Grantham Mayo Van Otterloo & Co. LLC Acquires Shares of 1,900 Jacobs Solutions Inc. $J

Grantham Mayo Van Otterloo & Co. LLC bought a new position in shares of Jacobs Solutions Inc. (NYSE:J) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,900 shares of the company’s stock, valued at approximately $250,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ninety One UK Ltd increased its holdings in Jacobs Solutions by 17.1% during the 2nd quarter. Ninety One UK Ltd now owns 2,549,219 shares of the company’s stock worth $335,095,000 after purchasing an additional 372,275 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Jacobs Solutions during the first quarter worth approximately $43,251,000. Massachusetts Financial Services Co. MA grew its position in shares of Jacobs Solutions by 15.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,954,861 shares of the company’s stock worth $256,966,000 after buying an additional 268,504 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of Jacobs Solutions by 73.6% in the first quarter. Alliancebernstein L.P. now owns 265,705 shares of the company’s stock worth $32,121,000 after buying an additional 112,642 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Jacobs Solutions by 5.3% during the 1st quarter. Invesco Ltd. now owns 2,147,078 shares of the company’s stock valued at $259,560,000 after acquiring an additional 108,366 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Wall Street Analyst Weigh In

J has been the subject of a number of research reports. Citigroup lowered their price objective on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a report on Friday, November 21st. Bank of America reduced their price objective on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. Royal Bank Of Canada dropped their target price on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, November 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Jacobs Solutions in a research note on Friday. Finally, KeyCorp upped their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Jacobs Solutions has an average rating of “Moderate Buy” and an average price target of $155.90.

Insider Buying and Selling

In other Jacobs Solutions news, CFO Venkatesh Nathamuni purchased 750 shares of the company’s stock in a transaction on Monday, November 24th. The shares were purchased at an average cost of $135.11 per share, for a total transaction of $101,332.50. Following the completion of the transaction, the chief financial officer owned 20,785 shares in the company, valued at $2,808,261.35. The trade was a 3.74% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Peter J. Robertson acquired 1,000 shares of Jacobs Solutions stock in a transaction dated Monday, November 24th. The shares were acquired at an average price of $134.76 per share, with a total value of $134,760.00. Following the transaction, the director owned 1,000 shares in the company, valued at approximately $134,760. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 2,513 shares of company stock valued at $335,878 over the last three months. Company insiders own 0.38% of the company’s stock.

Jacobs Solutions Price Performance

Shares of J opened at $132.90 on Tuesday. The firm has a market capitalization of $15.78 billion, a price-to-earnings ratio of 33.14, a price-to-earnings-growth ratio of 1.87 and a beta of 0.83. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. Jacobs Solutions Inc. has a one year low of $106.23 and a one year high of $168.44. The stock’s fifty day moving average is $151.15 and its 200-day moving average is $142.45.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.08. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $3.14 billion. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 2nd will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $1.28 annualized dividend and a yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Jacobs Solutions Company Profile

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.