Swiss National Bank Increases Position in Jacobs Solutions Inc. $J

Swiss National Bank grew its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 6.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 346,500 shares of the company’s stock after buying an additional 19,500 shares during the quarter. Swiss National Bank’s holdings in Jacobs Solutions were worth $44,103,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of J. Empowered Funds LLC increased its stake in Jacobs Solutions by 92.3% in the first quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock worth $812,000 after purchasing an additional 3,226 shares during the period. Woodline Partners LP boosted its stake in shares of Jacobs Solutions by 38.7% during the first quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after purchasing an additional 2,891 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Jacobs Solutions during the second quarter valued at $321,000. Baird Financial Group Inc. grew its holdings in shares of Jacobs Solutions by 1.7% in the second quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock worth $1,975,000 after purchasing an additional 248 shares during the last quarter. Finally, AXA S.A. grew its holdings in shares of Jacobs Solutions by 14.9% in the second quarter. AXA S.A. now owns 19,670 shares of the company’s stock worth $2,586,000 after purchasing an additional 2,556 shares during the last quarter. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Stock Performance

J stock opened at $130.69 on Thursday. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44. The business has a 50-day moving average price of $122.97 and a 200 day moving average price of $129.26. The company has a market capitalization of $15.43 billion, a P/E ratio of 40.59, a PEG ratio of 1.26 and a beta of 0.69. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.11. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. Jacobs Solutions’s revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, equities research analysts forecast that Jacobs Solutions Inc. will post 7.23 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Friday, May 22nd were issued a $0.36 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 44.72%.

Wall Street Analyst Weigh In

J has been the subject of a number of research analyst reports. Robert W. Baird decreased their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Weiss Ratings lowered shares of Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Citigroup lifted their price target on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada boosted their price target on Jacobs Solutions from $169.00 to $171.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Wells Fargo & Company dropped their price objective on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Jacobs Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $153.30.

Insider Buying and Selling at Jacobs Solutions

In other news, CEO Robert V. Pragada bought 3,601 shares of Jacobs Solutions stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the completion of the acquisition, the chief executive officer owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This trade represents a 1.09% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Manuel J. Fernandez purchased 403 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of $121.93 per share, with a total value of $49,137.79. Following the completion of the transaction, the director owned 12,251 shares of the company’s stock, valued at approximately $1,493,764.43. The trade was a 3.40% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders bought 4,257 shares of company stock valued at $477,651. Corporate 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.