Jacobs Solutions Inc. $J Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership lifted its holdings in Jacobs Solutions Inc. (NYSE:J) by 350.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 552,594 shares of the company’s stock after acquiring an additional 429,880 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.46% of Jacobs Solutions worth $72,638,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Costello Asset Management INC acquired a new position in Jacobs Solutions during the second quarter valued at $43,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Jacobs Solutions during the 2nd quarter valued at about $44,000. Ransom Advisory Ltd acquired a new position in shares of Jacobs Solutions in the 2nd quarter valued at about $53,000. Colonial Trust Advisors purchased a new stake in shares of Jacobs Solutions in the first quarter worth about $51,000. Finally, True Wealth Design LLC boosted its stake in shares of Jacobs Solutions by 30.7% in the second quarter. True Wealth Design LLC now owns 447 shares of the company’s stock worth $59,000 after buying an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Barclays lifted their price target on Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Citigroup cut their target price on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a report on Friday, November 21st. The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a report on Monday, November 24th. They set a “buy” rating and a $158.00 price target on the stock. KeyCorp lifted their price objective on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Finally, Truist Financial decreased their price objective on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a research report on Friday, November 21st. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $155.90.

Jacobs Solutions Stock Up 1.5%

Shares of J opened at $140.79 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30. Jacobs Solutions Inc. has a one year low of $106.23 and a one year high of $168.44. The stock has a market capitalization of $16.72 billion, a price-to-earnings ratio of 58.18, a PEG ratio of 1.51 and a beta of 0.81. The stock has a 50 day moving average price of $150.61 and a 200 day moving average price of $142.45.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $3.14 billion. During the same quarter last year, the firm posted $1.37 EPS. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities research analysts forecast that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The firm 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. This represents a $1.28 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio is currently 52.89%.

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, CFO Venkatesh Nathamuni acquired 750 shares of the business’s stock in a transaction on Monday, November 24th. The stock was bought at an average price of $135.11 per share, for a total transaction of $101,332.50. Following the acquisition, the chief financial officer owned 20,785 shares in the company, valued at approximately $2,808,261.35. The trade was a 3.74% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Manuel J. Fernandez bought 763 shares of the stock in a transaction dated Monday, November 24th. The shares were bought at an average price of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the acquisition, the director owned 10,380 shares in the company, valued at approximately $1,357,496.40. The trade was a 7.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders acquired 2,513 shares of company stock worth $335,878. Insiders own 0.38% of the company’s stock.

Jacobs Solutions Company 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.