The Manufacturers Life Insurance Company Takes Position in Jacobs Solutions Inc. $J

Key Points

• The Manufacturers Life Insurance Company acquired 59,573 shares of Jacobs Solutions worth approximately $7.5 million, joining other institutional investors; institutions collectively own 85.65% of the stock.
• Jacobs reported quarterly EPS of $1.84, slightly above estimates, while revenue rose 8.3% year over year to $2.42 billion. The company maintained fiscal 2026 EPS guidance of $7.20–$7.30.
• Analysts have a consensus “Moderate Buy” rating with a $153.70 price target, while shares recently traded at $152.17. Jacobs also declared a quarterly dividend of $0.36 per share, representing a 0.9% annualized yield.

The Manufacturers Life Insurance Company purchased a new stake in shares of Jacobs Solutions Inc. (NYSE:J - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 59,573 shares of the company's stock, valued at approximately $7,506,000. The Manufacturers Life Insurance Company owned 0.05% of Jacobs Solutions at the end of the most recent quarter.

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

Insider Activity

In other news, President Patrick Hill sold 17,201 shares of the company's stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the sale, the president owned 67,356 shares in the company, valued at approximately $9,705,999.60. This represents a 20.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.48% of the company's stock.

Jacobs Solutions Stock Performance

Shares of J opened at $152.17 on Monday. The firm has a market cap of $17.97 billion, a price-to-earnings ratio of 53.96, a price-to-earnings-growth ratio of 1.47 and a beta of 0.68. The company's fifty day moving average is $136.03 and its 200-day moving average is $130.12. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44.

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

Jacobs Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders 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 dividend yield of 0.9%. Jacobs Solutions's payout ratio is currently 51.06%.

Wall Street Analyst Weigh In

J has been the topic of several research reports. UBS Group upped their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a "buy" rating in a research note on Monday, August 10th. Royal Bank Of Canada lifted their target price on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Citigroup boosted their price target on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a "buy" rating in a report on Wednesday, May 6th. KeyCorp cut their price objective on Jacobs Solutions from $154.00 to $150.00 and set an "overweight" rating for the company in a report on Wednesday, May 6th. Finally, Truist Financial reduced their price objective on Jacobs Solutions from $150.00 to $149.00 and set a "hold" rating for the company in a research report on Thursday, July 2nd. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $153.70.

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.

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