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

Shares of Jacobs Solutions Inc. (NYSE:J) have received an average rating of “Moderate Buy” from the twelve research firms that are covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $156.60.

A number of research analysts recently commented on the company. Wall Street Zen raised Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a report on Monday, December 29th. The Goldman Sachs Group assumed coverage on shares of Jacobs Solutions in a report on Monday, November 24th. They set a “buy” rating and a $158.00 price target for the company. Finally, Wells Fargo & Company increased their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Friday, January 23rd.

Jacobs Solutions Trading Up 0.7%

Shares of NYSE:J opened at $129.29 on Tuesday. The business’s 50 day simple moving average is $136.60 and its 200 day simple moving average is $142.52. Jacobs Solutions has a 1 year low of $106.23 and a 1 year high of $168.44. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market capitalization of $15.18 billion, a P/E ratio of 35.42, a P/E/G ratio of 1.33 and a beta of 0.78.

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

Jacobs Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 20th were paid a dividend of $0.36 per share. The ex-dividend date was Friday, February 20th. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. This represents a $1.44 annualized dividend and a yield of 1.1%. Jacobs Solutions’s dividend payout ratio is currently 39.45%.

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the sale, the president owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Jacobs Solutions

Institutional investors have recently modified their holdings of the business. Measured Wealth Private Client Group LLC acquired a new stake in Jacobs Solutions in the third quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC raised its stake in Jacobs Solutions by 103.3% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after acquiring an additional 95 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Jacobs Solutions by 65.4% in 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 last quarter. Wealth Watch Advisors INC bought a new position in shares of Jacobs Solutions in the third quarter worth about $33,000. Finally, Godsey & Gibb Inc. boosted its stake in shares of Jacobs Solutions by 121.0% in the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after purchasing an additional 121 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

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.