Aster Capital Management DIFC Ltd Acquires New Shares in Jacobs Solutions Inc. $J

Aster Capital Management DIFC Ltd bought a new position in shares of Jacobs Solutions Inc. (NYSE:J) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,728 shares of the company’s stock, valued at approximately $559,000.

A number of other large investors have also recently made changes to their positions in the stock. Atlantic Union Bankshares Corp increased its position in shares of Jacobs Solutions by 409.3% during the second quarter. Atlantic Union Bankshares Corp now owns 12,514 shares of the company’s stock valued at $1,645,000 after buying an additional 10,057 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Jacobs Solutions by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 328,201 shares of the company’s stock valued at $49,184,000 after acquiring an additional 7,072 shares during the period. Russell Investments Group Ltd. grew its stake in Jacobs Solutions by 18.5% during the second quarter. Russell Investments Group Ltd. now owns 79,244 shares of the company’s stock valued at $10,403,000 after acquiring an additional 12,363 shares in the last quarter. Whalen Wealth Management Inc. bought a new stake in Jacobs Solutions during the 2nd quarter worth approximately $250,000. Finally, Ninety One UK Ltd lifted its stake in Jacobs Solutions by 20.4% in the 3rd quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock worth $460,016,000 after purchasing an additional 520,417 shares in the last quarter. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Stock Up 4.8%

Shares of J opened at $139.83 on Friday. Jacobs Solutions Inc. has a 1 year low of $106.23 and a 1 year high of $168.44. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a 50 day simple moving average of $137.74 and a two-hundred day simple moving average of $144.31. The firm has a market cap of $16.42 billion, a P/E ratio of 38.31, a P/E/G ratio of 1.38 and a beta of 0.80.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period in the previous year, the business posted $1.33 EPS. The business’s quarterly revenue was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, analysts forecast that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th will be given a dividend of $0.36 per share. The ex-dividend date is Friday, February 20th. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 annualized dividend and a yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 39.45%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on J. The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They set a “buy” rating and a $158.00 price target for the company. Royal Bank Of Canada reduced their target price on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. Bank of America lowered their price target on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Wells Fargo & Company lifted their price target on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Finally, Wall Street Zen cut shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 15th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Jacobs Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $156.60.

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.