Vanguard Group Inc. decreased its stake in Jacobs Solutions Inc. by 0.7% during the third quarter, selling 94,203 shares, though it still holds a significant 11.46% of the company. Meanwhile, company insiders, including the CFO and a director, purchased shares, increasing their overall ownership. Jacobs Solutions also raised its quarterly dividend, reported Q1 results that beat EPS estimates but missed revenue, and analysts maintain a “Moderate Buy” rating with a consensus target price of $156.60.
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Vanguard Group Inc. Sells 94,203 Shares of Jacobs Solutions Inc. $J
Vanguard Group Inc. decreased its stake in Jacobs Solutions Inc. by 0.7% during the third quarter, selling 94,203 shares, though it still holds a significant 11.46% of the company. Meanwhile, company insiders, including the CFO and a director, purchased shares, increasing their overall ownership. Jacobs Solutions also raised its quarterly dividend, reported Q1 results that beat EPS estimates but missed revenue, and analysts maintain a “Moderate Buy” rating with a consensus target price of $156.60.