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

Shares of Jacobs Solutions Inc. (NYSE:J) have been assigned an average rating of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $153.40.

Several research analysts have commented on J shares. Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Robert W. Baird decreased their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a report on Monday, April 13th. KeyCorp decreased their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Royal Bank Of Canada restated an “outperform” rating and issued a $169.00 price objective on shares of Jacobs Solutions in a report on Tuesday, May 19th. Finally, Citigroup upped their price objective on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th.

Jacobs Solutions Trading Up 0.9%

NYSE:J opened at $119.98 on Friday. The company has a fifty day moving average of $123.46 and a 200 day moving average of $132.77. Jacobs Solutions has a 52 week low of $105.68 and a 52 week high of $168.44. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $14.17 billion, a P/E ratio of 37.26, a P/E/G ratio of 1.16 and a beta of 0.73.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the prior year, the business earned $1.43 EPS. The company’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. On average, research analysts predict that Jacobs Solutions will post 7.22 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be issued a $0.36 dividend. The ex-dividend date is Friday, May 22nd. This represents a $1.44 annualized dividend and a yield of 1.2%. Jacobs Solutions’s dividend payout ratio is 44.72%.

Insiders Place Their Bets

In related news, CEO Robert V. Pragada acquired 3,601 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the acquisition, the chief executive officer owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares in the company, valued at $3,399,390.72. This represents a 5.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders purchased 4,257 shares of company stock worth $477,651. 0.48% of the stock is currently owned by corporate insiders.

Institutional Trading of Jacobs Solutions

Hedge funds and other institutional investors have recently modified their holdings of the business. Measured Wealth Private Client Group LLC purchased a new stake in shares of Jacobs Solutions in the 3rd quarter worth about $27,000. Wealth Watch Advisors INC purchased a new stake in shares of Jacobs Solutions in the 3rd quarter worth about $33,000. Princeton Global Asset Management LLC purchased a new stake in shares of Jacobs Solutions in the 4th quarter worth about $30,000. Central Pacific Bank Trust Division purchased a new stake in shares of Jacobs Solutions in the 4th quarter worth about $31,000. Finally, Golden State Wealth Management LLC grew its position in shares of Jacobs Solutions by 63.3% in the 3rd quarter. Golden State Wealth Management LLC now owns 258 shares of the company’s stock worth $39,000 after buying an additional 100 shares during the period. 85.65% of the stock is owned by hedge funds and other institutional investors.

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.