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Jacobs Solutions Inc. $J Shares Bought by Pictet Asset Management Holding SA
Pictet Asset Management Holding SA significantly increased its stake in Jacobs Solutions Inc. (NYSE:J) during the fourth quarter, purchasing an additional 60,278 shares to bring its total holding to 126,717 shares, valued at approximately $16.8 million. Other institutional investors also adjusted their positions in the company. Jacobs Solutions has a consensus “Moderate Buy” rating from analysts with an average price target of $154.60 and recently announced a quarterly dividend of $0.36 per share.