Vise Technologies Inc. Purchases New Holdings in Jacobs Solutions Inc. $J

Vise Technologies Inc. purchased a new stake in Jacobs Solutions Inc. (NYSE:J) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,392 shares of the company’s stock, valued at approximately $427,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Jacobs Solutions during the 2nd quarter worth about $1,372,610,000. Ameriprise Financial Inc. lifted its stake in Jacobs Solutions by 828.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after purchasing an additional 1,184,068 shares during the last quarter. Focus Partners Wealth grew its holdings in Jacobs Solutions by 246.3% during the fourth quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock worth $177,324,000 after purchasing an additional 952,151 shares during the period. Deutsche Bank AG bought a new position in Jacobs Solutions during the second quarter worth about $83,490,000. Finally, Bank of New York Mellon Corp acquired a new position in Jacobs Solutions during the second quarter worth approximately $76,688,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Insider Activity

In other news, President Patrick Hill sold 17,201 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the completion of the sale, the president owned 67,356 shares of the company’s stock, valued at approximately $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.48% of the company’s stock.

Jacobs Solutions Price Performance

Jacobs Solutions stock opened at $150.76 on Wednesday. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The stock’s 50 day moving average is $134.24 and its 200-day moving average is $130.05. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $17.80 billion, a price-to-earnings ratio of 53.46, a PEG ratio of 1.46 and a beta of 0.68.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.01. The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the firm posted $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Equities research analysts expect that Jacobs Solutions Inc. will post 7.26 EPS for the current year.

Jacobs Solutions Dividend Announcement

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

Analysts Set New Price Targets

J has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Wells Fargo & Company dropped their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. KeyCorp cut their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Citigroup increased their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Jacobs Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $153.70.

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.