64,534 Jacobs Solutions Inc. $J Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG cut its position in Jacobs Solutions Inc. (NYSE:J) by 21.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 239,037 shares of the company’s stock after selling 64,534 shares during the period. Robeco Schweiz AG’s holdings in Jacobs Solutions were worth $32,335,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Jacobs Solutions in the 2nd quarter valued at $1,372,610,000. Primecap Management Co. CA bought a new stake in shares of Jacobs Solutions in the 2nd quarter valued at $575,291,000. Bank of America Corp DE bought a new stake in shares of Jacobs Solutions in the 2nd quarter valued at $208,318,000. Caisse de depot et placement du Quebec acquired a new stake in Jacobs Solutions during the 2nd quarter worth $118,783,000. Finally, Amundi raised its stake in Jacobs Solutions by 4.0% during the 2nd quarter. Amundi now owns 883,673 shares of the company’s stock worth $111,328,000 after buying an additional 34,298 shares during the period. 85.65% of the stock is owned by institutional investors.

Insider Activity at Jacobs Solutions

In other news, President Patrick Hill sold 17,201 shares of the company’s 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 completion of the transaction, the president directly owned 67,356 shares of the company’s stock, valued at $9,705,999.60. This represents a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.48% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. KeyCorp decreased their target price on Jacobs Solutions from $168.00 to $166.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. Royal Bank Of Canada increased their price target on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Truist Financial dropped their price target on Jacobs Solutions from $161.00 to $160.00 and set a “hold” rating on the stock in a research report on Monday, October 5th. Weiss Ratings upgraded Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Finally, Citigroup boosted their price objective on Jacobs Solutions from $181.00 to $188.00 and gave the company a “buy” rating in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $156.78.

Jacobs Solutions Trading Down 0.8%

Shares of NYSE:J opened at $145.10 on Friday. The firm has a market cap of $17.13 billion, a price-to-earnings ratio of 51.46, a PEG ratio of 1.82 and a beta of 0.72. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The company’s fifty day simple moving average is $143.17 and its 200 day simple moving average is $132.57. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. The firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, research analysts forecast that Jacobs Solutions Inc. will post 7.24 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, August 21st were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, August 21st. Jacobs Solutions’s payout ratio is 51.06%.

Jacobs Solutions Company Profile

Jacobs Solutions Inc (NYSE:J) is a global technical, professional and consulting services provider serving government and commercial clients. The company helps organizations plan, design, deliver and operate complex infrastructure and mission-critical programs, with expertise spanning advanced manufacturing, transportation, water, environmental services, energy, life sciences, space and national security.

Through its consulting and engineering operations, Jacobs provides services such as program and project management, engineering and design, architecture, environmental planning, digital solutions and operational support.