Fjarde AP Fonden Fourth Swedish National Pension Fund Acquires Shares of 63,800 Jacobs Solutions Inc. $J

Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new position in shares of Jacobs Solutions Inc. (NYSE:J) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 63,800 shares of the company’s stock, valued at approximately $8,120,000.

A number of other institutional investors also recently made changes to their positions in the business. State Street Corp boosted its stake in shares of Jacobs Solutions by 3.4% during the 4th quarter. State Street Corp now owns 7,367,828 shares of the company’s stock valued at $975,942,000 after buying an additional 243,345 shares during the last quarter. Morgan Stanley increased its stake in shares of Jacobs Solutions by 19.5% in the fourth quarter. Morgan Stanley now owns 3,379,681 shares of the company’s stock worth $447,673,000 after buying an additional 552,277 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Jacobs Solutions by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 3,219,481 shares of the company’s stock worth $424,846,000 after buying an additional 28,076 shares during the last quarter. Ninety One UK Ltd increased its stake in shares of Jacobs Solutions by 2.8% in the fourth quarter. Ninety One UK Ltd now owns 3,156,313 shares of the company’s stock worth $418,085,000 after buying an additional 86,677 shares during the last quarter. Finally, Boston Partners raised its holdings 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 acquiring an additional 108,134 shares in the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Jacobs Solutions

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

Jacobs Solutions Stock Down 0.1%

J stock opened at $127.80 on Monday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. The firm’s 50-day simple moving average is $121.44 and its 200 day simple moving average is $129.72. The stock has a market cap of $15.09 billion, a PE ratio of 39.69, a price-to-earnings-growth ratio of 1.24 and a beta of 0.69.

Jacobs Solutions (NYSE:J) last posted its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The firm had revenue of $2.33 billion during 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%. Jacobs Solutions’s revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, sell-side analysts predict that Jacobs Solutions Inc. will post 7.23 EPS for the current year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Friday, May 22nd were given a dividend of $0.36 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. Jacobs Solutions’s payout ratio is currently 44.72%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on J shares. Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. KeyCorp cut their target price 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. Truist Financial reduced their price target on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research report on Thursday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Finally, Wells Fargo & Company decreased their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $153.10.

About Jacobs Solutions

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.