Jacobs Solutions (NYSE:J) Downgraded 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 report published on Sunday morning.

A number of other brokerages have also recently commented on J. Wells Fargo & Company upped their price target on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research note on Friday. KeyCorp boosted their price objective on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Bank of America cut their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Citigroup reduced their price target on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. Finally, The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They issued a “buy” rating and a $158.00 price objective for the company. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $156.60.

Jacobs Solutions Stock Performance

J stock opened at $137.88 on Friday. The business’s fifty day moving average is $136.99 and its 200-day moving average is $144.77. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.61. The company has a market cap of $16.28 billion, a P/E ratio of 56.98, a price-to-earnings-growth ratio of 1.51 and a beta of 0.81. Jacobs Solutions has a twelve month low of $106.23 and a twelve month high of $168.44.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities research analysts forecast that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were given a $0.32 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $1.28 annualized dividend and a yield of 0.9%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Insider Activity

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

Hedge Funds Weigh In On Jacobs Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in J. Measured Wealth Private Client Group LLC bought a new position in Jacobs Solutions during the 3rd quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC increased its position in shares of 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 buying an additional 95 shares during the period. Geneos Wealth Management Inc. raised its stake 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 buying an additional 87 shares during the last quarter. Wealth Watch Advisors INC bought a new position in Jacobs Solutions during the third quarter worth $33,000. Finally, Godsey & Gibb Inc. lifted its holdings in Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after buying an additional 121 shares during the period. 85.65% of the stock is owned by institutional investors and hedge funds.

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.