JPMorgan Chase & Co. Purchases 73,567 Shares of Jacobs Solutions Inc. $J

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JPMorgan Chase & Co. increased its stake in Jacobs Solutions Inc. by 13.5% during the third quarter, acquiring an additional 73,567 shares to own a total of 617,718 shares valued at $92.57 million. Other institutional investors also adjusted their holdings in Jacobs Solutions. The company’s stock has an average “Moderate Buy” rating from analysts with a consensus target price of $156.60, and it recently announced an increase in its quarterly dividend.

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