Jacobs Solutions (NYSE:J) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Jacobs Solutions (NYSE:J) from a hold rating to a buy rating in a report published on Saturday morning.

Other equities analysts have also recently issued reports about the company. Citigroup upped their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Truist Financial decreased their price objective on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. Weiss Ratings upgraded Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Royal Bank Of Canada upped their target price on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, KeyCorp reduced their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $153.70.

Jacobs Solutions Stock Performance

Jacobs Solutions stock opened at $151.46 on Friday. The firm’s fifty day moving average price is $133.73 and its 200-day moving average price is $129.99. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market cap of $17.88 billion, a P/E ratio of 53.71, a price-to-earnings-growth ratio of 1.45 and a beta of 0.68. Jacobs Solutions has a fifty-two week low of $105.68 and a fifty-two week high of $168.44.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.40 billion. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The firm’s revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, equities research analysts expect that Jacobs Solutions will post 7.26 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s dividend payout ratio (DPR) is 51.06%.

Insider Activity at Jacobs Solutions

In other news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $144.10, for a total value of $2,478,664.10. Following the transaction, the president owned 67,356 shares in the company, valued at approximately $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Jacobs Solutions

Several institutional investors and hedge funds have recently bought and sold shares of J. California State Teachers Retirement System lifted its position in Jacobs Solutions by 11,242.3% in the second quarter. California State Teachers Retirement System now owns 25,679,178 shares of the company’s stock valued at $3,235,576,000 after purchasing an additional 25,452,777 shares during the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of Jacobs Solutions by 79.3% in the second quarter. Ameritas Advisory Services LLC now owns 9,646 shares of the company’s stock worth $1,215,000 after purchasing an additional 4,266 shares during the last quarter. HB Wealth Management LLC grew its holdings in shares of Jacobs Solutions by 5.7% in the second quarter. HB Wealth Management LLC now owns 5,873 shares of the company’s stock worth $740,000 after purchasing an additional 319 shares during the last quarter. Compass Financial Management LLC purchased a new position in shares of Jacobs Solutions in the second quarter worth $38,000. Finally, NBH Bank purchased a new position in shares of Jacobs Solutions in the second quarter worth $28,000. 85.65% of the stock is currently owned by institutional investors.

Jacobs Solutions Company Profile

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.