ASO GROUP Ltd Acquires Shares of 14,085 Jacobs Solutions Inc. $J

ASO GROUP Ltd acquired a new stake in Jacobs Solutions Inc. (NYSE:J) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 14,085 shares of the company’s stock, valued at approximately $1,866,000. Jacobs Solutions accounts for 0.7% of ASO GROUP Ltd’s investment portfolio, making the stock its 22nd largest position.

A number of other institutional investors have also recently bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new position in shares of Jacobs Solutions during the 3rd quarter valued at $27,000. Princeton Global Asset Management LLC purchased a new position in shares of Jacobs Solutions during the 4th quarter valued at $30,000. Central Pacific Bank Trust Division purchased a new position in shares of Jacobs Solutions during the 4th quarter valued at $31,000. Wealth Watch Advisors INC purchased a new position in shares of Jacobs Solutions during the 3rd quarter valued at $33,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Jacobs Solutions during the 4th quarter valued at $38,000. Institutional investors own 85.65% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on J shares. Weiss Ratings cut Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $169.00 price objective on shares of Jacobs Solutions in a report on Tuesday, May 19th. Wells Fargo & Company cut their price objective 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. Finally, Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Jacobs Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $153.40.

Jacobs Solutions Stock Performance

Shares of J opened at $126.49 on Friday. The stock’s 50-day simple moving average is $122.56 and its 200 day simple moving average is $131.10. The stock has a market capitalization of $14.94 billion, a price-to-earnings ratio of 39.28, a price-to-earnings-growth ratio of 1.18 and a beta of 0.69. 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 52-week low of $105.68 and a 52-week 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.11. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Research analysts forecast that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. Jacobs Solutions’s dividend payout ratio is 44.72%.

Insider Transactions at Jacobs Solutions

In related news, CEO Robert V. Pragada acquired 3,601 shares of the company’s stock in a transaction that occurred 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 owned 333,755 shares of the company’s stock, valued at approximately $37,076,842.95. This trade represents a 1.09% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Manuel J. Fernandez acquired 253 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of $112.56 per share, for a total transaction of $28,477.68. Following the acquisition, the director directly owned 12,504 shares in the company, valued at $1,407,450.24. This represents a 2.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 4,257 shares of company stock worth $477,651 in the last three months. 0.48% of the stock is currently owned by insiders.

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.