18,435 Jacobs Solutions Inc. $J Shares Sold by Ninety One North America Inc.

Ninety One North America Inc. trimmed its position in Jacobs Solutions Inc. (NYSE:J) by 42.7% during the third quarter, Holdings Channel.com reports. The firm owned 24,725 shares of the company’s stock after selling 18,435 shares during the period. Ninety One North America Inc.’s holdings in Jacobs Solutions were worth $3,345,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of J. NBH Bank purchased a new stake in shares of Jacobs Solutions during the 2nd quarter worth $28,000. Continuum Advisory LLC purchased a new position in Jacobs Solutions in the second quarter valued at $28,000. Keating Financial Advisory Services Inc. purchased a new position in Jacobs Solutions in the second quarter valued at $30,000. Compass Financial Management LLC acquired a new stake in Jacobs Solutions in the second quarter valued at $43,000. Finally, Mather Group LLC. raised its stake in Jacobs Solutions by 79.7% in the third quarter. Mather Group LLC. now owns 345 shares of the company’s stock valued at $47,000 after buying an additional 153 shares in the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

J has been the subject of a number of recent analyst reports. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. Truist Financial dropped their price objective on Jacobs Solutions from $161.00 to $160.00 and set a “hold” rating on the stock in a report on Monday, October 5th. UBS Group increased their price objective on Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a report on Monday, August 10th. Royal Bank Of Canada raised their target price on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Weiss Ratings upgraded Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.40.

Jacobs Solutions Stock Down 1.2%

Shares of Jacobs Solutions stock traded down $1.73 during trading hours on Thursday, hitting $140.28. The company had a trading volume of 272,618 shares, compared to its average volume of 1,001,112. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29. The company’s 50-day moving average is $143.64 and its two-hundred day moving average is $131.86. The company has a market cap of $16.56 billion, a P/E ratio of 49.69, a price-to-earnings-growth ratio of 1.78 and a beta of 0.72. Jacobs Solutions Inc. has a twelve month low of $105.68 and a twelve month high of $168.44.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period last year, the business earned $1.62 EPS. Jacobs Solutions’s revenue for the quarter was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Analysts anticipate that Jacobs Solutions Inc. will post 7.25 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, August 21st were issued a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 51.06%.

Insider Activity

In other news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the sale, the president owned 67,356 shares in the company, valued at approximately $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Profile

Jacobs Solutions Inc (NYSE:J), formerly known as Jacobs Engineering Group, is a global professional services and technology company that provides consulting, design, engineering, project management, and technical services. The company supports public- and private-sector clients with complex projects involving infrastructure, transportation, water, environmental remediation, advanced manufacturing, life sciences, energy, and other critical facilities.

Jacobs helps clients plan, design, build, operate, and maintain assets and systems.