MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 5,300 Shares of Jacobs Solutions Inc. $J

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 0.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 856,087 shares of the company’s stock after purchasing an additional 5,300 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Jacobs Solutions were worth $128,292,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of J. Cary Street Partners Investment Advisory LLC increased its stake in 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 purchasing an additional 95 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in 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 buying an additional 87 shares in the last quarter. Godsey & Gibb Inc. lifted its stake in 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 buying an additional 121 shares in the last quarter. Wealth Watch Advisors INC acquired a new position in shares of Jacobs Solutions in the third quarter valued at approximately $33,000. Finally, First Horizon Corp acquired a new position in shares of Jacobs Solutions in the third quarter valued at approximately $34,000. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Trading Up 0.7%

Jacobs Solutions stock opened at $128.94 on Tuesday. The stock has a 50-day simple moving average of $137.56 and a 200 day simple moving average of $143.09. The stock has a market capitalization of $15.14 billion, a P/E ratio of 35.33, a PEG ratio of 1.32 and a beta of 0.78. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $168.44.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data 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 firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter in the prior year, the company earned $1.33 earnings per share. The business’s revenue for the quarter 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. Analysts expect that Jacobs Solutions Inc. will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on J. Robert W. Baird lowered shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Citigroup lowered their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, November 21st. Bank of America reduced their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a 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 stock an “equal weight” rating in a research report on Friday, January 23rd. Finally, The Goldman Sachs Group assumed coverage on Jacobs Solutions in a report on Monday, November 24th. They issued a “buy” rating and a $158.00 price objective for the company. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $156.60.

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction on 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 directly owned 25,344 shares of the company’s stock, valued at $3,399,390.72. The trade was a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.48% of the stock is owned by corporate insiders.

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.