Jacobs Solutions (NYSE:J) Now Covered by The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of Jacobs Solutions (NYSE:J) in a research note published on Monday, Marketbeat reports. The brokerage issued a buy rating and a $158.00 price target on the stock.

J has been the subject of several other research reports. Barclays upped their target price on Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Bank of America cut their price objective on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a research note on Friday. Citigroup decreased their target price on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday. KeyCorp upped their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Finally, UBS Group raised their price objective on Jacobs Solutions from $152.00 to $166.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Jacobs Solutions presently has an average rating of “Moderate Buy” and an average price target of $155.90.

Jacobs Solutions Stock Up 3.1%

J opened at $132.83 on Monday. The business’s fifty day simple moving average is $152.55 and its 200 day simple moving average is $142.16. Jacobs Solutions has a 52 week low of $106.23 and a 52 week high of $168.44. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The stock has a market cap of $15.88 billion, a PE ratio of 33.12, a P/E/G ratio of 1.87 and a beta of 0.83.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. The firm 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%.The company’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 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. As a group, research analysts expect that Jacobs Solutions will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 2nd will be paid a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $1.28 annualized dividend and a dividend yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is presently 52.89%.

Institutional Investors Weigh In On Jacobs Solutions

Large investors have recently made changes to their positions in the business. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions during the third quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC raised its holdings in 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 in the last quarter. Geneos Wealth Management Inc. raised its holdings in Jacobs Solutions by 65.4% in the 3rd quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after purchasing an additional 87 shares in the last quarter. Wealth Watch Advisors INC purchased a new stake in shares of Jacobs Solutions in the 3rd quarter worth about $33,000. Finally, Godsey & Gibb Inc. boosted its stake in shares of Jacobs Solutions by 121.0% during the 3rd quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $33,000 after purchasing an additional 121 shares in the last quarter. 85.65% of the stock is currently owned by 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.