, a P/E/G ratio of 1.42 and a beta of 0.68. The company’s 50-day simple moving average is $132.73 and its two-hundred day simple moving average is $129.77. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44. 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 quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.01. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, equities analysts anticipate that Jacobs Solutions Inc. will post 7.26 EPS for the current year.

Jacobs Solutions Dividend Announcement

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. The ex-dividend date is Friday, August 21st. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 51.06%.

Analysts Set New Price Targets

J has been the topic of several recent analyst reports. Wells Fargo & Company reduced their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Royal Bank Of Canada upped their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Citigroup increased their target price on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, UBS Group lifted their target price on Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.70.

Insider Activity at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $144.10, for a total value of $2,478,664.10. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.48% of the company’s stock.

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.