Swiss Life Asset Management Ltd Boosts Position in Jacobs Solutions Inc. $J

Swiss Life Asset Management Ltd boosted its position in Jacobs Solutions Inc. (NYSE:J) by 33.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,394 shares of the company’s stock after purchasing an additional 5,907 shares during the period. Swiss Life Asset Management Ltd’s holdings in Jacobs Solutions were worth $3,506,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its stake in shares of Jacobs Solutions by 828.5% in the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after buying an additional 1,184,068 shares during the period. AQR Capital Management LLC grew its stake in shares of Jacobs Solutions by 68.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after acquiring an additional 525,291 shares during the period. Ninety One UK Ltd lifted its stake in shares of Jacobs Solutions by 20.4% during the 3rd 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 in the last quarter. Invesco Ltd. lifted its stake in shares of Jacobs Solutions by 21.4% during the 2nd quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock valued at $342,738,000 after buying an additional 460,283 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Jacobs Solutions by 350.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock worth $72,638,000 after buying an additional 429,880 shares during the period. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Price Performance

Shares of J stock opened at $128.28 on Monday. Jacobs Solutions Inc. has a fifty-two week low of $106.23 and a fifty-two week high of $168.44. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market capitalization of $15.07 billion, a price-to-earnings ratio of 35.14, a PEG ratio of 1.33 and a beta of 0.78. The stock’s 50-day simple moving average is $136.80 and its 200-day simple moving average is $142.63.

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

Jacobs Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 20th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date was Friday, February 20th. Jacobs Solutions’s dividend payout ratio (DPR) is currently 39.45%.

Analyst Ratings Changes

Several analysts have commented on the stock. Wall Street Zen upgraded shares of Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Wells Fargo & Company lifted their price objective on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Finally, The Goldman Sachs Group assumed coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They set a “buy” rating and a $158.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Jacobs Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $156.60.

Insiders Place Their Bets

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares of the company’s stock, valued at $3,399,390.72. This trade represents a 5.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.48% of the company’s stock.

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.