Cidel Asset Management Inc. Cuts Holdings in Jacobs Solutions Inc. $J

Key Points

• Cidel Asset Management trimmed its Jacobs stake by 6.2% in Q4, selling 20,391 shares and now holds 310,471 shares (about $41.1M), while overall institutional ownership of the stock stands at ~85.65%.
• Jacobs reported Q4 EPS of $1.53 (beat by $0.01) but missed on revenue ($2.30B vs. $3.09B est.), with revenue up 12.3% year-over-year and FY2026 guidance set at EPS $6.95–7.30.
• Analyst sentiment is mixed but tilted positive with a consensus rating of "Moderate Buy" and a consensus price target of $156.60, following several upgrades and hold/equal-weight actions.

Cidel Asset Management Inc. cut its stake in Jacobs Solutions Inc. (NYSE:J - Free Report) by 6.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 310,471 shares of the company's stock after selling 20,391 shares during the quarter. Jacobs Solutions comprises about 2.9% of Cidel Asset Management Inc.'s holdings, making the stock its 6th biggest holding. Cidel Asset Management Inc. owned about 0.26% of Jacobs Solutions worth $41,125,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in Jacobs Solutions by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 328,201 shares of the company's stock worth $49,184,000 after buying an additional 7,072 shares during the period. Citigroup Inc. grew its holdings in shares of Jacobs Solutions by 34.2% during the 3rd quarter. Citigroup Inc. now owns 138,833 shares of the company's stock worth $20,806,000 after acquiring an additional 35,380 shares during the period. Ninety One UK Ltd grew its holdings in shares of Jacobs Solutions by 20.4% during the 3rd quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company's stock worth $460,016,000 after acquiring an additional 520,417 shares during the period. Professional Advisory Services Inc. bought a new position in shares of Jacobs Solutions in the 3rd quarter worth approximately $25,673,000. Finally, JPMorgan Chase & Co. raised its position in shares of Jacobs Solutions by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 617,718 shares of the company's stock worth $92,575,000 after acquiring an additional 73,567 shares in the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Wall Street Zen upgraded Jacobs Solutions from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 7th. Wells Fargo & Company raised their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the company an "equal weight" rating in a research report on Friday, January 23rd. Zacks Research upgraded shares of Jacobs Solutions from a "strong sell" rating to a "hold" rating in a report on Thursday, February 5th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Jacobs Solutions presently has a consensus rating of "Moderate Buy" and a consensus price target of $156.60.

Jacobs Solutions Stock Performance

Shares of J opened at $127.92 on Monday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. The stock has a market cap of $15.02 billion, a P/E ratio of 35.05, a P/E/G ratio of 1.32 and a beta of 0.77. The business's 50 day moving average price is $134.57 and its 200-day moving average price is $141.37. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $168.44.

Jacobs Solutions (NYSE:J - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, beating analysts' consensus estimates of $1.52 by $0.01. The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The firm's revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the company earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Equities research analysts anticipate that Jacobs Solutions Inc. will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 20th were issued a dividend of $0.36 per share. The ex-dividend date was Friday, February 20th. This is a boost from Jacobs Solutions's previous quarterly dividend of $0.32. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. Jacobs Solutions's dividend payout ratio is 39.45%.

Insider Activity

In other news, President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the transaction, the president owned 25,344 shares of the company's stock, valued at $3,399,390.72. The trade was a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.48% of the stock is currently owned by corporate insiders.

Jacobs Solutions 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.