Aster Capital Management DIFC Ltd Makes New Investment in Jacobs Solutions Inc. $J

Aster Capital Management DIFC Ltd acquired a new position in shares of Jacobs Solutions Inc. (NYSE:J) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,728 shares of the company’s stock, valued at approximately $559,000.

Other institutional investors also recently modified their holdings of the company. Forum Financial Management LP grew its holdings in Jacobs Solutions by 2.0% in the third quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares during the period. Harfst & Associates Inc. boosted its position in shares of Jacobs Solutions by 0.5% during the 3rd quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock worth $1,891,000 after purchasing an additional 64 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its stake in shares of Jacobs Solutions by 3.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock valued at $337,000 after buying an additional 66 shares during the period. Blue Trust Inc. grew its stake in shares of Jacobs Solutions by 11.2% in the 3rd quarter. Blue Trust Inc. now owns 695 shares of the company’s stock valued at $104,000 after buying an additional 70 shares during the period. Finally, D.A. Davidson & CO. increased its position in Jacobs Solutions by 1.6% in the 2nd quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock valued at $584,000 after buying an additional 71 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Royal Bank Of Canada cut their price target on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Truist Financial lowered their target price on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. Citigroup reduced their price target on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Wells Fargo & Company boosted their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a report on Monday, December 29th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $156.60.

Jacobs Solutions Price Performance

Shares of NYSE J opened at $139.83 on Friday. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72. The stock has a fifty day simple moving average of $137.74 and a two-hundred day simple moving average of $144.31. Jacobs Solutions Inc. has a 1-year low of $106.23 and a 1-year high of $168.44. The firm has a market cap of $16.42 billion, a price-to-earnings ratio of 38.31, a price-to-earnings-growth ratio of 1.38 and a beta of 0.80.

Jacobs Solutions (NYSE:J) last issued its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.01. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The business’s revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Analysts anticipate that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th will be given a dividend of $0.36 per share. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio (DPR) is 39.45%.

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.