Analysts Set Jacobs Solutions Inc. (NYSE:J) PT at $153.70

Jacobs Solutions Inc. (NYSE:JGet Free Report) has been given an average rating of “Moderate Buy” by the twelve research firms that are covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $153.70.

J has been the topic of a number of research reports. Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. KeyCorp decreased their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company dropped their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Citigroup upped their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th.

Check Out Our Latest Report on Jacobs Solutions

Insider Activity at Jacobs Solutions

In other news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the transaction, the president directly owned 67,356 shares of the company’s stock, valued at $9,705,999.60. The trade was a 20.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.48% of the stock is owned by company insiders.

Institutional Investors Weigh In On Jacobs Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in J. Measured Wealth Private Client Group LLC purchased a new stake in shares of Jacobs Solutions in the third quarter worth $27,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Jacobs Solutions during the 2nd quarter valued at $30,000. Wealth Watch Advisors INC bought a new position in Jacobs Solutions in the 3rd quarter worth $33,000. International Assets Investment Management LLC bought a new position in Jacobs Solutions in the 4th quarter worth $38,000. Finally, Torren Management LLC purchased a new stake in Jacobs Solutions in the 4th quarter worth $41,000. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Stock Up 0.4%

Jacobs Solutions stock opened at $148.00 on Friday. Jacobs Solutions has a one year low of $105.68 and a one year high of $168.44. The stock has a fifty day moving average of $132.73 and a 200 day moving average of $129.77. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market cap of $17.48 billion, a PE ratio of 52.48, a price-to-earnings-growth ratio of 1.42 and a beta of 0.68.

Jacobs Solutions (NYSE:JGet Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.01. The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the firm posted $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, sell-side analysts predict that Jacobs Solutions will post 7.26 EPS for the current year.

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st. Jacobs Solutions’s payout ratio is currently 51.06%.

About Jacobs Solutions

(Get Free Report)

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.

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Analyst Recommendations for Jacobs Solutions (NYSE:J)

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