Alamea Verwaltungs GmbH Makes New Investment in Jacobs Solutions Inc. $J

Key Points

• Alamea Verwaltungs GmbH has acquired 5,668 shares of Jacobs Solutions Inc., investing approximately $685,000, making it the firm's 20th largest holding.
• Several institutional investors have significantly increased their stakes in Jacobs Solutions, with Lazard Asset Management LLC raising its position by 933.6% in the last quarter.
• Jacobs Solutions reported Q2 earnings of $1.62 per share, surpassing expectations, but experienced a revenue decline of 28.4% year-over-year.

Alamea Verwaltungs GmbH purchased a new position in shares of Jacobs Solutions Inc. (NYSE:J - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,668 shares of the company's stock, valued at approximately $685,000. Jacobs Solutions comprises approximately 0.6% of Alamea Verwaltungs GmbH's investment portfolio, making the stock its 20th largest holding.

Several other hedge funds also recently modified their holdings of J. Lazard Asset Management LLC boosted its stake in shares of Jacobs Solutions by 933.6% during the 4th quarter. Lazard Asset Management LLC now owns 2,109,035 shares of the company's stock worth $281,808,000 after purchasing an additional 1,904,988 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Jacobs Solutions by 148.2% in the fourth quarter. Deutsche Bank AG now owns 664,564 shares of the company's stock worth $88,799,000 after acquiring an additional 396,759 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Jacobs Solutions in the first quarter worth approximately $43,251,000. Vontobel Holding Ltd. boosted its position in shares of Jacobs Solutions by 639.3% in the first quarter. Vontobel Holding Ltd. now owns 342,251 shares of the company's stock worth $41,375,000 after acquiring an additional 295,957 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Jacobs Solutions by 22,889.3% in the first quarter. GAMMA Investing LLC now owns 275,871 shares of the company's stock worth $33,350,000 after acquiring an additional 274,671 shares during the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

J has been the topic of several research analyst reports. Royal Bank Of Canada raised their target price on shares of Jacobs Solutions from $152.00 to $154.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Citigroup raised their target price on shares of Jacobs Solutions from $147.47 to $166.00 and gave the stock a "buy" rating in a research report on Monday, July 28th. KeyCorp raised their target price on shares of Jacobs Solutions from $155.00 to $157.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Wall Street Zen raised shares of Jacobs Solutions from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, UBS Group raised their target price on shares of Jacobs Solutions from $152.00 to $166.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Jacobs Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $155.25.

Jacobs Solutions Trading Down 0.3%

Shares of J stock opened at $146.45 on Friday. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 36.52, a price-to-earnings-growth ratio of 1.99 and a beta of 0.79. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. Jacobs Solutions Inc. has a fifty-two week low of $106.23 and a fifty-two week high of $152.40. The firm's 50 day moving average price is $140.50 and its two-hundred day moving average price is $129.53.

Jacobs Solutions (NYSE:J - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $1.62 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.06. The firm had revenue of $3.03 billion for the quarter, compared to analysts' expectations of $3.09 billion. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. Jacobs Solutions's revenue was down 28.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.96 earnings per share. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. On average, analysts anticipate that Jacobs Solutions Inc. will post 6.05 EPS for the current year.

Jacobs Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, August 22nd will be paid a dividend of $0.32 per share. The ex-dividend date is Friday, August 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.9%. Jacobs Solutions's dividend payout ratio (DPR) is currently 31.92%.

Jacobs Solutions Company Profile

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.

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