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Rhumbline Advisers Cuts Position in Jacobs Solutions Inc. $J
Rhumbline Advisers has reduced its stake in Jacobs Solutions Inc. by 4.2%, selling 11,475 shares but still holding 258,750 shares valued at approximately $38.8 million. This comes as Jacobs Solutions reported mixed latest quarter results, with EPS beating estimates but revenue missing, and provided FY2026 guidance. The company also increased its quarterly dividend and observed insider buying activity.