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

Wall Street Zen upgraded shares of Jacobs Solutions (NYSE:J) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

A number of other research analysts also recently weighed in on J. The Goldman Sachs Group assumed coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They set a “buy” rating and a $158.00 target price for the company. Robert W. Baird lowered Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Wells Fargo & Company upped their price target on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Finally, Truist Financial cut their price target on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a research note on Friday, November 21st. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Jacobs Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $156.60.

Jacobs Solutions Trading Down 1.6%

Shares of Jacobs Solutions stock opened at $134.56 on Friday. The firm has a market cap of $15.80 billion, a PE ratio of 36.87, a P/E/G ratio of 1.41 and a beta of 0.78. Jacobs Solutions has a 1 year low of $106.23 and a 1 year 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 stock has a fifty day moving average price of $138.00 and a 200-day moving average price of $143.72.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the previous year, the firm earned $1.33 EPS. The firm’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. Equities research analysts anticipate that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Increases Dividend

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

Hedge Funds Weigh In On Jacobs Solutions

Hedge funds have recently made changes to their positions in the stock. Cary Street Partners Investment Advisory LLC lifted its holdings in Jacobs Solutions by 103.3% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 187 shares of the company’s stock worth $25,000 after purchasing an additional 95 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Jacobs Solutions during the 3rd quarter valued at about $27,000. Princeton Global Asset Management LLC purchased a new position in Jacobs Solutions during the 4th quarter valued at about $30,000. Central Pacific Bank Trust Division bought a new stake in shares of Jacobs Solutions during the fourth quarter valued at about $31,000. Finally, Godsey & Gibb Inc. increased its position in shares of Jacobs Solutions by 121.0% during the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock valued at $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.