Jacobs Solutions (NYSE:J) Stock Rating Lowered by Wall Street Zen

Jacobs Solutions (NYSE:J) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Sunday.

J has been the subject of several other research reports. Wells Fargo & Company lifted their price objective on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Barclays raised their target price on shares of Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. KeyCorp lifted their price objective on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Finally, Truist Financial lowered their target price on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a report on Friday, November 21st. Six investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $156.60.

Jacobs Solutions Price Performance

NYSE:J opened at $137.88 on Friday. The company has a market capitalization of $16.28 billion, a price-to-earnings ratio of 56.98, a PEG ratio of 1.51 and a beta of 0.81. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30. Jacobs Solutions has a 52 week low of $106.23 and a 52 week high of $168.44. The company has a 50-day moving average of $136.99 and a 200-day moving average of $144.70.

Jacobs Solutions (NYSE:J) last released 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. The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $3.14 billion. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. As a group, equities research analysts anticipate that Jacobs Solutions will post 6.05 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Venkatesh Nathamuni purchased 750 shares of Jacobs Solutions stock in a transaction dated Monday, November 24th. The shares were bought at an average cost of $135.11 per share, for a total transaction of $101,332.50. Following the purchase, the chief financial officer owned 20,785 shares in the company, valued at approximately $2,808,261.35. This trade represents a 3.74% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Peter J. Robertson bought 1,000 shares of the business’s stock in a transaction on Monday, November 24th. The stock was bought at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the transaction, the director directly owned 1,000 shares of the company’s stock, valued at approximately $134,760. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 2,513 shares of company stock worth $335,878 over the last three months. Insiders own 0.48% of the company’s stock.

Institutional Trading of Jacobs Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the company. Ingalls & Snyder LLC acquired a new stake in Jacobs Solutions during the 2nd quarter worth approximately $558,000. Atlantic Union Bankshares Corp raised its stake in shares of Jacobs Solutions by 409.3% during the second quarter. Atlantic Union Bankshares Corp now owns 12,514 shares of the company’s stock valued at $1,645,000 after acquiring an additional 10,057 shares during the last quarter. Focus Partners Advisor Solutions LLC lifted its holdings in shares of 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 during the period. OLD National Bancorp IN grew its stake in shares of Jacobs Solutions by 1,399.5% in the second quarter. OLD National Bancorp IN now owns 29,811 shares of the company’s stock worth $3,919,000 after purchasing an additional 27,823 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its stake in shares of Jacobs Solutions by 125.9% in the second quarter. Allianz Asset Management GmbH now owns 10,520 shares of the company’s stock worth $1,383,000 after purchasing an additional 5,863 shares during the last quarter. 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.