Jacobs Solutions Inc. (NYSE:J) Stock Has Consensus Target Price of $153.70

Jacobs Solutions Inc. (NYSE:J) has been given an average recommendation of “Moderate Buy” by the twelve ratings firms that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $154.80.

A number of equities analysts recently weighed in on the company. UBS Group upped their price target on Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Weiss Ratings raised Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Truist Financial cut their price objective on Jacobs Solutions from $161.00 to $160.00 and set a “hold” rating for the company in a research report on Monday, October 5th. Royal Bank Of Canada upped their target price on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, August 30th.

Insiders Place Their Bets

In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of the stock in a transaction on Friday, August 7th. The shares were 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. This trade represents a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. NBH Bank acquired a new stake in Jacobs Solutions in the 2nd quarter valued at approximately $28,000. Continuum Advisory LLC acquired a new position in Jacobs Solutions during the second quarter worth $28,000. Keating Financial Advisory Services Inc. acquired a new position in Jacobs Solutions during the second quarter worth $30,000. Compass Financial Management LLC acquired a new position in Jacobs Solutions during the second quarter worth $43,000. Finally, Harbor Investment Advisory LLC boosted its position in shares of Jacobs Solutions by 384.6% during the second quarter. Harbor Investment Advisory LLC now owns 504 shares of the company’s stock worth $64,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Stock Up 0.5%

J opened at $139.28 on Friday. Jacobs Solutions has a fifty-two week low of $105.68 and a fifty-two week high of $168.44. 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 company has a fifty day moving average of $143.69 and a two-hundred day moving average of $131.60. The stock has a market capitalization of $16.45 billion, a price-to-earnings ratio of 49.39, a PEG ratio of 1.74 and a beta of 0.72.

Jacobs Solutions (NYSE:J) last posted 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. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period in the prior year, the company posted $1.62 EPS. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, research analysts expect that Jacobs Solutions will post 7.25 earnings per share for the current year.

Jacobs Solutions Announces Dividend

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

Jacobs Solutions Company Profile

Jacobs Solutions Inc (NYSE:J), formerly known as Jacobs Engineering Group, is a global professional services and technology company that provides consulting, design, engineering, project management, and technical services. The company supports public- and private-sector clients with complex projects involving infrastructure, transportation, water, environmental remediation, advanced manufacturing, life sciences, energy, and other critical facilities.

Jacobs helps clients plan, design, build, operate, and maintain assets and systems.