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Citigroup Inc. Buys 35,380 Shares of Jacobs Solutions Inc. $J
Citigroup Inc. increased its stake in Jacobs Solutions Inc. by 34.2% during the third quarter, acquiring an additional 35,380 shares, bringing its total to 138,833 shares valued at approximately $20.8 million. Other institutional investors also adjusted their holdings in Jacobs Solutions, which recently reported Q3 earnings of $1.53 EPS on $2.30 billion revenue and raised its quarterly dividend to $0.36 per share. Analysts currently have an average “Moderate Buy” rating for the stock with a target price of $156.60.