Concurrent Investment Advisors LLC Buys Shares of 4,976 Jacobs Solutions Inc. $J

Concurrent Investment Advisors LLC bought a new stake in shares of Jacobs Solutions Inc. (NYSE:J) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,976 shares of the company’s stock, valued at approximately $659,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new stake in Jacobs Solutions during the 3rd quarter valued at $27,000. Princeton Global Asset Management LLC bought a new stake in Jacobs Solutions during the 4th quarter valued at $30,000. Central Pacific Bank Trust Division bought a new stake in Jacobs Solutions during the 4th quarter valued at $31,000. Godsey & Gibb Inc. increased its holdings in shares of Jacobs Solutions by 121.0% in the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after acquiring an additional 121 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Jacobs Solutions by 65.4% in the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock valued at $33,000 after acquiring an additional 87 shares during the period. 85.65% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Jacobs Solutions 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 transaction of $193,147.20. Following the completion of the sale, the president owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. The trade was a 5.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Down 0.5%

Shares of J stock opened at $128.82 on Friday. Jacobs Solutions Inc. has a 1-year low of $117.36 and a 1-year high of $168.44. The stock’s fifty day moving average price is $130.01 and its 200 day moving average price is $138.21. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market cap of $15.13 billion, a price-to-earnings ratio of 35.29, a price-to-earnings-growth ratio of 1.33 and a beta of 0.73.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.01. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the previous year, the business earned $1.33 EPS. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, research analysts expect that Jacobs Solutions Inc. will post 7.13 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. Jacobs Solutions’s payout ratio is currently 39.45%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on J shares. Wall Street Zen downgraded Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 18th. Robert W. Baird cut their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Wells Fargo & Company lifted their price target on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Finally, Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $154.60.

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.