Jacobs Solutions (NYSE:J) Rating Increased to Strong-Buy at Wall Street Zen

Jacobs Solutions (NYSE:J) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts have also issued reports about the company. Wells Fargo & Company upped 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. Truist Financial decreased their target price on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Robert W. Baird lowered shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Finally, Royal Bank Of Canada reduced their price target 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 analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $156.60.

Jacobs Solutions Stock Up 0.6%

Shares of NYSE J opened at $136.88 on Friday. The stock has a market capitalization of $16.08 billion, a PE ratio of 37.50, a P/E/G ratio of 1.41 and a beta of 0.78. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. The firm has a fifty day moving average of $138.01 and a 200-day moving average of $143.85. Jacobs Solutions has a 52-week low of $106.23 and a 52-week high of $168.44.

Jacobs Solutions (NYSE:J) last issued its earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping 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 business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same period last year, the company posted $1.33 EPS. The business’s quarterly 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. On average, analysts anticipate that Jacobs Solutions will post 6.05 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Ameriprise Financial Inc. lifted its position in shares of Jacobs Solutions by 828.5% during the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock worth $174,434,000 after purchasing an additional 1,184,068 shares during the last quarter. Focus Partners Wealth raised its stake in Jacobs Solutions by 246.3% during the fourth quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock valued at $177,324,000 after buying an additional 952,151 shares in the last quarter. L1 Capital International Pty Ltd raised its stake in Jacobs Solutions by 363.6% during the fourth quarter. L1 Capital International Pty Ltd now owns 723,533 shares of the company’s stock valued at $95,839,000 after buying an additional 567,478 shares in the last quarter. Morgan Stanley lifted its holdings in Jacobs Solutions by 19.5% during the 4th quarter. Morgan Stanley now owns 3,379,681 shares of the company’s stock worth $447,673,000 after buying an additional 552,277 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings 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 worth $168,194,000 after buying an additional 525,291 shares during the last quarter. Institutional investors and hedge funds 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.