Jacobs Solutions (NYSE:J) Stock Rating Upgraded by Wall Street Zen

Jacobs Solutions (NYSE:J) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

J has been the topic of a number of other research reports. The Goldman Sachs Group assumed coverage on Jacobs Solutions in a research report on Monday, November 24th. They issued a “buy” rating and a $158.00 target price on the stock. Truist Financial decreased their target price on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. Wells Fargo & Company lifted their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. KeyCorp boosted their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Barclays increased their price objective on shares of Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $156.60.

Jacobs Solutions Stock Performance

NYSE J opened at $148.77 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33. The stock’s fifty day moving average is $137.17 and its two-hundred day moving average is $144.85. The firm has a market capitalization of $17.47 billion, a P/E ratio of 40.76, a price-to-earnings-growth ratio of 1.54 and a beta of 0.80. Jacobs Solutions has a fifty-two week low of $106.23 and a fifty-two week high of $168.44.

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

Insider Buying and Selling

In related news, Director Manuel J. Fernandez acquired 763 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was acquired at an average price of $130.78 per share, for a total transaction of $99,785.14. Following the purchase, the director owned 10,380 shares of the company’s stock, valued at $1,357,496.40. This represents a 7.93% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter J. Robertson bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the completion of the purchase, the director directly owned 1,000 shares of the company’s stock, valued at approximately $134,760. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 2,513 shares of company stock valued at $335,878 in the last three months. 0.48% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Jacobs Solutions

Institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its holdings in shares of Jacobs Solutions by 828.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after buying an additional 1,184,068 shares in the last quarter. AQR Capital Management LLC lifted its position in Jacobs Solutions by 68.8% in the second quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after acquiring an additional 525,291 shares during the last quarter. Ninety One UK Ltd boosted its stake in Jacobs Solutions by 20.4% in the third quarter. Ninety One UK Ltd now owns 3,069,636 shares of the company’s stock valued at $460,016,000 after acquiring an additional 520,417 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Jacobs Solutions by 21.4% during the second quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock worth $342,738,000 after purchasing an additional 460,283 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings 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 purchasing an additional 429,880 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

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.