ING Groep NV significantly reduced its stake in Jacobs Solutions Inc. by selling 67,057 shares in the third quarter, decreasing its holdings by 87.6%. Despite this, several other institutional investors increased their positions in Jacobs Solutions. The company recently announced an increase in its quarterly dividend and insider buying activities, while analysts have a “Moderate Buy” rating with an average target price of $156.60.
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ING Groep NV Sells 67,057 Shares of Jacobs Solutions Inc. $J
ING Groep NV significantly reduced its stake in Jacobs Solutions Inc. by selling 67,057 shares in the third quarter, decreasing its holdings by 87.6%. Despite this, several other institutional investors increased their positions in Jacobs Solutions. The company recently announced an increase in its quarterly dividend and insider buying activities, while analysts have a “Moderate Buy” rating with an average target price of $156.60.