4,800 Shares in Jacobs Solutions Inc. $J Purchased by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB acquired a new stake in shares of Jacobs Solutions Inc. (NYSE:J) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,800 shares of the company’s stock, valued at approximately $719,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Jacobs Solutions by 103.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares during the period. Costello Asset Management INC purchased a new position in Jacobs Solutions in the 2nd quarter valued at $43,000. Moisand Fitzgerald Tamayo LLC acquired a new position in Jacobs Solutions in the 2nd quarter valued at $44,000. CYBER HORNET ETFs LLC purchased a new position in Jacobs Solutions during the 2nd quarter worth $44,000. Finally, Ransom Advisory Ltd acquired a new stake in shares of Jacobs Solutions in the 2nd quarter worth $53,000. 85.65% of the stock is owned by institutional investors and hedge funds.

Jacobs Solutions Stock Performance

NYSE J opened at $135.31 on Friday. The business has a 50 day moving average price of $144.73 and a 200 day moving average price of $143.58. The company has a market capitalization of $15.98 billion, a P/E ratio of 55.91, a PEG ratio of 1.48 and a beta of 0.81. Jacobs Solutions Inc. has a 1-year low of $106.23 and a 1-year high of $168.44. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.30 and a quick ratio of 1.30.

Jacobs Solutions (NYSE:J) last posted its earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping 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 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 expect that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio (DPR) is 52.89%.

Wall Street Analysts Forecast Growth

J has been the topic of a number of recent analyst reports. Royal Bank Of Canada dropped their price target on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, November 21st. Citigroup dropped their target price on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. KeyCorp raised their price target on Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 22nd. Finally, Barclays increased their price objective on Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $155.90.

Insiders Place Their Bets

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