Jacobs Solutions (NYSE:J) Price Target Cut to $126.00 by Analysts at Robert W. Baird

Jacobs Solutions (NYSE:J) had its price objective reduced by Robert W. Baird from $130.00 to $126.00 in a report published on Monday morning,Benzinga reports. They currently have a neutral rating on the stock.

A number of other research analysts have also commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Wells Fargo & Company boosted their target price on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Finally, Wall Street Zen upgraded Jacobs Solutions from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $154.60.

Jacobs Solutions Price Performance

Shares of Jacobs Solutions stock opened at $125.22 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.33. The business’s 50 day simple moving average is $133.43 and its two-hundred day simple moving average is $140.46. The stock has a market capitalization of $14.71 billion, a P/E ratio of 34.31, a price-to-earnings-growth ratio of 1.27 and a beta of 0.77. Jacobs Solutions has a one year low of $114.27 and a one year high of $168.44.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Analysts forecast that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 20th were issued a dividend of $0.36 per share. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date was Friday, February 20th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 39.45%.

Insider Activity

In other news, President Shannon Miller sold 1,440 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $134.13, for a total value of $193,147.20. Following the completion of the transaction, the president owned 25,344 shares in the company, valued at $3,399,390.72. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On Jacobs Solutions

A number of institutional investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its holdings in shares of Jacobs Solutions by 828.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after buying an additional 1,184,068 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Jacobs Solutions by 246.3% in the 4th quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock worth $177,324,000 after acquiring an additional 952,151 shares in the last quarter. L1 Capital International Pty Ltd lifted its position in Jacobs Solutions by 363.6% during the 4th quarter. L1 Capital International Pty Ltd now owns 723,533 shares of the company’s stock valued at $95,839,000 after acquiring an additional 567,478 shares during the period. Morgan Stanley lifted its position in Jacobs Solutions by 19.5% during the 4th quarter. Morgan Stanley now owns 3,379,681 shares of the company’s stock valued at $447,673,000 after acquiring an additional 552,277 shares during the period. Finally, AQR Capital Management LLC lifted its position in Jacobs Solutions by 68.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after acquiring an additional 525,291 shares during the period. 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.