Exchange Traded Concepts LLC Grows Stock Position in Jacobs Solutions Inc. $J

Exchange Traded Concepts LLC increased its holdings in Jacobs Solutions Inc. (NYSE:J) by 14.9% in the 4th quarter, HoldingsChannel reports. The fund owned 97,827 shares of the company’s stock after purchasing an additional 12,704 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Jacobs Solutions were worth $12,958,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC raised its position in Jacobs Solutions by 103.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after purchasing an additional 95 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in shares of Jacobs Solutions in the 3rd quarter valued at $27,000. Central Pacific Bank Trust Division purchased a new position in shares of Jacobs Solutions during the 4th quarter worth $31,000. Godsey & Gibb Inc. increased its position in shares of Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after purchasing an additional 121 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Jacobs Solutions by 65.4% during the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after purchasing an additional 87 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on J shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Wells Fargo & Company lifted their price target on shares of 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 raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $156.60.

Insider Transactions at Jacobs Solutions

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 in the company, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.48% of the stock is owned by corporate insiders.

Jacobs Solutions Stock Performance

NYSE:J opened at $125.86 on Friday. Jacobs Solutions Inc. has a 52 week low of $106.23 and a 52 week high of $168.44. The company has a fifty day simple moving average of $135.68 and a two-hundred day simple moving average of $142.09. 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 company has a market cap of $14.78 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 1.30 and a beta of 0.78.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.01. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the firm earned $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, equities 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. Shareholders of record on Friday, February 20th were given a $0.36 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio is 39.45%.

Jacobs Solutions Company 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.