American Century Companies Inc. Cuts Stock Holdings in Jacobs Solutions Inc. $J

American Century Companies Inc. lowered its position in shares of Jacobs Solutions Inc. (NYSE:J) by 9.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,887 shares of the company’s stock after selling 7,444 shares during the period. American Century Companies Inc. owned approximately 0.06% of Jacobs Solutions worth $9,187,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in J. Rhumbline Advisers increased its holdings in shares of Jacobs Solutions by 18.1% in the 2nd quarter. Rhumbline Advisers now owns 270,225 shares of the company’s stock worth $35,521,000 after purchasing an additional 41,410 shares in the last quarter. Mufg Securities Americas Inc. boosted its position in shares of Jacobs Solutions by 22.8% during the second quarter. Mufg Securities Americas Inc. now owns 2,663 shares of the company’s stock valued at $350,000 after buying an additional 494 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Jacobs Solutions by 82.1% during the second quarter. Franklin Resources Inc. now owns 112,559 shares of the company’s stock valued at $14,796,000 after buying an additional 50,756 shares during the last quarter. Neo Ivy Capital Management bought a new stake in Jacobs Solutions in the 2nd quarter worth about $125,000. Finally, JPMorgan Chase & Co. increased its holdings in Jacobs Solutions by 6.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 544,151 shares of the company’s stock worth $71,532,000 after buying an additional 33,625 shares in the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on J. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Truist Financial dropped their target price on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a report on Friday, November 21st. The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They issued a “buy” rating and a $158.00 target price for the company. Bank of America lowered their price target on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a report on Friday, November 28th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of $155.90.

Jacobs Solutions Trading Up 1.5%

NYSE:J opened at $140.79 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market capitalization of $16.72 billion, a price-to-earnings ratio of 58.18, a price-to-earnings-growth ratio of 1.51 and a beta of 0.81. Jacobs Solutions Inc. has a one year low of $106.23 and a one year high of $168.44. The business has a fifty day moving average price of $150.61 and a 200-day moving average price of $142.45.

Jacobs Solutions (NYSE:J) last released its earnings results on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.08. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same period in the previous year, the business earned $1.37 earnings per share. Jacobs Solutions’s quarterly revenue was up 6.6% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Sell-side analysts forecast that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 2nd will be paid a dividend of $0.32 per share. The ex-dividend date is Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.9%. Jacobs Solutions’s payout ratio is 52.89%.

Insider Buying and Selling

In other news, Director Manuel J. Fernandez purchased 763 shares of the company’s stock in a transaction on Monday, November 24th. The stock was acquired at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the transaction, the director directly owned 10,380 shares in the company, valued at $1,357,496.40. This trade represents a 7.93% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Peter J. Robertson acquired 1,000 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were purchased at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the completion of the transaction, the director directly owned 1,000 shares in the company, valued at approximately $134,760. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 2,513 shares of company stock valued at $335,878. 0.38% of the stock is owned by corporate insiders.

Jacobs Solutions Profile

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.