Jacobs Solutions Inc. (NYSE:J) Receives Consensus Rating of “Moderate Buy” from Brokerages

Jacobs Solutions Inc. (NYSE:J) has earned a consensus rating of “Moderate Buy” from the eleven research firms that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $156.60.

A number of research firms have commented on J. Wells Fargo & Company raised their price target on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a report on Monday, December 29th. Wall Street Zen lowered shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday. Royal Bank Of Canada reduced their price objective on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, November 21st. Finally, KeyCorp upped their target price on shares of Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th.

Insider Activity

In other news, Director Manuel J. Fernandez purchased 763 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was bought at an average cost of $130.78 per share, with a total value of $99,785.14. Following the completion of the purchase, the director owned 10,380 shares in the company, valued at approximately $1,357,496.40. This represents a 7.93% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Venkatesh Nathamuni purchased 750 shares of the business’s stock in a transaction on Monday, November 24th. The shares were purchased at an average price of $135.11 per share, with a total value of $101,332.50. Following the acquisition, the chief financial officer directly owned 20,785 shares in the company, valued at $2,808,261.35. This represents a 3.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 2,513 shares of company stock worth $335,878 over the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in J. Ingalls & Snyder LLC purchased a new stake in Jacobs Solutions during the second quarter worth $558,000. Atlantic Union Bankshares Corp increased its holdings in shares of Jacobs Solutions by 409.3% in the 2nd 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 period. Focus Partners Advisor Solutions LLC raised its position in shares of Jacobs Solutions by 90.1% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 5,375 shares of the company’s stock worth $706,000 after acquiring an additional 2,548 shares in the last quarter. OLD National Bancorp IN lifted its stake 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 purchasing an additional 27,823 shares during the last quarter. Finally, Allianz Asset Management GmbH lifted its stake in shares of Jacobs Solutions by 125.9% during the 2nd 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. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Trading Down 1.6%

Jacobs Solutions stock opened at $137.88 on Monday. Jacobs Solutions has a 12-month low of $106.23 and a 12-month high of $168.44. The firm has a market capitalization of $16.28 billion, a price-to-earnings ratio of 56.98, a P/E/G ratio of 1.51 and a beta of 0.81. The firm has a 50 day moving average of $136.99 and a 200 day moving average of $144.77. 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 posted its quarterly earnings results on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $3.14 billion. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The company’s revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. As a group, research analysts predict that Jacobs Solutions will post 6.05 earnings per share for the current year.

Jacobs Solutions Dividend Announcement

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

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.