Cerity Partners LLC Purchases 3,781 Shares of Jacobs Solutions Inc. $J

Cerity Partners LLC grew its position in shares of Jacobs Solutions Inc. (NYSE:J) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 107,411 shares of the company’s stock after acquiring an additional 3,781 shares during the period. Cerity Partners LLC owned about 0.09% of Jacobs Solutions worth $16,097,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of J. Ameriprise Financial Inc. increased its holdings in Jacobs Solutions by 828.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after purchasing an additional 1,184,068 shares during the period. AQR Capital Management LLC grew its position in shares of Jacobs Solutions by 68.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock worth $168,194,000 after buying an additional 525,291 shares during the last quarter. Ninety One UK Ltd increased its stake in shares of Jacobs Solutions by 20.4% during the third quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock valued at $460,016,000 after buying an additional 520,417 shares during the period. Invesco Ltd. raised its holdings in shares of Jacobs Solutions by 21.4% during the second quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock valued at $342,738,000 after acquiring an additional 460,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Jacobs Solutions by 350.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock valued at $72,638,000 after acquiring an additional 429,880 shares in the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Jacobs Solutions Price Performance

Shares of J opened at $139.96 on Friday. The stock has a market cap of $16.53 billion, a PE ratio of 57.83, a price-to-earnings-growth ratio of 1.51 and a beta of 0.81. 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 fifty-two week low of $106.23 and a fifty-two week high of $168.44. The firm’s 50-day simple moving average is $140.01 and its two-hundred day simple moving average is $144.06.

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

Jacobs Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio is currently 52.89%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on J shares. Citigroup reduced their price objective on shares of 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 boosted their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Truist Financial lowered their price objective on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. Bank of America cut their price objective on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Finally, Royal Bank Of Canada decreased their target price on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.90.

Insider Activity

In related news, Director Peter J. Robertson purchased 1,000 shares of the stock in a transaction dated Monday, November 24th. The stock was purchased at an average price of $134.76 per share, with a total value of $134,760.00. Following the transaction, the director directly owned 1,000 shares in the company, valued at $134,760. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Manuel J. Fernandez purchased 763 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average price of $130.78 per share, for a total transaction of $99,785.14. Following the purchase, the director owned 10,380 shares in the company, valued at $1,357,496.40. This represents a 7.93% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 2,513 shares of company stock worth $335,878 over the last three months. 0.48% of the stock is currently owned by corporate insiders.

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.