Jacobs Solutions (NYSE:J) Downgraded to “Buy” Rating by Wall Street Zen

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

Several other research analysts also recently issued reports on the company. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Truist Financial lowered their price objective on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a research report on Friday, November 21st. Wells Fargo & Company boosted their price objective on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Citigroup reduced their target price on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a report on Friday, November 21st. Finally, Bank of America dropped their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $156.60.

Jacobs Solutions Price Performance

Shares of Jacobs Solutions stock opened at $132.65 on Friday. Jacobs Solutions has a fifty-two week low of $106.23 and a fifty-two week high of $168.44. 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 company has a market cap of $15.58 billion, a PE ratio of 36.34, a price-to-earnings-growth ratio of 1.37 and a beta of 0.80. The firm has a fifty day moving average price of $137.58 and a two-hundred day moving average price of $144.79.

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

Insider Buying and Selling

In related news, Director Peter J. Robertson bought 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average cost of $134.76 per share, with a total value of $134,760.00. Following the completion of the purchase, the director directly owned 1,000 shares in the company, valued at $134,760. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Venkatesh Nathamuni purchased 750 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average cost of $135.11 per share, for a total transaction of $101,332.50. Following the completion of the purchase, the chief financial officer owned 20,785 shares in the company, valued at $2,808,261.35. This trade represents a 3.74% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 2,513 shares of company stock valued at $335,878 over the last ninety days. 0.48% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in J. Cary Street Partners Investment Advisory LLC increased its holdings in Jacobs Solutions by 103.3% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after acquiring an additional 95 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions during the third quarter valued at about $27,000. Princeton Global Asset Management LLC bought a new stake in Jacobs Solutions during the 4th quarter valued at $30,000. Central Pacific Bank Trust Division bought a new stake in Jacobs Solutions in the fourth quarter valued at $31,000. Finally, Godsey & Gibb Inc. lifted its holdings in Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after buying an additional 121 shares during the period. 85.65% of the stock is currently owned by hedge funds and other 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.