Jacobs Solutions (NYSE:J) Upgraded to Hold at Zacks Research

Jacobs Solutions (NYSE:J) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other research analysts have also recently commented on J. The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They issued a “buy” rating and a $158.00 target price for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Royal Bank Of Canada lowered their target price on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, November 21st. Truist Financial cut their target price on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday, November 21st. Finally, Robert W. Baird lowered Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $156.60.

Jacobs Solutions Price Performance

Shares of NYSE J opened at $148.77 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.30. The firm has a market capitalization of $17.47 billion, a PE ratio of 40.76, a P/E/G ratio of 1.47 and a beta of 0.80. Jacobs Solutions has a 1-year low of $106.23 and a 1-year high of $168.44. The business’s fifty day moving average price is $137.17 and its two-hundred day moving average price is $144.79.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.01. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $3.09 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.33 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, research analysts expect that Jacobs Solutions will post 6.05 EPS for the current year.

Insider Activity at Jacobs Solutions

In other Jacobs Solutions news, Director Manuel J. Fernandez bought 763 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were bought at an average price of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the acquisition, the director owned 10,380 shares of the company’s stock, valued at approximately $1,357,496.40. This trade represents a 7.93% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Peter J. Robertson bought 1,000 shares of the stock in a transaction dated Monday, November 24th. The stock was acquired at an average price of $134.76 per share, with a total value of $134,760.00. Following the completion of the purchase, the director owned 1,000 shares of the company’s stock, valued at $134,760. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 2,513 shares of company stock valued at $335,878 in the last three months. Corporate insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Jacobs Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in J. Ameriprise Financial Inc. increased its position in Jacobs Solutions by 828.5% in the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after purchasing an additional 1,184,068 shares during the period. AQR Capital Management LLC boosted its stake in shares of Jacobs Solutions by 68.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after purchasing an additional 525,291 shares during the last quarter. Ninety One UK Ltd grew its position in shares of Jacobs Solutions by 20.4% during the 3rd quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock worth $460,016,000 after buying an additional 520,417 shares during the period. Invesco Ltd. grew its position in shares of Jacobs Solutions by 21.4% during the 2nd quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock worth $342,738,000 after buying an additional 460,283 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Jacobs Solutions by 350.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 552,594 shares of the company’s stock worth $72,638,000 after buying an additional 429,880 shares during the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Jacobs Solutions Company Profile

Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.