Jacobs Solutions (NYSE:J) Upgraded at Wall Street Zen

Jacobs Solutions (NYSE:J) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

J has been the subject of several other reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research note on Monday, December 29th. Robert W. Baird lowered Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Barclays increased their price objective on Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Truist Financial reduced their target price on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a research note on Friday, November 21st. Finally, Wells Fargo & Company raised their price target on Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Jacobs Solutions currently has an average rating of “Hold” and a consensus price target of $156.60.

Jacobs Solutions Trading Up 3.5%

NYSE J opened at $148.77 on Friday. The firm has a market cap of $17.47 billion, a PE ratio of 40.76, a price-to-earnings-growth ratio of 1.47 and a beta of 0.80. Jacobs Solutions has a 1-year low of $106.23 and a 1-year high of $168.44. The stock has a 50-day moving average of $137.17 and a 200-day moving average of $144.79. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.72.

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

Insider Buying and Selling at Jacobs Solutions

In related news, Director Manuel J. Fernandez purchased 763 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were purchased at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the completion of the acquisition, the director owned 10,380 shares in the company, valued at approximately $1,357,496.40. This trade represents a 7.93% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Venkatesh Nathamuni purchased 750 shares of Jacobs Solutions stock in a transaction that occurred on Monday, November 24th. The stock was 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 directly owned 20,785 shares in the company, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 2,513 shares of company stock valued at $335,878 in the last quarter. 0.48% of the stock is owned by insiders.

Hedge Funds Weigh In On Jacobs Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in J. Primecap Management Co. CA raised its holdings in shares of Jacobs Solutions by 2.1% in the second quarter. Primecap Management Co. CA now owns 4,749,829 shares of the company’s stock valued at $624,365,000 after acquiring an additional 96,387 shares in the last quarter. Ninety One UK Ltd increased its position in Jacobs Solutions by 2.8% during the 4th quarter. Ninety One UK Ltd now owns 3,156,313 shares of the company’s stock valued at $418,085,000 after purchasing an additional 86,677 shares during the period. Boston Partners raised its holdings in shares of Jacobs Solutions by 3.7% in the 3rd quarter. Boston Partners now owns 3,040,383 shares of the company’s stock valued at $456,746,000 after purchasing an additional 108,134 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Jacobs Solutions by 21.4% in the 2nd quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock valued at $342,738,000 after purchasing an additional 460,283 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Jacobs Solutions by 1.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,503,028 shares of the company’s stock worth $381,687,000 after purchasing an additional 44,070 shares during the period. Institutional investors own 85.65% of the company’s stock.

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.