WINTON GROUP Ltd Increases Stock Holdings in Jacobs Solutions Inc. $J

WINTON GROUP Ltd raised its position in Jacobs Solutions Inc. (NYSE:JFree Report) by 214.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,006 shares of the company’s stock after acquiring an additional 17,047 shares during the quarter. WINTON GROUP Ltd’s holdings in Jacobs Solutions were worth $3,151,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Corient Private Wealth LP acquired a new position in Jacobs Solutions during the 2nd quarter worth approximately $5,225,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Jacobs Solutions by 737.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 159,189 shares of the company’s stock worth $21,086,000 after purchasing an additional 140,179 shares during the last quarter. Catalyst Funds Management Pty Ltd acquired a new position in shares of Jacobs Solutions during the fourth quarter worth $3,312,000. Goldman Sachs Group Inc. increased its holdings in Jacobs Solutions by 24.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 852,803 shares of the company’s stock valued at $112,962,000 after buying an additional 169,059 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in Jacobs Solutions by 2.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 589,516 shares of the company’s stock valued at $78,087,000 after buying an additional 12,620 shares during the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction on 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 transaction, the president directly owned 67,356 shares in the company, valued at $9,705,999.60. This trade represents a 20.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.48% of the stock is currently owned by corporate insiders.

Jacobs Solutions Trading Up 0.9%

NYSE J opened at $141.74 on Friday. The firm’s fifty day moving average is $140.20 and its two-hundred day moving average is $130.65. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market cap of $16.74 billion, a PE ratio of 50.26, a P/E/G ratio of 2.04 and a beta of 0.70.

Jacobs Solutions (NYSE:JGet Free Report) last announced its 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 the consensus estimate of $2.40 billion. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Analysts expect that Jacobs Solutions Inc. will post 7.26 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, August 21st. Jacobs Solutions’s dividend payout ratio is 51.06%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on J shares. UBS Group lifted their price target on Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Weiss Ratings upgraded Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. Royal Bank Of Canada raised their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, Truist Financial reduced their price target on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a research report on Thursday, July 2nd. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Jacobs Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $153.70.

Get Our Latest Stock Report on Jacobs Solutions

About Jacobs Solutions

(Free Report)

Jacobs Solutions Inc (NYSE:J) is a global professional services and technical consulting company that provides engineering, design, consulting, program and construction management, and operations services. The company works with public- and private-sector clients on complex projects involving infrastructure, transportation, water, environmental services, energy, advanced manufacturing, life sciences, and other critical facilities.

Jacobs supports the planning, design, delivery, and operation of large-scale assets and systems.

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Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)

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