Jacobs Solutions (NYSE:J) Raised to Hold at Zacks Research

Jacobs Solutions (NYSE:J) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other equities research analysts have also recently commented on J. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Barclays raised their price objective on Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Citigroup dropped their target price on Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, November 21st. Wells Fargo & Company increased 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, January 23rd. Finally, Royal Bank Of Canada lowered their price target on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, November 21st. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $156.60.

Jacobs Solutions Trading Up 3.5%

J opened at $148.77 on Thursday. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.72. The firm has a market cap of $17.47 billion, a price-to-earnings ratio of 40.76, a PEG ratio of 1.47 and a beta of 0.80. Jacobs Solutions has a 12 month low of $106.23 and a 12 month high of $168.44. The stock has a fifty day moving average price of $137.17 and a 200-day moving average price of $144.79.

Jacobs Solutions (NYSE:J) last announced its earnings results on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the previous year, the company posted $1.33 earnings per share. The firm’s revenue was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, equities research analysts anticipate that Jacobs Solutions will post 6.05 earnings per share for the current fiscal year.

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, Director Manuel J. Fernandez bought 763 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were acquired at an average cost of $130.78 per share, with a total value of $99,785.14. Following the acquisition, the director directly owned 10,380 shares of the company’s stock, valued at $1,357,496.40. The trade was a 7.93% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Venkatesh Nathamuni purchased 750 shares of Jacobs Solutions stock in a transaction that occurred on Monday, November 24th. The stock was acquired at an average price of $135.11 per share, with a total value of $101,332.50. Following the transaction, the chief financial officer owned 20,785 shares in the company, valued at $2,808,261.35. The trade was a 3.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 2,513 shares of company stock worth $335,878. Insiders own 0.48% of the company’s stock.

Institutional Trading of Jacobs Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in J. Forum Financial Management LP boosted its stake in shares of Jacobs Solutions by 2.0% during the third quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock valued at $477,000 after acquiring an additional 63 shares during the last quarter. Harfst & Associates Inc. boosted its stake in shares of Jacobs Solutions by 0.5% during the 3rd quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock worth $1,891,000 after purchasing an additional 64 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of Jacobs Solutions by 3.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock worth $337,000 after purchasing an additional 66 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Jacobs Solutions by 11.2% during the third quarter. Blue Trust Inc. now owns 695 shares of the company’s stock worth $104,000 after buying an additional 70 shares in the last quarter. Finally, D.A. Davidson & CO. raised its position in shares of Jacobs Solutions by 1.6% in the second quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock valued at $584,000 after buying an additional 71 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

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.