Jacobs Solutions (NYSE:J) Rating Increased to Strong-Buy at Wall Street Zen

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

Several other analysts have also recently commented on the stock. Robert W. Baird restated a “neutral” rating and set a $146.00 price objective (down from $161.00) on shares of Jacobs Solutions in a research note on Friday, November 21st. The Goldman Sachs Group began coverage on shares of Jacobs Solutions in a report on Monday, November 24th. They issued a “buy” rating and a $158.00 price target on the stock. Barclays increased their price target on Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Truist Financial decreased their price objective on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a report on Monday, December 29th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $155.90.

Jacobs Solutions Trading Down 1.1%

Shares of Jacobs Solutions stock opened at $139.98 on Friday. The firm’s 50 day simple moving average is $138.57 and its two-hundred day simple moving average is $144.49. The firm has a market capitalization of $16.53 billion, a price-to-earnings ratio of 57.84, a PEG ratio of 1.53 and a beta of 0.81. Jacobs Solutions has a 12-month low of $106.23 and a 12-month high of $168.44. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.61.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same period in the previous year, the company earned $1.37 earnings per share. 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. Analysts predict that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Announces Dividend

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

Insiders Place Their Bets

In related news, Director Manuel J. Fernandez acquired 763 shares of the firm’s stock in a transaction on 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 completion of the acquisition, the director directly owned 10,380 shares in the company, valued at approximately $1,357,496.40. This trade represents a 7.93% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Venkatesh Nathamuni bought 750 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was bought at an average price of $135.11 per share, for a total transaction of $101,332.50. Following the transaction, the chief financial officer owned 20,785 shares of the company’s stock, valued at approximately $2,808,261.35. This trade represents 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 purchased 2,513 shares of company stock worth $335,878. Company insiders own 0.48% of the company’s stock.

Institutional Trading of Jacobs Solutions

Several large investors have recently added to or reduced their stakes in the stock. Ingalls & Snyder LLC acquired a new stake in shares of Jacobs Solutions during the 2nd quarter worth about $558,000. Atlantic Union Bankshares Corp increased its stake in Jacobs Solutions by 409.3% in the second quarter. Atlantic Union Bankshares Corp now owns 12,514 shares of the company’s stock valued at $1,645,000 after purchasing an additional 10,057 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its holdings in Jacobs Solutions by 90.1% during the second quarter. Focus Partners Advisor Solutions LLC now owns 5,375 shares of the company’s stock worth $706,000 after purchasing an additional 2,548 shares in the last quarter. OLD National Bancorp IN lifted its position in shares of Jacobs Solutions by 1,399.5% during the 2nd quarter. OLD National Bancorp IN now owns 29,811 shares of the company’s stock worth $3,919,000 after buying an additional 27,823 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in shares of Jacobs Solutions by 125.9% in the 2nd quarter. Allianz Asset Management GmbH now owns 10,520 shares of the company’s stock valued at $1,383,000 after buying an additional 5,863 shares in the last quarter. 85.65% of the stock is currently owned by hedge funds and other 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.