From MarketBeat:

Signature Estate & Investment Advisors LLC acquired a new stake in Jacobs Solutions Inc. in the third quarter, purchasing 17,902 shares worth $2,444,000. Other institutional investors also made changes to their positions in the company. On Friday, Jacobs Solutions stock traded at $126.58 with a market cap of $15.99 billion and a P/E ratio of 23.93. Analysts predict the company will post 8.05 EPS for the current year (source: MarketBeat).

Jacobs Solutions released its quarterly earnings, reporting $1.90 earnings per share for the quarter and a revenue of $4.29 billion, up 10.5% from the same quarter last year. Despite falling short of the consensus estimate of $2.02, analysts remain optimistic about the company. As of December 15th, insiders have sold a total of 30,498 shares of company stock valued at $4,038,564. 1.00% of the stock is owned by insiders.

Based on the latest 13F filings and insider trades, a number of equities research analysts believe that Jacobs Solutions is a “Moderate Buy” with an average price target of $149.60 (source: MarketBeat). Despite this, Jacobs Solutions was not among the list of five top stocks recommended by top-rated analysts. Jacobs Solutions Inc. provides consulting, technical, engineering, and project delivery services.



Read more: Signature Estate & Investment Advisors LLC Buys New Position in Jacobs Solutions Inc. (NYSE:J)