Jacobs Solutions (NYSE:J) Earns Buy Rating from Analysts at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of Jacobs Solutions (NYSE:J) in a research note released on Monday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $158.00 price target on the stock.

J has been the topic of a number of other research reports. Baird R W lowered shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. KeyCorp lifted their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Truist Financial reduced their price objective on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a research note on Friday, November 21st. Wall Street Zen upgraded Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, Wells Fargo & Company lowered their target price on Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Friday, November 21st. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $155.90.

Jacobs Solutions Stock Up 1.7%

NYSE:J opened at $135.77 on Monday. The stock has a 50-day simple moving average of $152.07 and a 200 day simple moving average of $142.19. Jacobs Solutions has a 52-week low of $106.23 and a 52-week high of $168.44. The company has a market cap of $16.23 billion, a PE ratio of 33.86, a PEG ratio of 1.87 and a beta of 0.83. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39.

Jacobs Solutions (NYSE:J) last released its earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.67 by $0.08. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.The firm had revenue of $3.15 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter in the previous year, the business posted $1.37 EPS. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. On average, sell-side analysts expect that Jacobs Solutions will post 6.05 EPS for the current fiscal year.

Jacobs Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Insider Buying and Selling

In related news, Director Peter J. Robertson purchased 1,000 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was acquired at an average price 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 of the company’s stock, valued at $134,760. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Manuel J. Fernandez purchased 763 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was bought at an average cost of $130.78 per share, with a total value of $99,785.14. Following the completion of the transaction, the director directly owned 10,380 shares in the company, valued at $1,357,496.40. The trade was a 7.93% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders purchased 2,513 shares of company stock worth $335,878. 0.38% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Jacobs Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC bought a new stake in Jacobs Solutions in the third quarter worth about $27,000. Cary Street Partners Investment Advisory LLC raised its holdings in shares of Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after purchasing an additional 95 shares during the period. Geneos Wealth Management Inc. lifted its stake in Jacobs Solutions by 65.4% in the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock valued at $33,000 after purchasing an additional 87 shares during the last quarter. Wealth Watch Advisors INC purchased a new stake in Jacobs Solutions in the third quarter worth $33,000. Finally, Godsey & Gibb Inc. increased its position in Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after buying an additional 121 shares during the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Company Profile

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.