BNP Paribas Financial Markets Has $27.49 Million Stock Position in Jacobs Solutions Inc. $J

BNP Paribas Financial Markets grew its position in Jacobs Solutions Inc. (NYSE:J) by 12.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 207,533 shares of the company’s stock after purchasing an additional 23,222 shares during the period. BNP Paribas Financial Markets’ holdings in Jacobs Solutions were worth $27,490,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings 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 worth $49,184,000 after buying an additional 7,072 shares during the period. Kepler Cheuvreux Suisse SA acquired a new stake in shares of Jacobs Solutions during the fourth quarter worth approximately $2,161,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Jacobs Solutions by 737.4% during the fourth 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 period. Citigroup Inc. boosted its holdings in shares of Jacobs Solutions by 34.2% during the third quarter. Citigroup Inc. now owns 138,833 shares of the company’s stock worth $20,806,000 after purchasing an additional 35,380 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Jacobs Solutions by 13.5% during the third quarter. JPMorgan Chase & Co. now owns 617,718 shares of the company’s stock worth $92,575,000 after purchasing an additional 73,567 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Royal Bank Of Canada restated an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a report on Tuesday, May 19th. KeyCorp decreased their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Finally, Wells Fargo & Company decreased their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $153.40.

Jacobs Solutions Price Performance

Shares of J opened at $123.83 on Friday. The firm has a market cap of $14.62 billion, a PE ratio of 38.46, a PEG ratio of 1.18 and a beta of 0.69. The firm’s 50 day moving average price is $122.97 and its 200 day moving average price is $131.72. 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 Inc. has a twelve month low of $105.68 and a twelve month high of $168.44.

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

Jacobs Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio (DPR) is presently 44.72%.

Insider Activity at Jacobs Solutions

In other Jacobs Solutions news, Director Manuel J. Fernandez acquired 403 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average price of $121.93 per share, with a total value of $49,137.79. Following the completion of the transaction, the director owned 12,251 shares in the company, valued at $1,493,764.43. The trade was a 3.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Robert V. Pragada acquired 3,601 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the transaction, the chief executive officer owned 333,755 shares of the company’s stock, valued at approximately $37,076,842.95. This represents a 1.09% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 4,257 shares of company stock worth $477,651. Insiders own 0.48% of the company’s stock.

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.