Jacobs Solutions Inc. (NYSE:J) recently disclosed a
$220,000 lobbying campaign, with multiple investment firms altering positions in the stock. It has been labelled
cheap despite setbacks from DOGE and tariffs. However, alternatives are suggested due to inherent risks in the stock.
Russell Investments Group Ltd. and FIL Ltd have reduced their stake while
Evergreen Capital Management LLC, Federated Hermes Inc., and Greenwood Gearhart Inc. increased their share. The company’s stock has seen a
3.1% decrease over the week, and there are concerns about it underperforming the Dow. Nevertheless,
Jacobs Solutions reported soaring by
7.0%. The securing of a
U.S. Air Force contract and a
$1.5 billion deal for environmental services are significant developments. Institutional ownership is dominant at
87%. Amidst weak performances, the company’s strong financials and potential growth indicators are noted. The price target was recently cut to
$130.00 by analysts. There were mixed transactions from different firms with some reducing their stake and others growing. It recently hit a new 1-year low, yet firm fundamentals and potential growth metrics point to a possible uptrend. The company’s five-year earnings growth has been found trailing behind shareholder returns. They have announced an effective date for a strategic
spin-off and the initiation of a dividend increase to $0.32. An easing of voting rules was recently approved by shareholders.
Jacobs Solutions Stocks News Analytics from Thu, 29 Aug 2024 07:00:00 GMT to Sat, 19 Apr 2025 23:28:00 GMT -
Rating -1
- Innovation 3
- Information 7
- Rumor 6