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State of Alaska Department of Revenue Sells 1,005 Shares of Jacobs Solutions Inc. (NYSE:J)

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State of Alaska Department of Revenue Sells 1,005 Shares of Jacobs Solutions Inc. (NYSE:J)



State of Alaska Department of Revenue reduced its position in Jacobs Solutions Inc. (NYSE:J – Free Report) by 5.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,272 shares of the company’s stock after selling 1,005 shares during the quarter. State of Alaska Department of Revenue’s holdings in Jacobs Solutions were worth $2,500,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Boston Partners lifted its stake in Jacobs Solutions by 268.4% in the fourth quarter. Boston Partners now owns 2,891,429 shares of the company’s stock valued at $375,623,000 after buying an additional 2,106,589 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Jacobs Solutions by 134.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,658,049 shares of the company’s stock valued at $215,215,000 after acquiring an additional 951,369 shares during the period. Ceredex Value Advisors LLC boosted its stake in Jacobs Solutions by 117.2% during the fourth quarter. Ceredex Value Advisors LLC now owns 615,289 shares of the company’s stock worth $79,865,000 after acquiring an additional 332,053 shares in the last quarter. Panagora Asset Management Inc. grew its holdings in Jacobs Solutions by 14,897.6% in the fourth quarter. Panagora Asset Management Inc. now owns 321,548 shares of the company’s stock worth $41,737,000 after purchasing an additional 319,404 shares during the period. Finally, Baupost Group LLC MA increased its stake in Jacobs Solutions by 49.2% in the fourth quarter. Baupost Group LLC MA now owns 727,786 shares of the company’s stock valued at $94,467,000 after purchasing an additional 240,000 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Trading Down 1.3 %

NYSE:J opened at $136.74 on Friday. Jacobs Solutions Inc. has a 52 week low of $119.76 and a 52 week high of $154.50. The firm has a 50-day moving average price of $139.74 and a two-hundred day moving average price of $140.87. The firm has a market cap of $17.12 billion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 1.60 and a beta of 0.70. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.17 and a current ratio of 1.17.

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Jacobs Solutions (NYSE:J – Get Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.84 by $0.07. The business had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.33 billion. Jacobs Solutions had a return on equity of 14.59% and a net margin of 3.83%. Jacobs Solutions’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the company posted $1.81 earnings per share. On average, equities analysts expect that Jacobs Solutions Inc. will post 7.98 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, May 24th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a $1.16 dividend on an annualized basis and a yield of 0.85%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 22.39%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Robert W. Baird reduced their target price on Jacobs Solutions from $168.00 to $163.00 and set an “outperform” rating for the company in a research note on Wednesday, May 8th. William Blair downgraded Jacobs Solutions from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 8th. Bank of America increased their target price on Jacobs Solutions from $145.00 to $152.00 and gave the stock a “neutral” rating in a report on Tuesday, April 2nd. Citigroup boosted their price target on shares of Jacobs Solutions from $161.00 to $169.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Finally, Argus raised their price objective on shares of Jacobs Solutions from $161.00 to $174.00 and gave the company a “buy” rating in a research note on Thursday, March 14th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $156.82.

View Our Latest Report on Jacobs Solutions

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Insiders Place Their Bets

In related news, CFO Kevin C. Berryman sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $145.31, for a total value of $217,965.00. Following the transaction, the chief financial officer now owns 231,604 shares in the company, valued at $33,654,377.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CFO Kevin C. Berryman sold 1,500 shares of the stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $145.31, for a total transaction of $217,965.00. Following the completion of the transaction, the chief financial officer now owns 231,604 shares in the company, valued at approximately $33,654,377.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Steven J. Demetriou sold 7,000 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $139.43, for a total value of $976,010.00. Following the transaction, the insider now owns 541,138 shares of the company’s stock, valued at approximately $75,450,871.34. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 22,500 shares of company stock valued at $3,180,575. Company insiders own 1.00% of the company’s stock.

Jacobs Solutions Company Profile

(Free Report)

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.

Further Reading

Institutional Ownership by Quarter for Jacobs Solutions (NYSE:J)



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Alaska

Lakes are growing in Alaska. That’s not entirely a bad thing

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Lakes are growing in Alaska. That’s not entirely a bad thing

The St. Elias Mountains in southeast Alaska are dotted with over 100 lakes where glaciers crumble into milky, turquoise water. Those lakes are expanding at an ever-quickening pace.

The lakes will quadruple in size over the next century or two, scientists report March 9 in the Proceedings of the National Academy of Sciences. This growth will transform landscapes, create new salmon habitat and may even change the course of a major river.

“We are seeing the great age of ice retreat” in Alaska, says Daniel McGrath, a glaciologist at Colorado State University in Fort Collins. “These glaciers are just peeling back from the landscape,” revealing deep grooves they carved in the Earth, where lakes are now forming.

Glacial hydrologist Eran Hood of the University of Alaska Southeast in Juneau, who was not part of the study, adds that “understanding where these lakes are going to emerge is important” because it “changes the whole nature of the downstream ecosystem.”

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Hugging the coastline along the Alaska-Canada border, the tiny mountainous region that includes the St. Elias Mountains is losing 60 cubic kilometers of ice per year. Because lakes absorb solar heat, the glaciers that shed ice into lakes are shrinking faster than those that terminate on dry land. Across southeast Alaska, these lakes attached to glaciers have expanded by 60 percent since 1986, reaching a combined area of 1,300 square kilometers.

McGrath and his colleagues wondered how far this runaway expansion might go. So, they combined satellite images with estimates of ice thickness — mapping deeply eroded grooves that are still hidden under glaciers.

The results were “eye-opening,” McGrath says. The team identified 4,200 square kilometers of glacier-covered grooves adjacent to existing lakes.

He and his colleagues predict that the lakes will continue to expand — causing rapid ice retreat — until they fill those grooves, reaching a combined size of around 5,500 square kilometers, an area the size of Delaware.

“By the end of this century, all of these lakes will probably be more or less fully developed,” says study coauthor Louis Sass III, a glaciologist with the U.S. Geological Survey at the Alaska Science Center in Anchorage. But those growing lakes are already reshaping entire landscapes in a way that is often overlooked in public discourse around glacier retreat.

Many of Alaska’s glaciers terminate on dry land, and their meltwater often creates barren, rocky floodplains downstream, where the streams alternate between trickles and floods — constantly branching and shifting course as they lay down sediment released by the glacier.

“Those habitats are fairly inhospitable for a lot of fish,” including some salmon, says Jonathan Moore, an aquatic ecologist with Simon Fraser University in Burnaby, Canada. The water is too cold, and fish eggs “get swept out or buried by the floods every year.”

But as glaciers retreat into lakes and those lakes expand, their meltwater has time to drop its sediment and warm a few degrees in the lake before spilling into a river. Rivers that carry less sediment are less prone to shifting channels.

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A 2025 study by Moore and remote sensing scientist Diane Whited of the University of Montana found that as glacial lakes expanded over 38 years in southeast Alaska, the downstream river channels stabilized, allowing willows and bushes to spread across floodplains.

“It creates salmon habitat,” Hood says. A 2021 study by Moore and Hood predicted that by 2100, glacial retreat in southeast Alaska will transform 6,000 kilometers of river channels into decent habitat for some local species of salmon. The lakes themselves will create spawning grounds for sockeye salmon — an important commercial species.

But these changes will come with upheaval.

For instance, one major river, the Alsek, will probably shift its course as retreating glaciers cause two lakes to merge, providing an easier path to the ocean.

People in Juneau are feeling another dramatic effect of expanding lakes. At least once per year, a lake dammed by the nearby Mendenhall Glacier spills out in a flash flood that gushes through town, forcing some residents to build protective levees around their homes.

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These ecosystems “are going to be transformed,” Moore says. “But that transformation is going to be pretty violent and pretty dangerous.”



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Andrew Kurka is eyeing Paralympic gold. After, his Alaska bed and breakfast awaits

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Andrew Kurka is eyeing Paralympic gold. After, his Alaska bed and breakfast awaits


CORTINA D’AMPEZZO, Italy — Andrew Kurka spent his childhood roaming the outdoors of rural Alaska at his family’s homestead near Nikolaevsk, with 600 acres at his fingertips, sleeping inside only because he had to. But it was always fishing that was the lure.

Even as a 5-year-old, the now 34-year-old para Alpine gold medalist was resolute.

In those early years, his mom, Amy Bleakney, joined Kurka on the edge of a river for hours and hours as he searched for that one fish he was trying to catch. While temperatures might have dipped and time dragged on, there was no stopping Kurka and his child-sized fishing pole.

“‘We can come back,’” Bleakney would try to tell her son. “‘The fish is still going to be here tomorrow.’ He’s like, ‘No, I got to get it.’”

Bleakney would sit in the truck and watch her son.

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“We didn’t leave until he caught his fish,” Bleakney said.

Thirty years later, Kurka still feels the pull of the water and Alaska. It’s been his home and the place that holds the next chapter of his life as he plans to step back from ski racing following the 2026 Milan Cortina Winter Paralympics. Shaped by the nature around him, he’ll be looking to help others find that sense of purpose with his next steps.

Just as he found his.

When Kurka was 13, he severely damaged three vertebrae in the middle of his spinal cord in an ATV accident. About three months after his accident, a family friend got him back in a boat and out on the water to go fishing. Kurka was in a back brace and still in excruciating pain, so the pair didn’t spend much time out. But that hour or so in the middle of nowhere was all Kurka needed.

“It was something that I wanted and something that I needed in my life, and he was able to help me get that, and then the moment that happens, he helped me set a new goal for myself: to be able to pursue being better,” Kurka said. “‘Hey, I want to do that, but on my own.’ You know?”

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Two years later, he tried a different elevation of the outdoors — down the slopes on a mono-ski for the first time through a program called Challenge Alaska, thanks to the encouragement of his physical therapist. Kurka crashed at the bottom, going straight down.

Those who helped Kurka suggested he try turning on his next go-around. Instead, Kurka again went straight down.

“The moment that I slid down that mountain, the moment I felt that speed, I felt so alive,” Kurka said. “I remembered, ‘Hey, I can live. This is life. I can do things.’”

On a chairlift ride back up, his instructor predicted his future, telling him, “You’d be a pretty good racer. You don’t seem to be afraid.” Kurka learned about the Paralympics. For a lifelong athlete who wanted to go to the Olympics as a wrestler, the conversation renewed Kurka’s desire for “being the best.”

Kurka first qualified for the U.S. Paralympic team in 2014. But he didn’t compete after crashing in training. He made his Team USA debut in 2018, winning two medals (a gold in downhill and silver in super-G). He became the first-ever Alaskan Paralympic medalist. He is scheduled to compete this week in the super-G (Monday), combined (Tuesday) and giant slalom (Thursday).

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Andrew Kurka celebrates with his silver medal from the super-G at the 2018 Paralympics. He also won gold in the downhill that year. (Lintao Zhang / Getty Images)

But with Kurka, there’s always something else brewing. And he knew his athletic career could set up his future. Not long after Kurka won his gold medal, Kurka started chatting to his now wife, Verónica, after the two met online. Kurka couldn’t stop talking about the property he had just found, telling her it was perfect.

“I was like, ‘OK, what’s your favorite color or something?’” Verónica Kurka says now with a laugh. “But he really, really wanted to talk about this project.”

Always a dream of his, he used his earnings to buy property and build cabins, looking to set up a retirement plan for himself. By the time Verónica visited Alaska some time later, Kurka was already living in one of the cabins. But in the process, after the 2018 Games, he realized he wanted it to be something more than just a build-and-sell investment.

Soon after, some of his friends came up to visit. So did someone whom Kurka barely knew, but he invited him up to Alaska on a challenge anyway.

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When Derek Demun posted a photo of a personal-best-sized halibut he caught in his home area of Southern California, Kurka saw it on a mutually followed Instagram account connecting impaired outdoorsmen in the United States. Not long after, Demun received a direct message from Kurka that read along the lines of, “Oh, that’s your personal best. Why don’t you come up to Alaska and beat it?”

Kurka told him about his wheelchair-accessible bed and breakfast, the Golden Standard, and his backstory as a para athlete. The two chatted on the phone, and Demun checked him out to make sure he was a real person. A week later, Demun had tickets to Alaska for a trip that summer of 2020 with his dad and friend. Kurka picked them up in Anchorage, and the adventure was on as they drove to the property near Palmer, about 45 miles from Anchorage.

They spent the days exploring the scenery and taking in the moose that would frequently appear as roadblocks. Evenings were spent around a firepit. And there were two fishing excursions on Kurka’s boat, when they headed out to open water, a nearly 2 1/2-hour trek.

“I have no idea where we’re at,” Demun said. “It’s raining, it’s cloudy. We’re rocking with the waves. I’m like, ‘Dude, we’re in Alaska. I’m fishing for halibut. I’m going to die out here. No one is going to know. I feel like I’m on a TV show.’

“But he held by his word. I was able to go and catch the biggest halibut I’ve ever caught in my life.”

Since that trip, Demun has gone back to Alaska nearly every summer. The adventures have continued with airplane tours — Kurka has a sport pilot license and a plane is next on his to-do list — Jet Ski rides up to glaciers and plenty more fishing.

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“When people think of Alaska, they think of igloos and polar bears and lots and lots of snow and just unaccessible terrain,” Demun said. “And me and Andrew, we have a little saying, like, complacency kills and comfort kills.”

Derek Demun

Derek Demun (pictured) took Andrew Kurka up on his offer to visit Alaska. “He held by his word,” Demun said. “I was able to go and catch the biggest halibut I’ve ever caught in my life.” (Courtesy of Derek Demun)

As the years have passed between visits, the number of cabins on the property has grown, and Kurka has found his purpose.

“There was that sense of peace, that sense of freedom and that sense of fun that they got on the ocean has stayed with them forever,” Kurka said. “Nature was what helped me to recover from my injury. You know that peacefulness that helped me to recover from my injury, and I want other people to experience that also to help them recover from their injury. And it’s really easy for me to provide that.”

It’s the time with family and building out his next plans for the Golden Standard that has Kurka looking forward to stepping back from ski racing. But Kurka won’t be slowing down. He’ll just be spending more time in Alaska compared with the extensive travel that comes with being on the circuit. There’s a bike-trail trip in Japan with Verónica in the works, and he wants to spend time forging knives. He’s working with a nonprofit mentoring young athletes. For the Golden Standard, he plans on getting his commercial pilot license to become a flight instructor for others with impairments, along with providing fly-in fishing and hunting trips.

But beyond the occasional trips out, he doesn’t want to turn fishing into an extended job, as the water remains a sacred place for him.

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“From my childhood, there’s been that outdoor sense of nature that has grabbed ahold of me,” Kurka said. “For me, nature and adventure is true freedom, because you stop worrying about everything else in life that doesn’t really matter. And that’s the piece of me that finds peace, and that’s what I search for. And I find bits and pieces of that inner peace while I’m competing. Because when I’m on the course and when I’m pushing out of the start gate, nothing else matters but that next one minute and 30 seconds worth of life-changing moments and dangerous speeds.

“But nothing about it compares to when I’m on the ocean in Alaska. … That’s the piece of me that I love and the piece of me that will always be in Alaska.”





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Alaska

Elim resident dies, child injured in snowmachine collision

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Elim resident dies, child injured in snowmachine collision


A 55-year-old Elim resident died in a snowmachine collision Friday night, Alaska State Troopers said.

The accident, which occurred in the Norton Sound village of fewer than 400 residents, was reported to the agency just before 11 p.m. Friday, troopers said in an online statement. The report indicated that Anna Aukon “was riding in a sled down a road when she was struck by a snowmachine also traveling on the road,” troopers said. Life-saving measures were administered but were unsuccessful, according to troopers.

A young child also sustained injuries in the collision and was medevaced from Elim, troopers said.

Aukon’s next of kin was at the scene, according to troopers, and her body was being taken to the State Medical Examiner Office.

Nome troopers responded to Elim on Saturday to investigate the collision, the agency said.

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