Eurizon Capital SGR S.p.A. Buys New Position in Jacobs Solutions Inc. $J

Eurizon Capital SGR S.p.A. bought a new stake in Jacobs Solutions Inc. (NYSE:J) during the fourth quarter, Holdings Channel.com reports. The fund bought 97,786 shares of the company’s stock, valued at approximately $12,968,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Geode Capital Management LLC raised its stake in Jacobs Solutions by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 3,219,481 shares of the company’s stock valued at $424,846,000 after purchasing an additional 28,076 shares in the last quarter. Ninety One UK Ltd raised its stake in Jacobs Solutions by 2.8% in the fourth quarter. Ninety One UK Ltd now owns 3,156,313 shares of the company’s stock valued at $418,085,000 after purchasing an additional 86,677 shares in the last quarter. Boston Partners raised its stake in Jacobs Solutions by 3.7% in the third quarter. Boston Partners now owns 3,040,383 shares of the company’s stock valued at $456,746,000 after purchasing an additional 108,134 shares in the last quarter. Bank of America Corp DE raised its stake in Jacobs Solutions by 9.4% in the third quarter. Bank of America Corp DE now owns 2,070,799 shares of the company’s stock valued at $310,330,000 after purchasing an additional 178,753 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Jacobs Solutions by 15.9% in the third quarter. Ameriprise Financial Inc. now owns 1,537,462 shares of the company’s stock valued at $230,406,000 after purchasing an additional 210,474 shares in the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have commented on J. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Robert W. Baird decreased their price target on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. KeyCorp decreased their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research note on Tuesday, May 19th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $153.40.

Insider Activity at Jacobs Solutions

In other news, CEO Robert V. Pragada purchased 3,601 shares of the business’s stock in a transaction on Friday, May 15th. The shares were acquired at an average price of $111.09 per share, with a total value of $400,035.09. Following the acquisition, the chief executive officer directly owned 333,755 shares in the company, valued at approximately $37,076,842.95. The trade was a 1.09% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares in the company, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders bought 4,257 shares of company stock worth $477,651 in the last three months. 0.48% of the stock is owned by insiders.

Jacobs Solutions Trading Up 0.1%

J stock opened at $119.98 on Monday. The company has a market capitalization of $14.17 billion, a PE ratio of 37.26, a price-to-earnings-growth ratio of 1.16 and a beta of 0.69. Jacobs Solutions Inc. has a one year low of $105.68 and a one year high of $168.44. The company’s 50 day moving average price is $123.46 and its two-hundred day moving average price is $132.62. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The business’s revenue was up 8.9% compared to the same quarter last year. During the same period last year, the firm posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, analysts predict that Jacobs Solutions Inc. will post 7.22 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

Jacobs Solutions 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.