Fri Sep 20 13:39:51 UTC 2024: ## Institutional Investors Shuffle Holdings in Jacobs Solutions Inc.

**New York, NY (MarketBeat News)** – Bradley Foster & Sargent Inc. CT trimmed its holdings in Jacobs Solutions Inc. (NYSE:J) by 8.7% during the second quarter, according to HoldingsChannel.com. The firm now owns 3,529 shares of the company, valued at $493,000.

Meanwhile, several other institutional investors made significant changes to their positions in Jacobs Solutions during the quarter. Renaissance Technologies LLC increased its holdings by a whopping 117.8%, now owning 166,800 shares worth $23,304,000. Dimensional Fund Advisors LP also boosted its stake by 11.8%, holding 1,212,285 shares valued at $169,366,000.

Other notable moves include Thompson Siegel & Walmsley LLC increasing its stake by 21.8%, Inspire Advisors LLC acquiring a new stake, and Oppenheimer Asset Management Inc. raising its position by a significant 817.6%.

Overall, 85.65% of Jacobs Solutions stock is currently owned by institutional investors and hedge funds.

**Jacobs Solutions Stock Performance**

The company’s stock opened at $149.46 on Friday, with a 1-year low of $120.71 and a 1-year high of $154.50. Jacobs Solutions boasts a market cap of $18.71 billion, a price-to-earnings ratio of 28.85, and a dividend yield of 0.78%.

**Analyst Sentiment**

Analysts remain optimistic about Jacobs Solutions. Five investment analysts have rated the stock with a hold rating, while eight have given it a buy rating. The average rating stands at “Moderate Buy” with an average price target of $161.67.

**Insider Trading**

In recent months, insiders have sold 21,516 shares of company stock, valued at $3,132,273. Currently, insiders own 1.00% of the stock.

**Company Overview**

Jacobs Solutions Inc. is a global provider of technical, engineering, and project delivery services for government and private sectors. The company operates in various segments, including Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting.

**For more information on Jacobs Solutions Inc. and its stock performance, please visit HoldingsChannel.com.**

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