Natixis Advisors LLC Purchases 41,740 Shares of Jacobs Solutions Inc. $J

Natixis Advisors LLC boosted its position in shares of Jacobs Solutions Inc. (NYSE:J) by 6.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 658,139 shares of the company’s stock after buying an additional 41,740 shares during the period. Natixis Advisors LLC owned approximately 0.55% of Jacobs Solutions worth $98,629,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC boosted its position in shares of Jacobs Solutions by 92.3% during the 1st quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock worth $812,000 after acquiring an additional 3,226 shares in the last quarter. Woodline Partners LP raised its position in 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 in the last quarter. Sivia Capital Partners LLC acquired a new position in Jacobs Solutions during the second quarter valued at approximately $321,000. Assetmark Inc. lifted its stake in Jacobs Solutions by 54.0% during the second quarter. Assetmark Inc. now owns 559 shares of the company’s stock worth $73,000 after purchasing an additional 196 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its stake in Jacobs Solutions by 4.9% during the second quarter. Resona Asset Management Co. Ltd. now owns 39,405 shares of the company’s stock worth $5,171,000 after purchasing an additional 1,834 shares during the last quarter. 85.65% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on J shares. The Goldman Sachs Group assumed coverage on Jacobs Solutions in a research note on Monday, November 24th. They issued a “buy” rating and a $158.00 price target on the stock. Robert W. Baird downgraded Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Citigroup reduced their price objective on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Bank of America decreased their target price on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Finally, Royal Bank Of Canada lowered their target price on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, November 21st. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $156.60.

Jacobs Solutions Stock Performance

NYSE:J opened at $136.88 on Monday. 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 fifty-two week low of $106.23 and a fifty-two week high of $168.44. The company has a 50 day simple moving average of $138.01 and a two-hundred day simple moving average of $143.80. The company has a market capitalization of $16.08 billion, a PE ratio of 37.50, a P/E/G ratio of 1.41 and a beta of 0.78.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the previous year, the company earned $1.33 EPS. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Research analysts anticipate 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. Shareholders of record on Friday, February 20th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, February 20th. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio (DPR) is 39.45%.

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.