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

Jacobs Solutions (NYSE:J) was upgraded by stock 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 subject of a number of other research reports. Truist Financial decreased their price objective on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a research report on Friday, November 21st. Robert W. Baird reiterated a “neutral” rating and set a $146.00 price target (down previously from $161.00) on shares of Jacobs Solutions in a research report on Friday, November 21st. 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 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Finally, Bank of America dropped their price target on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $155.90.

Jacobs Solutions Stock Down 1.1%

NYSE:J opened at $139.98 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.30 and a quick ratio of 1.30. The company’s fifty day moving average price is $138.57 and its 200-day moving average price is $144.58. Jacobs Solutions has a 1-year low of $106.23 and a 1-year high of $168.44. The firm has a market capitalization of $16.53 billion, a P/E ratio of 57.84, a PEG ratio of 1.53 and a beta of 0.81.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.67 by $0.08. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $3.14 billion. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The firm’s revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. As a group, equities research analysts anticipate that Jacobs Solutions will post 6.05 EPS for the current year.

Insider Activity

In related news, CFO Venkatesh Nathamuni purchased 750 shares of the stock in a transaction on Monday, November 24th. The shares were bought at an average price of $135.11 per share, for a total transaction of $101,332.50. Following the completion of the acquisition, the chief financial officer directly owned 20,785 shares in the company, valued at approximately $2,808,261.35. This trade represents a 3.74% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Manuel J. Fernandez acquired 763 shares of Jacobs Solutions stock in a transaction dated Monday, November 24th. The stock was purchased at an average price of $130.78 per share, with a total value of $99,785.14. Following the completion of the purchase, the director directly owned 10,380 shares of the company’s stock, valued at $1,357,496.40. The trade was a 7.93% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have purchased 2,513 shares of company stock valued at $335,878. Insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Jacobs Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in J. Primecap Management Co. CA increased its position in shares of Jacobs Solutions by 2.1% during the second quarter. Primecap Management Co. CA now owns 4,749,829 shares of the company’s stock valued at $624,365,000 after purchasing an additional 96,387 shares during the period. Ninety One UK Ltd grew its stake in Jacobs Solutions by 20.4% during the third 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 last quarter. Boston Partners raised its position in Jacobs Solutions by 3.7% in the 3rd quarter. Boston Partners now owns 3,040,383 shares of the company’s stock valued at $456,746,000 after purchasing an additional 108,134 shares during the last quarter. Invesco Ltd. lifted its position in 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 in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Jacobs Solutions by 1.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,503,028 shares of the company’s stock valued at $381,687,000 after purchasing an additional 44,070 shares during the last quarter. 85.65% of the stock is currently owned by institutional investors.

About Jacobs Solutions

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.