Avanza Fonder AB Acquires New Shares in Jacobs Solutions Inc. $J

Avanza Fonder AB bought a new position in shares of Jacobs Solutions Inc. (NYSE:J) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 42,581 shares of the company’s stock, valued at approximately $5,640,000.

Several other institutional investors also recently bought and sold shares of J. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Jacobs Solutions by 103.3% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after acquiring an additional 95 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new position in Jacobs Solutions during the third quarter valued at approximately $27,000. Central Pacific Bank Trust Division acquired a new position in Jacobs Solutions during the fourth quarter valued at approximately $31,000. Godsey & Gibb Inc. raised its position in shares of Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after purchasing an additional 121 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in shares of Jacobs Solutions by 65.4% in the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock valued at $33,000 after purchasing an additional 87 shares during the period. 85.65% of the stock is currently owned by institutional investors.

Jacobs Solutions Stock Up 0.7%

J opened at $129.29 on Tuesday. The business has a 50 day moving average of $136.60 and a 200-day moving average of $142.52. The stock has a market capitalization of $15.18 billion, a price-to-earnings ratio of 35.42, a P/E/G ratio of 1.33 and a beta of 0.78. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72. Jacobs Solutions Inc. has a 1-year low of $106.23 and a 1-year high of $168.44.

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

Jacobs Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 20th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, February 20th. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s payout ratio is presently 39.45%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on J shares. Zacks Research raised 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 target price on shares of Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Wall Street Zen raised shares of Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 7th. The Goldman Sachs Group began coverage on shares of Jacobs Solutions in a report on Monday, November 24th. They set a “buy” rating and a $158.00 price target for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions presently has an average rating of “Moderate Buy” and an average target price of $156.60.

Insider Activity at Jacobs Solutions

In other news, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the transaction, the president owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This represents a 5.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate 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.