Jacobs Solutions Inc. Discloses $220,000 Lobbying Expenditure

Jacobs Solutions Inc. recently reported $220,000 in lobbying efforts for Q1 of 2025, as detailed in a new Lobbying Disclosure Act filing.

Key Lobbying Issues Addressed

The lobbying initiatives encompassed several significant issues, including:

• Infrastructure Investment and Jobs Act (P.L. 117-58) related to infrastructure resiliency and funding.
• Highway Trust Fund funding.
• Port and rail infrastructure, including concerns related to Amtrak.
• FY 2025 and FY 2026 appropriations for the Energy and Water Development and Related Agencies and defense-related appropriations.
• Programs stemming from the Inflation Reduction Act (P.L. 117-169) affecting electricity transmission and clean energy production.
• Water-related infrastructure issues, including the Environmental Protection Agency’s Superfund program and low-income water assistance.
• Concerns surrounding military construction, national security, and cybersecurity in the context of Department of Defense appropriations.
• Infrastructure needs related to Ukraine reconstruction.

The breadth of lobbying efforts reflects Jacobs Solutions’ comprehensive approach towards various funding and infrastructure-related legislative issues.

Recent Insider Trading Activity

Over the past six months, insiders at Jacobs Solutions have engaged in market activity involving J stock on two occasions, exclusively making purchases.

Here’s a summary of the insider trading activity:

• MANUEL J FERNANDEZ made two purchases totaling 272 shares for an estimated $33,646.

For ongoing updates, you can monitor insider transactions through Quiver Quantitative’s trading dashboard.

Hedge Fund Movements

In the latest quarter, a total of 395 institutional investors acquired shares of J stock, while 349 investors decreased their positions.

The following are some notable transactions:

• KOVITZ INVESTMENT GROUP PARTNERS, LLC increased holdings by 3,597,564 shares (+345.9%), amounting to $480,706,501.
• LAZARD ASSET MANAGEMENT LLC added 1,904,988 shares (+933.6%) for an estimated $254,544,496.
• RUANE, CUNNIFF & GOLDFARB L.P. reduced its stake by 1,319,295 shares (-52.1%), valued at $176,284,197.
• BARROW HANLEY MEWHINNEY & STRAUSS LLC lowered its position by 746,118 shares (-23.1%), estimated at $99,696,287.
• CITADEL ADVISORS LLC decreased holdings by 705,490 shares (-68.9%), worth $94,267,573.
• NINETY ONE UK LTD increased its investment by 449,161 shares (+29.2%), totaling $60,016,892.
• PROFICIO CAPITAL PARTNERS LLC added 446,057 shares (+15913.6%), valued at $59,602,136.

To stay updated on hedge fund transactions, Quiver Quantitative offers a comprehensive institutional holdings dashboard.

Recent Analyst Ratings

In recent months, Wall Street analysts have evaluated J stock, with one firm issuing a buy rating and none issuing a sell rating.

Recent analyst highlights include:

• Citigroup issued a “Buy” rating on October 22, 2024.

For further insights on analyst ratings and price targets for J stock, visit Quiver Quantitative’s forecast page.

This article is not financial advice. Please refer to Quiver Quantitative’s disclaimers for more information.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.