1,282,934 Jacobs Solutions Inc. $J Shares Sold by Ninety One UK Ltd

Key Points

• Ninety One UK Ltd cut its Jacobs Solutions stake by 45.2% in the third quarter, selling 1,282,934 shares and retaining 1,552,580 shares worth approximately $210 million. Institutional investors collectively own 85.65% of the company.
• Jacobs reported quarterly revenue of $2.42 billion and adjusted earnings of $1.84 per share, slightly exceeding analyst expectations, while revenue increased 8.3% year over year. The company reaffirmed fiscal 2026 EPS guidance of $7.20–$7.30.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $156.40, compared with the stock’s recent price of $140.25. Jacobs also pays a quarterly dividend of $0.36, yielding about 1.0% annually.

Ninety One UK Ltd lessened its holdings in Jacobs Solutions Inc. (NYSE:J - Free Report) by 45.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,552,580 shares of the company's stock after selling 1,282,934 shares during the quarter. Ninety One UK Ltd owned 1.31% of Jacobs Solutions worth $210,018,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. BlackRock Inc. bought a new position in Jacobs Solutions in the second quarter valued at about $1,372,610,000. Primecap Management Co. CA bought a new position in shares of Jacobs Solutions in the second quarter worth about $575,291,000. Bank of America Corp DE bought a new position in shares of Jacobs Solutions in the second quarter worth about $208,318,000. Caisse de depot et placement du Quebec bought a new position in shares of Jacobs Solutions in the second quarter worth about $118,783,000. Finally, Deutsche Bank AG acquired a new stake in shares of Jacobs Solutions in the 2nd quarter valued at approximately $83,490,000. Institutional investors own 85.65% of the company's stock.

Jacobs Solutions Price Performance

J stock traded down $1.75 during midday trading on Thursday, reaching $140.25. 278,708 shares of the stock were exchanged, compared to its average volume of 1,001,261. Jacobs Solutions Inc. has a 52 week low of $105.68 and a 52 week high of $168.44. The company has a fifty day moving average price of $143.64 and a 200 day moving average price of $131.86. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29. The stock has a market capitalization of $16.56 billion, a PE ratio of 49.69, a P/E/G ratio of 1.78 and a beta of 0.72.

Jacobs Solutions (NYSE:J - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the company earned $1.62 earnings per share. The business's quarterly revenue was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, analysts expect that Jacobs Solutions Inc. will post 7.25 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, August 21st were paid a $0.36 dividend. The ex-dividend date of this dividend was Friday, August 21st. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. Jacobs Solutions's dividend payout ratio is currently 51.06%.

Insider Activity

In related news, President Patrick Hill sold 17,201 shares of the firm's stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $144.10, for a total value of $2,478,664.10. Following the completion of the transaction, the president owned 67,356 shares in the company, valued at $9,705,999.60. This trade represents a 20.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.48% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on J. UBS Group lifted their price target on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a "buy" rating in a report on Monday, August 10th. Truist Financial lowered their price objective on shares of Jacobs Solutions from $161.00 to $160.00 and set a "hold" rating for the company in a research report on Monday, October 5th. Weiss Ratings raised shares of Jacobs Solutions from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, August 17th. KeyCorp dropped their price objective on shares of Jacobs Solutions from $168.00 to $166.00 and set an "overweight" rating for the company in a research note on Thursday. Finally, Royal Bank Of Canada raised their target price on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an "outperform" rating in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $156.40.

Jacobs Solutions Company Profile

Jacobs Solutions Inc NYSE: J, formerly known as Jacobs Engineering Group, is a global professional services and technology company that provides consulting, design, engineering, project management, and technical services. The company supports public- and private-sector clients with complex projects involving infrastructure, transportation, water, environmental remediation, advanced manufacturing, life sciences, energy, and other critical facilities.

Jacobs helps clients plan, design, build, operate, and maintain assets and systems.

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