Bank of America Corp DE Acquires New Position in Jacobs Solutions Inc. $J
MarketBeat
Bank of America Corp DE has acquired a new significant position in Jacobs Solutions Inc. (NYSE:J), purchasing 1.65 million shares valued at approximately $208.3 million during the second quarter. Other institutional investors like BlackRock Inc. and Primecap Management Co. CA also increased their stakes. The company reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.36 per share.
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