Boston Partners Has $325.13 Million Stake in Jacobs Solutions Inc. $J

Key Points

• Boston Partners cut its Jacobs Solutions stake by 19.5% in the fourth quarter, selling 592,503 shares but still holding 2.45 million shares valued at about $325.1 million.
• Analyst sentiment is mixed but constructive: the stock carries a consensus rating of Moderate Buy with an average target price of $153.40, while recent firms adjusted ratings and targets in both directions.
• Jacobs posted a solid earnings beat, reporting $1.75 EPS versus $1.64 expected and revenue of $2.33 billion, while also announcing a quarterly dividend of $0.36 per share.

Boston Partners decreased its position in Jacobs Solutions Inc. (NYSE:J - Free Report) by 19.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,447,880 shares of the company's stock after selling 592,503 shares during the period. Boston Partners owned approximately 2.08% of Jacobs Solutions worth $325,134,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions in the 3rd quarter worth about $27,000. Wealth Watch Advisors INC bought a new stake in Jacobs Solutions in the 3rd quarter worth about $33,000. Princeton Global Asset Management LLC bought a new position in shares of Jacobs Solutions during the 4th quarter valued at approximately $30,000. Central Pacific Bank Trust Division bought a new position in shares of Jacobs Solutions during the 4th quarter valued at approximately $31,000. Finally, International Assets Investment Management LLC bought a new position in shares of Jacobs Solutions during the 4th quarter valued at approximately $38,000. Institutional investors and hedge funds own 85.65% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on J. 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. Wall Street Zen cut shares of Jacobs Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. Citigroup lifted their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a "buy" rating in a research report on Wednesday, May 6th. Wells Fargo & Company decreased their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 7th. Finally, Robert W. Baird decreased their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a "neutral" rating on the stock in a research report on Monday, April 13th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $153.40.

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, Director Manuel J. Fernandez bought 403 shares of the company's stock in a transaction on Friday, May 8th. The stock was acquired at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the completion of the transaction, the director directly owned 12,251 shares of the company's stock, valued at approximately $1,493,764.43. This represents a 3.40% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert V. Pragada bought 3,601 shares of the company's stock in a transaction 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 transaction, the chief executive officer directly 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 ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 4,257 shares of company stock valued at $477,651 in the last quarter. 0.48% of the stock is owned by company insiders.

Jacobs Solutions Stock Up 0.6%

Shares of J stock opened at $127.10 on Friday. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44. The stock has a market cap of $15.01 billion, a P/E ratio of 39.47, a P/E/G ratio of 1.23 and a beta of 0.69. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24. The company has a 50 day simple moving average of $122.54 and a two-hundred day simple moving average of $131.08.

Jacobs Solutions (NYSE:J - Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating analysts' consensus estimates of $1.64 by $0.11. The business had revenue of $2.33 billion during the quarter, compared to analysts' expectations of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The firm's revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, research analysts expect that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be given a dividend of $0.36 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions's dividend payout ratio is currently 44.72%.

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.

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