Jacobs Solutions Inc. (NYSE:J) Shares Sold by Cozad Asset Management Inc.

Cozad Asset Management Inc. lowered its position in shares of Jacobs Solutions Inc. (NYSE:J) by 53.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,647 shares of the company’s stock after selling 5,393 shares during the period. Cozad Asset Management Inc.’s holdings in Jacobs Solutions were worth $603,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. First Pacific Financial bought a new stake in shares of Jacobs Solutions during the fourth quarter valued at about $27,000. GAMMA Investing LLC bought a new stake in Jacobs Solutions during the fourth quarter worth approximately $27,000. Tennessee Valley Asset Management Partners bought a new stake in shares of Jacobs Solutions during the 4th quarter worth $59,000. Private Trust Co. NA grew its holdings in shares of Jacobs Solutions by 17.8% in the 4th quarter. Private Trust Co. NA now owns 575 shares of the company’s stock worth $75,000 after acquiring an additional 87 shares during the last quarter. Finally, Evolution Advisers Inc. acquired a new stake in shares of Jacobs Solutions during the fourth quarter worth $77,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Down 0.2 %

J stock opened at $143.25 on Thursday. The business’s 50-day simple moving average is $147.40 and its 200 day simple moving average is $138.00. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.42. The company has a market cap of $18.00 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 1.52 and a beta of 0.74. Jacobs Solutions Inc. has a twelve month low of $109.00 and a twelve month high of $154.50.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.46. The company had revenue of $4.20 billion for the quarter, compared to analyst estimates of $4.02 billion. Jacobs Solutions had a return on equity of 14.57% and a net margin of 4.20%. Jacobs Solutions’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.67 EPS. On average, research analysts anticipate that Jacobs Solutions Inc. will post 8.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

J has been the subject of a number of recent analyst reports. Argus raised their price objective on shares of Jacobs Solutions from $161.00 to $174.00 and gave the stock a “buy” rating in a research note on Thursday, March 14th. Truist Financial initiated coverage on Jacobs Solutions in a report on Thursday, March 14th. They set a “hold” rating and a $154.00 price target on the stock. Citigroup raised their price objective on Jacobs Solutions from $161.00 to $169.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. KeyCorp started coverage on Jacobs Solutions in a report on Wednesday, January 10th. They issued a “sector weight” rating on the stock. Finally, Royal Bank of Canada upped their price objective on shares of Jacobs Solutions from $151.00 to $161.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $155.25.

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, CFO Kevin C. Berryman sold 1,500 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $153.20, for a total transaction of $229,800.00. Following the completion of the transaction, the chief financial officer now directly owns 233,104 shares in the company, valued at $35,711,532.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Shelette M. Gustafson sold 1,852 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $148.00, for a total transaction of $274,096.00. Following the transaction, the executive vice president now owns 28,791 shares of the company’s stock, valued at $4,261,068. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kevin C. Berryman sold 1,500 shares of the stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $153.20, for a total transaction of $229,800.00. Following the completion of the transaction, the chief financial officer now owns 233,104 shares in the company, valued at $35,711,532.80. The disclosure for this sale can be found here. Insiders have sold 15,838 shares of company stock valued at $2,393,710 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

Jacobs Solutions Company Profile

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.