Alaska

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

Published

2 years ago

July 7, 2024

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.

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

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.

Alaska study sees mixed results on links between kelp farms and CO2 levels – Homer News

Published

8 hours ago

June 18, 2026

Press Room

Alaska study sees mixed results on links between kelp farms and CO2 levels

Published 5:30 am Thursday, June 18, 2026

A study into the amount of CO2 absorbed at a pair of Alaska kelp farms is throwing some cold water on hopes that seaweed could be an answer to climate change.

Alaska kelp farms, which have been viewed as a potential boon for reducing local carbon-dioxide levels, have surprisingly murky effects on atmospheric CO2 removal, according to a new study.

A University of Alaska Fairbanks-led project measured the amount of CO2 that was emitted and absorbed at two kelp farms in the Gulf of Alaska during the 2023-2024 growing season. The outcome was mixed — one farm slightly reduced carbon dioxide in the local environment while the other added more to it.

Marine carbon dioxide removal (mCDR) has been touted as a potential strategy to reduce atmospheric carbon dioxide levels, with the ocean serving as a sink for human-produced CO2.

The study, which was recently published in the journal Ocean Science, is the first to measure mCDR in Alaska waters. It focused on kelp farms, which can draw down CO2 through the process of photosynthesis.

“It’s easy to jump on the bandwagon that seaweed is going to change the world, but ultimately we want to be honest to the public,” said Amanda Kelley, an associate professor at UAF’s College of Fisheries and Ocean Sciences and a contributor to the study.

“Really, it’s very nuanced, and there are a lot of factors that affect kelp’s ability to do that.”

Josianne Haag, who led the project as a UAF doctoral student, installed sensors both inside and outside kelp farms in Windy Bay near Cordova and Kalsin Bay on Kodiak Island. From seeding to harvest, hourly data was collected on ocean chemistry, temperature, salinity and oxygen levels.

The two sites had numerous differences, including the type of seaweed being planted, the timing of their growing seasons and the size of the farms. Also, Windy Bay’s tides are more extreme than Kalsin Bay’s.

The results were striking and varied. The farms flipped between absorbing and releasing carbon dioxide depending on the amount of sunlight and the time of day. Extreme low tides affected CO2 levels by flushing groundwater into the area, briefly raising carbon dioxide levels.

A film of marine fauna grew on some of the farm equipment in Kalsin Bay, leading to a burst of carbon dioxide production through their respiration.

Overall, the Windy Bay farm slightly reduced nearby atmospheric marine carbon dioxide levels while the Kalsin Bay farm boosted them. Measurements will continue at the farms for at least two more years, but the first season revealed that a kelp farm’s recipe for carbon intake and output is surprising and complex.

“It’s really not doing much in either direction,” Haag said. “The farms aren’t necessarily harming anything, but we shouldn’t be blowing out of proportion that they’re going to save us from climate change.”

The study was part of the Mariculture Research and Restoration Consortium project, which is an ongoing effort to look at the impacts and benefits of mariculture in Alaska. Mar ReCon research is funded by the Exxon Valdez Oil Spill Trustee Council.

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Alaska

Gagnon Coal Seam Fire reported near Healy

Published

18 hours ago

June 18, 2026

Press Room

Gagnon Coal Seam Fire reported near Healy

By Alaska Division of Forestry & Fire Protection on June 17, 2026

At approximately 7:30 p.m. Wednesday evening, a fire was reported off Healy Spur Road. The Division of Forestry & Fire Protection, along with the Tri-Valley Volunteer Fire Department and Anderson Fire Department, responded to the Gagnon Coal Seam Fire (#206).

Estimated at 3 acres, the fire was burning in grass with approximately 50% of the perimeter actively burning. A five person Initial Attack squad, helicopter, and engine responded. Light rain was reported at the incident upon arrival.

There are no structures threatened, and there are no evacuations in place. This will be the last update on this incident, unless conditions change.

This map shows the location of the Gagnon Coal Seam Fire (#206) located on the Healy Spur Road east of Usibelli on Wednesday, June 17, 2026. Click on the image to download a PDF type file to enlarge or print.

‹ DFFP is responding to the Bulchitna Fire in the Fish Lakes area of the Yentna River

Categories: Active Wildland Fire, Alaska DNR – Division of Forestry & Fire Protection (DFFP)

Tags: 2026 Alaska Fire Season, coal seam, DFFP Northern Region, Gagnon Coal Seam Fire

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Alaska

Shootout with police at South Anchorage Walmart leaves man dead and officer injured, police chief says

Published

1 day ago

June 17, 2026

Press Room

Shootout with police at South Anchorage Walmart leaves man dead and officer injured, police chief says

Anchorage police shot and killed a shoplifting suspect, who also allegedly shot two officers, during an attempted arrest at a Walmart on the city’s southside late Tuesday.

That’s according to Anchorage Police Chief Sean Case, who shared preliminary details of the incident in a press conference with news media Wednesday morning.

One officer remained hospitalized in stable condition Wednesday after the shoplifting suspect shot him in the lower body, Case said. Another officer was shot in the chest, but protective armor stopped the shots, the police chief said.

“We almost lost an officer last night, probably two, at what took place,” Case said. “This went from a simple misdemeanor arrest to a very violent act at the snap of a finger in close quarters.”

Case described a chaotic struggle between the man – whose name police have not yet released – and three officers responding to a reported shoplifting at the Walmart store on the Old Seward Highway near Dimond Boulevard at about 10:25 p.m. Tuesday.

Walmart staff had stopped the man and brought him to a loss prevention office at the store, because they believed he had some stolen merchandise that was hidden on his person, Case said. The man was sitting in the office with Walmart employees when officers arrived, Case said.

In the small room, the officers were getting some basic information when the man tried to flee, Case said.

“The three officers and the suspect went down to the ground,” Case said. “During the struggle, the suspect fired rounds at one of the officers that hit him twice in the lower body. The suspect then fired some additional rounds that struck another officer in the chest. That round was stopped by a ballistic plate in his vest.”

Wesley Early

Alaska Public Media

Anchorage Police Chief Sean Case discusses a police shooting with news media on June 17, 2026. The shooting occurred at a Walmart near Dimond Boulevard the night before.

Case said officers were unaware the man had a gun on him until he began firing.

The officer struck in the chest returned fire, killing the man, Case said.

“The officer that was struck in the lower body was immediately transported to a local hospital,” he said. “The other two officers that were in the room also sustained injuries, and they went to the hospital later and were cleared.”

Case said the shooting was contained to the loss prevention office and did not spill out into the rest of the store.

Calls to Walmart went unanswered Wednesday morning. An Anchorage Reddit user who said they were at the store described employees rushing shoppers out after the shooting.

The store remained closed Wednesday as yellow tape blocked the entrance and investigators appeared to be inside analyzing the scene.

Under Anchorage Police Department policy, the names of the officers involved in the incident will be released after 72 hours. Case said the officers were part of the department’s Patrol Division.

This is the third fatal police shooting in Anchorage so far in 2026 and the fifth police shooting overall. Case said the city has seen “too much gun violence” in recent months and that the community needs to come together to address solutions.

“The Anchorage Police Department is going to keep these conversations going even if these conversations lead to criticism on how we do and conduct our business,” Case said. “We are open for all the conversations, so that we can move forward as a community to see some of these numbers go down.”

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