[SCHEDULE 13G/A] JACOBS SOLUTIONS INC. Amended Passive Investment Disclosure
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Jacobs Solutions Inc. common stock. As of the event date, BlackRock reported beneficial ownership of 9,130,540 shares of common stock, representing 7.7% of the outstanding class. BlackRock disclosed sole power to vote 8,523,441 shares and sole power to dispose of 9,130,540 shares, with no shared voting or dispositive power.
The filing notes that these holdings are attributed to certain BlackRock business units and may be held on behalf of various underlying clients, none of which individually has more than five percent of Jacobs Solutions’ outstanding common shares. BlackRock also certifies that the securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Jacobs Solutions.
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Insights
BlackRock reports a 7.7% passive stake in Jacobs, with sole voting and disposal power.
BlackRock, Inc. reports beneficial ownership of
The filing is made on a Schedule 13G/A basis, which is used for passive investors. BlackRock certifies that the position is held in the ordinary course of business and not with the purpose or effect of changing or influencing control. Various underlying clients have economic interests in these shares, but no single client exceeds five percent of Jacobs Solutions’ outstanding common stock.
For investors evaluating ownership structure, this indicates a significant institutional presence but one characterized as passive. Any future change in percentage ownership or a switch to a control-oriented filing type would typically appear in subsequent beneficial ownership reports.