Brokerages Set Jacobs Solutions Inc. (NYSE:J) Target Price at $156.60

Jacobs Solutions Inc. (NYSE:J) has earned an average recommendation of “Moderate Buy” from the twelve brokerages that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $156.60.

A number of equities analysts have recently issued reports on the stock. Robert W. Baird lowered shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Truist Financial dropped 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. Wells Fargo & Company increased their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Citigroup lowered their target price on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Finally, The Goldman Sachs Group initiated coverage on Jacobs Solutions in a research note on Monday, November 24th. They set a “buy” rating and a $158.00 price target on the stock.

Jacobs Solutions Trading Up 4.8%

Shares of J opened at $139.83 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 company has a market cap of $16.42 billion, a price-to-earnings ratio of 38.31, a PEG ratio of 1.38 and a beta of 0.80. The stock has a fifty day moving average price of $137.74 and a two-hundred day moving average price of $144.31. Jacobs Solutions has a 52-week low of $106.23 and a 52-week high of $168.44.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period last year, the company posted $1.33 earnings per share. The firm’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. Analysts predict that Jacobs Solutions will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, February 20th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.0%. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, February 20th. Jacobs Solutions’s payout ratio is presently 39.45%.

Institutional Trading of Jacobs Solutions

Several institutional investors and hedge funds have recently made changes to their positions in the business. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions in the 3rd quarter worth $27,000. Cary Street Partners Investment Advisory LLC lifted its stake in Jacobs Solutions by 103.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock valued at $25,000 after buying an additional 95 shares during the period. Geneos Wealth Management Inc. lifted its stake in Jacobs Solutions by 65.4% in the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock valued at $33,000 after buying an additional 87 shares during the period. Wealth Watch Advisors INC bought a new position in Jacobs Solutions during the third quarter worth about $33,000. Finally, Godsey & Gibb Inc. grew its position in shares of Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after buying an additional 121 shares during the period. 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.