Krilogy Financial LLC Invests $673,000 in Jacobs Solutions Inc. $J

Krilogy Financial LLC bought a new stake in shares of Jacobs Solutions Inc. (NYSE:J) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,314 shares of the company’s stock, valued at approximately $673,000.

A number of other institutional investors have also recently added to or reduced their stakes in J. Ameriprise Financial Inc. lifted its stake in shares of Jacobs Solutions by 828.5% during the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after purchasing an additional 1,184,068 shares in the last quarter. AQR Capital Management LLC lifted its position in Jacobs Solutions by 68.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock worth $168,194,000 after acquiring an additional 525,291 shares in the last quarter. Ninety One UK Ltd boosted its holdings in Jacobs Solutions by 20.4% in the 3rd quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock worth $460,016,000 after acquiring an additional 520,417 shares during the period. Invesco Ltd. grew its position in Jacobs Solutions by 21.4% in 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 stake 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 purchasing an additional 429,880 shares during the period. 85.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on J. Wells Fargo & Company upped their price objective on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Royal Bank Of Canada reduced their price target on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, November 21st. Citigroup dropped their price objective on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, November 21st. KeyCorp upped their target price on Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Finally, Truist Financial decreased their price target on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” 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 data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $156.60.

Jacobs Solutions Trading Up 0.9%

NYSE:J opened at $132.65 on Friday. The company has a market cap of $15.58 billion, a PE ratio of 36.34, a P/E/G ratio of 1.36 and a beta of 0.80. The business’s 50 day moving average is $137.58 and its two-hundred day moving average is $144.77. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $168.44.

Jacobs Solutions (NYSE:J) last posted its quarterly 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. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same period in the prior year, the company posted $1.33 EPS. The business’s revenue was up 12.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, analysts predict that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be issued a $0.36 dividend. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 35.07%.

Insider Activity at Jacobs Solutions

In other Jacobs Solutions news, CFO Venkatesh Nathamuni acquired 750 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was acquired at an average price of $135.11 per share, with a total value of $101,332.50. Following the transaction, the chief financial officer directly owned 20,785 shares in the company, valued at approximately $2,808,261.35. This represents a 3.74% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Manuel J. Fernandez bought 763 shares of the business’s stock in a transaction on Monday, November 24th. The stock was acquired at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the acquisition, the director directly owned 10,380 shares of the company’s stock, valued at $1,357,496.40. The trade was a 7.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 2,513 shares of company stock valued at $335,878 in the last quarter. 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.