UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $81.67 Million Stake in Jacobs Solutions Inc. $J

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Jacobs Solutions Inc. (NYSE:J) by 0.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 675,604 shares of the company’s stock after buying an additional 1,772 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.56% of Jacobs Solutions worth $81,674,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of Jacobs Solutions in the 1st quarter valued at approximately $43,251,000. Vontobel Holding Ltd. boosted its stake in shares of Jacobs Solutions by 639.3% in the 1st quarter. Vontobel Holding Ltd. now owns 342,251 shares of the company’s stock valued at $41,375,000 after purchasing an additional 295,957 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Jacobs Solutions by 22,889.3% in the 1st quarter. GAMMA Investing LLC now owns 275,871 shares of the company’s stock valued at $33,350,000 after purchasing an additional 274,671 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Jacobs Solutions by 27.7% in the 4th quarter. Royal Bank of Canada now owns 1,046,806 shares of the company’s stock valued at $139,875,000 after purchasing an additional 227,047 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in shares of Jacobs Solutions by 554.7% in the 4th quarter. Squarepoint Ops LLC now owns 256,532 shares of the company’s stock valued at $34,278,000 after purchasing an additional 217,350 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Stock Down 1.4%

Shares of NYSE J opened at $146.72 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. Jacobs Solutions Inc. has a 1 year low of $106.23 and a 1 year high of $152.40. The company has a 50 day simple moving average of $143.41 and a 200 day simple moving average of $130.67. The firm has a market cap of $17.54 billion, a PE ratio of 36.59, a price-to-earnings-growth ratio of 2.02 and a beta of 0.79.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, August 5th. The company reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.06. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The firm had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the business earned $1.96 EPS. The company’s revenue was down 28.4% compared to the same quarter last year. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. On average, research analysts forecast that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, August 22nd will be issued a dividend of $0.32 per share. The ex-dividend date is Friday, August 22nd. This represents a $1.28 annualized dividend and a yield of 0.9%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 31.92%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on J shares. UBS Group raised their price target on shares of Jacobs Solutions from $152.00 to $166.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. KeyCorp raised their price objective on shares of Jacobs Solutions from $155.00 to $157.00 and gave the company an “overweight” rating in a report on Wednesday, August 6th. Finally, Citigroup raised their price objective on shares of Jacobs Solutions from $147.47 to $166.00 and gave the company a “buy” rating in a report on Monday, July 28th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $155.25.

About Jacobs Solutions

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.