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

Shares of Jacobs Solutions Inc. (NYSE:J) have earned a consensus rating of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $153.30.

Several research firms have recently issued reports on J. Truist Financial cut their price objective on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. KeyCorp decreased their price target 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. Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Royal Bank Of Canada lifted their price target on Jacobs Solutions from $169.00 to $171.00 and gave the stock an “outperform” rating in a research report on Wednesday.

Insider Transactions at Jacobs Solutions

In other news, Director Manuel J. Fernandez acquired 253 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average price of $112.56 per share, with a total value of $28,477.68. Following the purchase, the director directly owned 12,504 shares of the company’s stock, valued at $1,407,450.24. This trade represents a 2.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Robert V. Pragada bought 3,601 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the acquisition, the chief executive officer owned 333,755 shares in the company, valued at approximately $37,076,842.95. This represents a 1.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 4,257 shares of company stock worth $477,651 in the last 90 days. Company insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Empowered Funds LLC grew its stake in Jacobs Solutions by 92.3% in the 1st quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after acquiring an additional 3,226 shares during the period. Woodline Partners LP lifted its stake in Jacobs Solutions by 38.7% in the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after buying an additional 2,891 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Jacobs Solutions in the 2nd quarter worth about $321,000. Baird Financial Group Inc. boosted its holdings in Jacobs Solutions by 1.7% in the 2nd quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock worth $1,975,000 after buying an additional 248 shares during the last quarter. Finally, AXA S.A. increased its stake in Jacobs Solutions by 14.9% during the 2nd quarter. AXA S.A. now owns 19,670 shares of the company’s stock worth $2,586,000 after buying an additional 2,556 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Performance

Shares of Jacobs Solutions stock opened at $134.57 on Monday. The company has a market capitalization of $15.89 billion, a PE ratio of 41.79, a P/E/G ratio of 1.28 and a beta of 0.69. The company has a 50-day simple moving average of $123.84 and a two-hundred day simple moving average of $129.27. Jacobs Solutions has a one year low of $105.68 and a one year high of $168.44. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43.

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 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 analysts’ expectations of $2.28 billion. During the same period last year, the business earned $1.43 EPS. The company’s revenue was up 8.9% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Research analysts expect that Jacobs Solutions will post 7.23 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Stockholders 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 of this dividend was Friday, May 22nd. Jacobs Solutions’s payout ratio is 44.72%.

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.