Jacobs Solutions Inc. $J Shares Bought by Exchange Traded Concepts LLC

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Exchange Traded Concepts LLC increased its stake in Jacobs Solutions Inc. (NYSE:J) by 14.9% in Q4, bringing its total to 97,827 shares valued at $12.96 million, while institutional investors collectively own 85.65% of the company. The company reported Q4 EPS of $1.53, slightly beating estimates, but missed revenue expectations with $2.30 billion against $3.09 billion. Jacobs Solutions also raised its quarterly dividend to $0.36 per share, resulting in an annualized dividend of $1.44 and a yield of 1.1%.

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