Massachusetts Financial Services Co. MA Reduces Holdings in Jacobs Solutions Inc. $J

Massachusetts Financial Services Co. MA lessened its position in shares of Jacobs Solutions Inc. (NYSE:J) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,911,961 shares of the company’s stock after selling 42,900 shares during the quarter. Massachusetts Financial Services Co. MA owned about 1.60% of Jacobs Solutions worth $286,526,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Empowered Funds LLC raised its position in Jacobs Solutions by 92.3% in the first quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after purchasing an additional 3,226 shares during the period. Woodline Partners LP increased its position in shares of Jacobs Solutions by 38.7% during the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock worth $1,252,000 after purchasing an additional 2,891 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Jacobs Solutions during the 2nd quarter worth about $321,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Jacobs Solutions by 3.0% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 13,569 shares of the company’s stock valued at $1,784,000 after buying an additional 390 shares during the period. Finally, IFM Investors Pty Ltd lifted its position in Jacobs Solutions by 8.5% in the second quarter. IFM Investors Pty Ltd now owns 21,711 shares of the company’s stock valued at $2,854,000 after buying an additional 1,704 shares during the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Jacobs Solutions

In other news, Director Peter J. Robertson bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average cost of $134.76 per share, for a total transaction of $134,760.00. Following the completion of the purchase, the director owned 1,000 shares of the company’s stock, valued at approximately $134,760. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Venkatesh Nathamuni bought 750 shares of Jacobs Solutions stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average cost of $135.11 per share, for a total transaction of $101,332.50. Following the acquisition, the chief financial officer owned 20,785 shares of the company’s stock, valued at $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. Insiders have purchased 2,513 shares of company stock valued at $335,878 in the last quarter. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

Jacobs Solutions stock opened at $139.98 on Tuesday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.61. Jacobs Solutions Inc. has a 52-week low of $106.23 and a 52-week high of $168.44. The firm has a market cap of $16.53 billion, a PE ratio of 57.84, a price-to-earnings-growth ratio of 1.53 and a beta of 0.81. The company’s 50 day moving average is $138.29 and its two-hundred day moving average is $144.63.

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

Jacobs Solutions Announces Dividend

The business also recently declared 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. The ex-dividend date was Tuesday, December 2nd. This represents a $1.28 annualized dividend and a yield of 0.9%. Jacobs Solutions’s dividend payout ratio is 52.89%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on J shares. Barclays lifted their price target on shares of Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Royal Bank Of Canada lowered their price objective on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. Citigroup cut 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. Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Finally, Baird R W cut Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $155.90.

About Jacobs Solutions

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.