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

Jacobs Solutions Inc. (NYSE:JGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the twelve research firms that are covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $153.10.

Several equities research analysts have commented on J shares. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Truist Financial reduced their price target on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research report on Thursday, July 2nd. Wells Fargo & Company decreased their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a report on Thursday, May 7th. Robert W. Baird lowered their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $169.00 price objective on shares of Jacobs Solutions in a research note on Tuesday, May 19th.

Get Our Latest Report on Jacobs Solutions

Jacobs Solutions Price Performance

Jacobs Solutions stock opened at $131.88 on Monday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $15.57 billion, a P/E ratio of 40.96, a PEG ratio of 1.28 and a beta of 0.69. The business has a 50-day moving average of $121.95 and a 200-day moving average of $129.32. Jacobs Solutions has a 1 year low of $105.68 and a 1 year high of $168.44.

Jacobs Solutions (NYSE:JGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.28 billion. During the same period last year, the company posted $1.43 EPS. Jacobs Solutions’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, equities analysts anticipate that Jacobs Solutions will post 7.23 EPS for the current year.

Jacobs Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, May 22nd were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is 44.72%.

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, CEO Robert V. Pragada acquired 3,601 shares of the firm’s stock in a transaction that occurred 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 transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Manuel J. Fernandez bought 253 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $112.56 per share, with a total value of $28,477.68. Following the completion of the purchase, the director owned 12,504 shares in the company, valued at $1,407,450.24. This represents a 2.07% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 4,257 shares of company stock worth $477,651. 0.48% of the stock is currently owned by insiders.

Institutional Trading of Jacobs Solutions

Several hedge funds have recently bought and sold shares of the stock. Vident Advisory LLC lifted its position in shares of Jacobs Solutions by 0.8% during the second quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock worth $1,287,000 after acquiring an additional 75 shares in the last quarter. Gratus Wealth Advisors LLC grew its position in shares of Jacobs Solutions by 1.3% in the fourth quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock valued at $820,000 after purchasing an additional 81 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its position in shares of Jacobs Solutions by 0.7% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company’s stock valued at $1,585,000 after purchasing an additional 81 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Jacobs Solutions by 10.4% during the 3rd quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock valued at $137,000 after purchasing an additional 86 shares during the period. Finally, Kestra Private Wealth Services LLC raised its stake in shares of Jacobs Solutions by 2.2% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company’s stock valued at $661,000 after purchasing an additional 93 shares during the period. 85.65% of the stock is currently owned by institutional investors and hedge funds.

About Jacobs Solutions

(Get Free Report)

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.

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Analyst Recommendations for Jacobs Solutions (NYSE:J)

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