Jacobs Solutions Inc. $J Shares Bought by Amundi

Amundi grew its position in Jacobs Solutions Inc. (NYSE:J) by 340.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 343,364 shares of the company’s stock after purchasing an additional 265,358 shares during the quarter. Amundi’s holdings in Jacobs Solutions were worth $45,327,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in J. Ingalls & Snyder LLC acquired a new position in shares of Jacobs Solutions during the 2nd quarter worth about $558,000. Atlantic Union Bankshares Corp increased its stake in Jacobs Solutions by 409.3% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,514 shares of the company’s stock worth $1,645,000 after buying an additional 10,057 shares in the last quarter. FORA Capital LLC acquired a new position in shares of Jacobs Solutions during the first quarter valued at approximately $1,986,000. Focus Partners Advisor Solutions LLC lifted its position in shares of Jacobs Solutions by 90.1% in the second quarter. Focus Partners Advisor Solutions LLC now owns 5,375 shares of the company’s stock valued at $706,000 after acquiring an additional 2,548 shares in the last quarter. Finally, OLD National Bancorp IN lifted its position in shares of Jacobs Solutions by 1,399.5% in the second quarter. OLD National Bancorp IN now owns 29,811 shares of the company’s stock valued at $3,919,000 after acquiring an additional 27,823 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Wells Fargo & Company decreased their price objective on Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Robert W. Baird reiterated a “neutral” rating and issued a $146.00 target price (down from $161.00) on shares of Jacobs Solutions in a research report on Friday, November 21st. Weiss Ratings restated a “hold (c)” rating on shares of Jacobs Solutions in a research report on Thursday, December 4th. Wall Street Zen raised shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, Citigroup cut their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a report on Friday, November 21st. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Jacobs Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $155.90.

Jacobs Solutions Price Performance

NYSE:J opened at $137.15 on Wednesday. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $168.44. The stock’s fifty day moving average is $150.02 and its two-hundred day moving average is $142.91. The company has a market capitalization of $16.29 billion, a P/E ratio of 56.68, a P/E/G ratio of 1.52 and a beta of 0.81. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.61.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same period last year, the company earned $1.37 EPS. The company’s quarterly revenue was up 6.6% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities analysts expect 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. Shareholders of record on Tuesday, December 2nd will be given a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 0.9%. Jacobs Solutions’s payout ratio is presently 52.89%.

Insiders Place Their Bets

In other news, Director Manuel J. Fernandez purchased 763 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were bought at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the purchase, the director directly owned 10,380 shares of the company’s stock, valued at approximately $1,357,496.40. This trade represents a 7.93% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Venkatesh Nathamuni purchased 750 shares of the stock in a transaction dated Monday, November 24th. The shares were purchased at an average price of $135.11 per share, with a total value of $101,332.50. Following the completion of the transaction, the chief financial officer owned 20,785 shares of the company’s stock, valued at approximately $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 2,513 shares of company stock worth $335,878 over the last ninety days. Corporate insiders own 0.38% of the company’s stock.

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.