Jacobs Solutions Inc. (NYSE:J) has garnered a significant amount of attention recently. Firstlya, the cryptocurrency markets are experiencing a boom, and
Jacobs Solutions Inc. with its heavy institutional ownership of 87% is a firm favourite amongst 'the big guns'. Many firms, such as
NBC Securities Inc., Northern Trust Corp, and
Massmutual Trust Co. FSB ADV, are either purchasing new stakes or increasing existing ones. However, not all news is positive as institutions like
B. Riley Wealth Advisors Inc., Goldman Sachs Group Inc., and
CWM LLC are selling their shares. There have also been insider sales worth $1.8 million, possibly indicative of potential weakness.
However, overall optimism surrounds the stock, given its performance over the past five years, delivering a 97% return on investment.
Stifel Financial Corp and
Capital World Investors have expressed confidence in the stock by raising their holdings. Furthermore,
Jacobs Solutions Inc. is always innovating, currently advancing in the Reverse Morris Trust Deal and its engineering group just signed a lucrative contract with NASA. The company's Q2 earnings beat expectations, posting an adjusted EPS of $1.91 against an expected $1.85.
Jacobs Solutions Stocks News Analytics from Tue, 19 Dec 2017 08:00:00 GMT to Sun, 30 Jun 2024 13:43:58 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor 4