Jacobs Solutions Inc. (NYSE:J) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Jacobs Solutions Inc. (NYSE:J) have received an average rating of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $153.40.

A number of equities analysts recently issued reports on the company. KeyCorp decreased their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Wells Fargo & Company decreased their target price on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $169.00 price target on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Finally, Robert W. Baird dropped their price objective on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th.

Insider Activity

In other news, Director Manuel J. Fernandez purchased 403 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average cost of $121.93 per share, for a total transaction of $49,137.79. Following the completion of the purchase, the director directly owned 12,251 shares of the company’s stock, valued at approximately $1,493,764.43. The trade was a 3.40% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert V. Pragada purchased 3,601 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the completion of the purchase, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at approximately $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 4,257 shares of company stock worth $477,651 over the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Jacobs Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in Jacobs Solutions during the third quarter valued at about $27,000. Princeton Global Asset Management LLC bought a new stake in shares of Jacobs Solutions in the 4th quarter valued at approximately $30,000. Central Pacific Bank Trust Division bought a new stake in shares of Jacobs Solutions in the 4th quarter valued at approximately $31,000. Wealth Watch Advisors INC bought a new stake in shares of Jacobs Solutions in the 3rd quarter valued at approximately $33,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Jacobs Solutions in the 4th quarter valued at approximately $38,000. 85.65% of the stock is currently owned by institutional investors.

Jacobs Solutions Stock Down 1.4%

Shares of Jacobs Solutions stock opened at $123.90 on Thursday. The business’s fifty day moving average price is $121.60 and its two-hundred day moving average price is $129.97. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.43. The company has a market capitalization of $14.63 billion, a P/E ratio of 38.48, a PEG ratio of 1.22 and a beta of 0.69. Jacobs Solutions has a 1-year low of $105.68 and a 1-year high of $168.44.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the previous year, the business earned $1.43 EPS. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, research analysts forecast that Jacobs Solutions will post 7.23 EPS for the current year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 22nd were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, May 22nd. Jacobs Solutions’s payout ratio is currently 44.72%.

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.