Ninety One UK 13F: Cuts Jacobs Solutions (J) Stake by $174M

Ninety One UK reduced its investment in Jacobs Solutions Inc. (NYSE:J), cutting its stake by 45.2% during the period. According to a Form 13F filing with the SEC on October 15, 2026, the fund sold 1,282,934 shares of the engineering and construction firm. The divestment left the firm holding 1,552,580 shares valued at approximately $210,017,502. Because 13F filings look backward at holdings from the close of a prior quarter, this report may not reflect the fund's current daily position.

Inside Ninety One UK's Jacobs Solutions Trade

The sizeable reduction by Ninety One UK brought its prior stake of 2,835,514 shares down to 1,552,580 shares. The fund's exit from a substantial portion of its holdings comes as institutional investors continually reallocate capital across the industrials sector. While 13F reports do not capture the exact trade dates within the quarter, they offer a clear look at how large asset managers adjust their portfolio weights over time.

Other Institutional Activity in Jacobs Solutions

Other large funds also made adjustments to their Jacobs Solutions shares around the same reporting window. Blackrock Inc. grew its holdings by 404,870 shares, ending with 10,893,728 shares worth about $1,536,887,166. Vanguard Capital Management LLC lifted its stake by 81,669 shares to finish with 7,714,329 shares valued at $1,088,337,549. State Street Corporation increased its position by 138,521 shares, holding 7,390,941 shares worth $1,042,713,969. Vanguard Portfolio Management LLC trimmed its stake slightly by 10,948 shares, ending with 4,749,089 shares valued at $670,001,484. Primecap Management Company added 50,124 shares to own 4,565,799 shares worth about $644,142,931.

Jacobs Solutions Inc. Stock Down 0.9%

Jacobs Solutions stock recently traded around $140.65 per share as of October 16, 2026. The share price sits below its 50-day moving average of $143.57, but remains above its 200-day moving average of $133.34. The stock trades roughly 16.5% below its 52-week high of $168.44 and well above its 52-week low of $105.68.

Recent Earnings

Jacobs Solutions generated trailing twelve-month revenue of $14,219,215,872 with an earnings per share of $3.01. The company posted a net profit margin of 2.4% and a return on equity of 8.0%. Investors will look toward the company's upcoming earnings report scheduled for release on November 19, 2026, for further financial updates.

Dividend

Jacobs Solutions pays an annual dividend rate of $1.44 per share, translating to a dividend yield of 1.01%. The company's payout ratio stands at 45.2% of its earnings.

Insider Buying and Selling at Jacobs Solutions Inc.

Company insiders were active in the stock earlier in the year. On May 8, 2026, director Manuel J Fernandez bought 403 shares at an average price of $121.93 for a total of $49,137. Later on May 13, 2026, Fernandez picked up another 253 shares at $112.56 worth $28,478. Chief Executive Officer Robert V Pragada purchased 3,601 shares on May 15, 2026, at $111.09 totaling $400,035. On August 7, 2026, president Patrick Hill disposed of 17,201 shares valued at $2,478,583.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock across late summer and fall. On August 5, 2026, Truist Securities maintained its Hold rating while raising its price target from $149.00 to $161.00. RBC Capital maintained an Outperform rating on August 5, 2026, lifting its target from $171.00 to $174.00. UBS maintained a Buy rating on August 10, 2026, raising its target from $156.00 to $167.00. Truist Securities later adjusted its target from $161.00 down to $160.00 while keeping a Hold rating on October 5, 2026. Keybanc maintained an Overweight rating on October 15, 2026, setting a target of $166.00. Overall, the stock carries a consensus buy recommendation from 15 analysts with a mean price target of $162.33.

About Jacobs Solutions

Jacobs Solutions provides a wide array of professional services, including consulting, technical, scientific, and project delivery for government and private sector clients across infrastructure, water, environment, and advanced manufacturing markets. The Dallas-based firm operates globally, helping clients navigate complex engineering and construction projects.

Bottom Line

Market participants will watch the upcoming November 19, 2026 earnings release to gauge operational momentum. Because 13F reports lag behind actual market activity, future filings will show whether Ninety One UK continues to pare down its exposure or stabilizes its stake in the firm. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.