Jacobs Solutions (NYSE:J) Cut to “Strong Sell” at Zacks Research

Zacks Research lowered shares of Jacobs Solutions (NYSE:J) from a hold rating to a strong sell rating in a report released on Tuesday,Zacks.com reports.

Other research analysts also recently issued reports about the company. The Goldman Sachs Group started coverage on Jacobs Solutions in a research note on Monday, November 24th. They set a “buy” rating and a $158.00 target price for the company. Bank of America dropped their price target on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. KeyCorp raised their price target on Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Barclays upped their price objective on shares of Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Finally, Royal Bank Of Canada dropped 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. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Jacobs Solutions has a consensus rating of “Hold” and an average target price of $156.60.

Jacobs Solutions Price Performance

Shares of J opened at $136.04 on Tuesday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.61. The company’s fifty day simple moving average is $136.40 and its 200 day simple moving average is $144.67. Jacobs Solutions has a 1-year low of $106.23 and a 1-year high of $168.44. The company has a market cap of $16.06 billion, a price-to-earnings ratio of 56.21, a PEG ratio of 1.48 and a beta of 0.81.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Thursday, November 20th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. The company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $3.14 billion. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.37 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. On average, research analysts forecast that Jacobs Solutions will post 6.05 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

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

Insider Transactions at Jacobs Solutions

In other news, Director Manuel J. Fernandez acquired 763 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was bought at an average price of $130.78 per share, with a total value of $99,785.14. Following the acquisition, the director owned 10,380 shares in the company, valued at $1,357,496.40. The trade was a 7.93% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Peter J. Robertson acquired 1,000 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average price of $134.76 per share, for a total transaction of $134,760.00. Following the completion of the purchase, the director directly owned 1,000 shares in the company, valued at $134,760. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders bought 2,513 shares of company stock worth $335,878. 0.48% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in J. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Jacobs Solutions by 103.3% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after buying an additional 95 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in Jacobs Solutions during the 3rd quarter worth approximately $27,000. Princeton Global Asset Management LLC bought a new stake in Jacobs Solutions during the 4th quarter worth approximately $30,000. Central Pacific Bank Trust Division purchased a new stake in Jacobs Solutions in the 4th quarter worth approximately $31,000. Finally, Godsey & Gibb Inc. boosted its holdings in Jacobs Solutions by 121.0% in 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 during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

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.