Jacobs Solutions Inc. (NYSE:J) has been the focus of various investment moves recently. Institutions like Summit Trail Advisors and the State of Alaska Department of Revenue are securing significant stakes, whilst others, like Louisbourg Investments and Marks Group Wealth Management are lessening theirs. Despite some analysts pointing towards underperformance, the company's Q1 earnings have beaten estimates, considerably lifting their stock price. The company's earnings announcements have been mostly positive, with their Q1 results beating expectations and an adjustment of their FY25 EPS Outlook. They recently implemented a share repurchase plan and increased their dividend to $0.32. A key contract with Dublin's BusConnects has also helped the stock rise. However, certain analysts like Citigroup have lowered their expectations, thus sparking debate. Their position in billionaire George Soros’ portfolio indicates faith in the company's future performance.
Jacobs Solutions Stocks News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 15 Feb 2025 07:31:59 GMT -
Rating 5
- Innovation 0
- Information 7
- Rumor -3
