Daiwa Securities Group Inc. Sells 6,661 Shares of Jacobs Solutions Inc. $J

Daiwa Securities Group Inc. trimmed its position in shares of Jacobs Solutions Inc. (NYSE:J) by 10.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,800 shares of the company’s stock after selling 6,661 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Jacobs Solutions were worth $7,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of J. Envestnet Asset Management Inc. raised its holdings in Jacobs Solutions by 2.2% during 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. Kepler Cheuvreux Suisse SA bought a new stake in Jacobs Solutions during the fourth quarter valued at about $2,161,000. Northwestern Mutual Wealth Management Co. raised its holdings in Jacobs Solutions by 737.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 159,189 shares of the company’s stock valued at $21,086,000 after acquiring an additional 140,179 shares during the period. Citigroup Inc. raised its holdings in Jacobs Solutions by 34.2% during the third quarter. Citigroup Inc. now owns 138,833 shares of the company’s stock valued at $20,806,000 after acquiring an additional 35,380 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Jacobs Solutions by 13.5% during the third quarter. JPMorgan Chase & Co. now owns 617,718 shares of the company’s stock valued at $92,575,000 after acquiring an additional 73,567 shares during the period. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Stock Performance

NYSE J opened at $122.69 on Monday. The company has a market cap of $14.49 billion, a P/E ratio of 38.10, a P/E/G ratio of 1.19 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. The business’s 50 day moving average price is $122.82 and its 200-day moving average price is $131.53. Jacobs Solutions Inc. has a fifty-two week low of $105.68 and a fifty-two week high of $168.44.

Jacobs Solutions (NYSE:J) last released its earnings results 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 the consensus estimate of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Sell-side analysts predict that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be paid 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 dividend yield of 1.2%. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on J shares. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a report 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. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $169.00 target price on shares of Jacobs Solutions in a report on Tuesday, May 19th. Finally, Weiss Ratings cut Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Jacobs Solutions has an average rating of “Moderate Buy” and an average price target of $153.40.

Insider Buying and Selling

In other Jacobs Solutions news, CEO Robert V. Pragada bought 3,601 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of $111.09 per share, with a total value of $400,035.09. Following the completion of the purchase, the chief executive officer owned 333,755 shares in the company, valued at $37,076,842.95. This represents a 1.09% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Manuel J. Fernandez bought 403 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were acquired at an average cost of $121.93 per share, for a total transaction of $49,137.79. Following the purchase, the director owned 12,251 shares of the company’s stock, valued at approximately $1,493,764.43. The trade was a 3.40% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have bought 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.