Jacobs Solutions (NYSE:J) Lowered to Buy Rating by Wall Street Zen

Wall Street Zen cut shares of Jacobs Solutions (NYSE:J) from a strong-buy rating to a buy rating in a research report released on Sunday.

Other equities research analysts have also issued reports about the stock. The Goldman Sachs Group assumed coverage on shares of Jacobs Solutions in a research note on Monday, November 24th. They issued a “buy” rating and a $158.00 price target on the stock. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Royal Bank Of Canada dropped their target price on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Robert W. Baird cut Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Finally, KeyCorp raised their price target on Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $156.60.

Jacobs Solutions Trading Up 0.9%

NYSE J opened at $132.65 on Friday. Jacobs Solutions has a 52 week low of $106.23 and a 52 week high of $168.44. 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 stock’s 50 day moving average price is $137.58 and its two-hundred day moving average price is $144.81. The stock has a market capitalization of $15.58 billion, a price-to-earnings ratio of 36.34, a PEG ratio of 1.37 and a beta of 0.80.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.01. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the business earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, analysts anticipate that Jacobs Solutions will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be given a $0.36 dividend. The ex-dividend date of this dividend is Friday, February 20th. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions’s payout ratio is 35.07%.

Insider Buying and Selling

In other Jacobs Solutions news, Director Manuel J. Fernandez bought 763 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average cost of $130.78 per share, with a total value of $99,785.14. Following the acquisition, the director owned 10,380 shares of the company’s stock, valued at $1,357,496.40. The trade was a 7.93% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter J. Robertson purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was acquired at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the purchase, the director owned 1,000 shares in the company, valued at $134,760. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 2,513 shares of company stock valued at $335,878. 0.48% of the stock is owned by insiders.

Institutional Trading of Jacobs Solutions

Several institutional investors 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 3rd quarter worth $27,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of 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 acquiring an additional 95 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Jacobs Solutions by 65.4% during the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after acquiring an additional 87 shares during the period. Wealth Watch Advisors INC acquired a new stake in Jacobs Solutions in the 3rd quarter worth about $33,000. Finally, Godsey & Gibb Inc. raised its stake in Jacobs Solutions by 121.0% in the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after purchasing an additional 121 shares in the last quarter. 85.65% of the stock is currently owned by 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.