Jacobs Solutions (NYSE:J) Releases Earnings Results, Beats Estimates By $0.08 EPS

Jacobs Solutions (NYSE:JGet Free Report) posted its quarterly earnings data on Thursday. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.08, Zacks reports. The company had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.Jacobs Solutions’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.37 earnings per share. Jacobs Solutions updated its FY 2026 guidance to 6.900-7.300 EPS.

Jacobs Solutions Trading Down 3.4%

Shares of J opened at $145.63 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market cap of $17.41 billion, a price-to-earnings ratio of 36.32, a PEG ratio of 1.87 and a beta of 0.83. The stock has a fifty day moving average price of $153.58 and a two-hundred day moving average price of $141.85. Jacobs Solutions has a 52-week low of $106.23 and a 52-week high of $168.44.

Jacobs Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 2nd will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio (DPR) is currently 31.92%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. UBS Group upped their target price on shares of Jacobs Solutions from $152.00 to $166.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Jacobs Solutions in a research report on Wednesday, October 8th. KeyCorp raised their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Finally, Wells Fargo & Company began coverage on Jacobs Solutions in a research note on Friday, November 14th. They issued an “equal weight” rating and a $160.00 price objective on the stock. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $161.78.

Read Our Latest Analysis on Jacobs Solutions

Institutional Trading of Jacobs Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in J. Sunbelt Securities Inc. lifted its position in Jacobs Solutions by 2,081.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 698 shares of the company’s stock worth $105,000 after buying an additional 666 shares in the last quarter. Danske Bank A S acquired a new stake in Jacobs Solutions in the 3rd quarter valued at about $809,000. Kestra Private Wealth Services LLC raised its stake in shares of Jacobs Solutions by 2.2% in the third quarter. Kestra Private Wealth Services LLC now owns 4,414 shares of the company’s stock worth $661,000 after acquiring an additional 93 shares during the last quarter. Woodline Partners LP lifted its position in shares of Jacobs Solutions by 21.6% during the third quarter. Woodline Partners LP now owns 15,798 shares of the company’s stock worth $2,367,000 after purchasing an additional 2,801 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Jacobs Solutions during the third quarter worth approximately $885,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Company Profile

(Get Free Report)

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.

Further Reading

Earnings History for Jacobs Solutions (NYSE:J)

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