Man Group plc Buys New Shares in Jacobs Solutions Inc. $J

Key Points

• Man Group plc initiated a position in Jacobs Solutions during the second quarter, purchasing 77,090 shares valued at approximately $9.7 million. Institutional investors collectively own 85.65% of the company.
• Jacobs Solutions exceeded quarterly expectations, reporting $1.84 in adjusted EPS and $2.42 billion in revenue, with revenue increasing 8.3% year over year. The company maintained fiscal 2026 EPS guidance of $7.20–$7.30.
• The company declared a quarterly dividend of $0.36 per share, equivalent to a $1.44 annualized payout and a 0.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $153.70.

Man Group plc bought a new position in shares of Jacobs Solutions Inc. (NYSE:J - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 77,090 shares of the company's stock, valued at approximately $9,713,000. Man Group plc owned approximately 0.07% of Jacobs Solutions at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Vident Advisory LLC boosted its stake in shares of Jacobs Solutions by 0.8% in the 2nd quarter. Vident Advisory LLC now owns 9,794 shares of the company's stock valued at $1,287,000 after buying an additional 75 shares during the period. Gratus Wealth Advisors LLC increased its stake in shares of Jacobs Solutions by 1.3% during the fourth quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company's stock worth $820,000 after buying an additional 81 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO increased its stake in shares of Jacobs Solutions by 0.7% during the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company's stock worth $1,585,000 after buying an additional 81 shares during the period. Parallel Advisors LLC raised its holdings in Jacobs Solutions by 10.4% in the third quarter. Parallel Advisors LLC now owns 915 shares of the company's stock valued at $137,000 after acquiring an additional 86 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in Jacobs Solutions by 2.2% in the third quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company's stock valued at $661,000 after acquiring an additional 93 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company's stock.

Insiders Place Their Bets

In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of the company's stock in a transaction 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 represents a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.48% of the stock is currently owned by company insiders.

Jacobs Solutions Stock Performance

Shares of Jacobs Solutions stock opened at $152.17 on Friday. The firm has a market capitalization of $17.97 billion, a P/E ratio of 53.96, a P/E/G ratio of 1.45 and a beta of 0.68. Jacobs Solutions Inc. has a 52 week low of $105.68 and a 52 week high of $168.44. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. The firm's 50 day moving average is $136.03 and its two-hundred day moving average is $130.27.

Jacobs Solutions (NYSE:J - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the previous year, the firm earned $1.62 EPS. The company's revenue was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Research analysts forecast that Jacobs Solutions Inc. will post 7.26 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 21st will be given a $0.36 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 dividend on an annualized basis and a yield of 0.9%. Jacobs Solutions's payout ratio is 51.06%.

Analyst Upgrades and Downgrades

Several research firms have commented on J. Weiss Ratings upgraded shares of Jacobs Solutions from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, August 17th. Wall Street Zen upgraded shares of Jacobs Solutions from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. KeyCorp decreased their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an "overweight" rating for the company in a research report on Wednesday, May 6th. Truist Financial cut their price target on Jacobs Solutions from $150.00 to $149.00 and set a "hold" rating on the stock in a research note on Thursday, July 2nd. Finally, Citigroup lifted their price target on Jacobs Solutions from $180.00 to $181.00 and gave the stock a "buy" rating in a report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $153.70.

About Jacobs Solutions

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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