Lincluden Management Ltd. Has $6.36 Million Stake in Jacobs Solutions Inc. $J

Lincluden Management Ltd. boosted its holdings in shares of Jacobs Solutions Inc. (NYSE:J) by 14.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,445 shares of the company’s stock after buying an additional 5,443 shares during the period. Lincluden Management Ltd.’s holdings in Jacobs Solutions were worth $6,361,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in J. Ameriprise Financial Inc. boosted its stake in shares of Jacobs Solutions by 828.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after buying an additional 1,184,068 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Jacobs Solutions by 68.8% during the second quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after acquiring an additional 525,291 shares during the last quarter. Ninety One UK Ltd lifted its holdings in Jacobs Solutions by 20.4% during the third quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock worth $460,016,000 after acquiring an additional 520,417 shares during the period. Invesco Ltd. lifted its holdings in Jacobs Solutions by 21.4% during the second quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock worth $342,738,000 after acquiring an additional 460,283 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in Jacobs Solutions by 350.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock worth $72,638,000 after purchasing an additional 429,880 shares during the last quarter. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Price Performance

NYSE:J opened at $128.94 on Tuesday. The firm has a market capitalization of $15.14 billion, a price-to-earnings ratio of 35.33, a P/E/G ratio of 1.32 and a beta of 0.78. Jacobs Solutions Inc. has a 52-week low of $106.23 and a 52-week high of $168.44. The stock has a fifty day moving average of $137.56 and a 200 day moving average of $143.09. 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 (NYSE:J) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The company had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $3.09 billion. During the same period in the prior year, the business earned $1.33 earnings per share. Jacobs Solutions’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. On average, research analysts expect that Jacobs Solutions Inc. will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 20th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s payout ratio is 39.45%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Truist Financial reduced their target price on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a research report on Friday, November 21st. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Royal Bank Of Canada dropped their price objective on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, November 21st. The Goldman Sachs Group initiated coverage on Jacobs Solutions in a research report on Monday, November 24th. They issued a “buy” rating and a $158.00 target price for the company. Finally, Wells Fargo & Company boosted their target price on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Six research 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 presently has an average rating of “Moderate Buy” and an average price target of $156.60.

Insider Activity at Jacobs Solutions

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the sale, 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 at the SEC website. Corporate insiders own 0.48% of the company’s stock.

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.