Jacobs Solutions Inc. (NYSE:J) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Jacobs Solutions Inc. (NYSE:J) have been given an average rating of “Moderate Buy” by the twelve analysts that are covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $153.40.

Several equities research analysts recently weighed in on J shares. Citigroup lifted their price target on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada restated an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research report on Tuesday, May 19th. Robert W. Baird dropped their price target on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. KeyCorp dropped their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company dropped their price target on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th.

Jacobs Solutions Trading Up 1.2%

NYSE J opened at $122.32 on Thursday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. Jacobs Solutions has a twelve month low of $105.68 and a twelve month high of $168.44. The firm has a market capitalization of $14.44 billion, a PE ratio of 37.99, a P/E/G ratio of 1.17 and a beta of 0.69. The stock’s 50 day moving average is $121.70 and its 200 day moving average is $130.28.

Jacobs Solutions (NYSE:J) last released its quarterly 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 company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same period in the previous year, the company posted $1.43 earnings per share. The firm’s revenue was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Research analysts forecast that Jacobs Solutions will post 7.23 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

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

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Redwood Investment Management LLC purchased a new position in Jacobs Solutions during the first quarter valued at $1,045,000. Pacer Advisors Inc. raised its stake in Jacobs Solutions by 3,316.1% during the first quarter. Pacer Advisors Inc. now owns 398,487 shares of the company’s stock valued at $50,719,000 after buying an additional 386,822 shares during the last quarter. Rathbones Group PLC purchased a new position in Jacobs Solutions during the first quarter valued at $250,000. Pine Valley Investments Ltd Liability Co raised its stake in Jacobs Solutions by 3.7% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 22,410 shares of the company’s stock valued at $2,852,000 after buying an additional 794 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Jacobs Solutions by 59.8% during the first quarter. NewEdge Advisors LLC now owns 44,267 shares of the company’s stock valued at $5,634,000 after buying an additional 16,571 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.