KeyCorp Forecasts Stronger Earnings for Jacobs Solutions

Jacobs Solutions Inc. (NYSE:JFree Report) – Stock analysts at KeyCorp raised their FY2026 earnings per share (EPS) estimates for Jacobs Solutions in a research note issued on Tuesday, August 4th. KeyCorp analyst S. Jain now expects that the company will earn $7.25 per share for the year, up from their prior forecast of $7.23. KeyCorp has a “Overweight” rating and a $150.00 price objective on the stock. The consensus estimate for Jacobs Solutions’ current full-year earnings is $7.26 per share.

Other research analysts have also recently issued research reports about the stock. Robert W. Baird dropped 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. Weiss Ratings reiterated a “hold (c-)” rating on shares of Jacobs Solutions in a research report on Monday, August 3rd. Royal Bank Of Canada increased their price target on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. UBS Group boosted their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a report on Monday. Finally, Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $153.70.

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Jacobs Solutions Stock Up 1.5%

Shares of NYSE J opened at $147.28 on Monday. Jacobs Solutions has a 12-month low of $105.68 and a 12-month high of $168.44. The company has a market cap of $17.39 billion, a price-to-earnings ratio of 52.23, a price-to-earnings-growth ratio of 1.40 and a beta of 0.68. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. The firm’s 50-day simple moving average is $129.14 and its 200 day simple moving average is $129.30.

Jacobs Solutions (NYSE:JGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the business posted $1.62 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS.

Jacobs Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s payout ratio is presently 51.06%.

Insider Activity

In other Jacobs Solutions news, CEO Robert V. Pragada purchased 3,601 shares of the stock in a transaction on Friday, May 15th. The stock was bought at an average cost of $111.09 per share, for a total transaction of $400,035.09. Following the completion of the acquisition, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Manuel J. Fernandez purchased 253 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average cost of $112.56 per share, for a total transaction of $28,477.68. Following the transaction, the director 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 SEC filing for this purchase provides additional information. 0.48% of the stock is owned by corporate insiders.

Institutional Trading of Jacobs Solutions

Hedge funds have recently bought and sold shares of the stock. Johnson Financial Group Inc. bought a new position in Jacobs Solutions in the second quarter valued at approximately $552,000. West Family Investments Inc. bought a new stake in shares of Jacobs Solutions during the second quarter worth $206,000. NewEdge Wealth LLC bought a new stake in shares of Jacobs Solutions during the second quarter worth $428,000. Great Lakes Advisors LLC acquired a new stake in shares of Jacobs Solutions during the second quarter worth $249,000. Finally, Compass Wealth Management LLC acquired a new stake in shares of Jacobs Solutions during the second quarter worth $3,551,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Company Profile

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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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