GSA Capital Partners LLP Acquires Shares of 6,360 Jacobs Solutions Inc. $J

GSA Capital Partners LLP acquired a new stake in Jacobs Solutions Inc. (NYSE:J) during the fourth quarter, Holdings Channel reports. The fund acquired 6,360 shares of the company’s stock, valued at approximately $842,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. boosted its stake in Jacobs Solutions by 3.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock worth $337,000 after buying an additional 66 shares during the last quarter. Vident Advisory LLC boosted its stake in Jacobs Solutions by 0.8% during the second quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock worth $1,287,000 after buying an additional 75 shares during the last quarter. Gratus Wealth Advisors LLC boosted its stake in Jacobs Solutions by 1.3% during the fourth quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock worth $820,000 after buying an additional 81 shares during the last quarter. Compound Planning Inc. boosted its stake in Jacobs Solutions by 3.8% during the third quarter. Compound Planning Inc. now owns 2,250 shares of the company’s stock worth $337,000 after buying an additional 83 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in 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 buying an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Insider Buying and Selling

In other news, Director Manuel J. Fernandez bought 403 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average price of $121.93 per share, with a total value of $49,137.79. Following the purchase, the director owned 12,251 shares in the company, valued at approximately $1,493,764.43. The trade was a 3.40% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Robert V. Pragada bought 3,601 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the purchase, the chief executive officer owned 333,755 shares in the company, valued at $37,076,842.95. This represents a 1.09% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have bought 4,257 shares of company stock valued at $477,651. Corporate insiders own 0.48% of the company’s stock.

Jacobs Solutions Stock Performance

Shares of Jacobs Solutions stock opened at $114.83 on Friday. Jacobs Solutions Inc. has a 52 week low of $105.68 and a 52 week high of $168.44. The business’s fifty day simple moving average is $124.64 and its 200-day simple moving average is $134.07. The firm has a market cap of $13.56 billion, a PE ratio of 35.66, a price-to-earnings-growth ratio of 1.11 and a beta of 0.73. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the company posted $1.43 EPS. The company’s quarterly revenue was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Equities analysts forecast that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 annualized dividend and a yield of 1.3%. Jacobs Solutions’s dividend payout ratio is presently 44.72%.

Analyst Ratings Changes

A number of research firms have weighed in on J. Weiss Ratings lowered Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Citigroup boosted their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. KeyCorp lowered their price objective on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $169.00 price objective on shares of Jacobs Solutions in a research note on Tuesday. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $153.40.

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.