Jacobs Solutions Inc. (NYSE:J) Receives $156.60 Consensus Target Price from Analysts

Jacobs Solutions Inc. (NYSE:J) has been assigned a consensus recommendation of “Hold” from the twelve analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $156.60.

J has been the topic of a number of research analyst reports. Royal Bank Of Canada lowered their price target on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Truist Financial dropped their price target on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. Barclays increased their price objective on shares of Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Robert W. Baird cut Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Finally, The Goldman Sachs Group initiated coverage on Jacobs Solutions in a research note on Monday, November 24th. They set a “buy” rating and a $158.00 price target for the company.

Insider Buying and Selling at Jacobs Solutions

In other Jacobs Solutions news, CFO Venkatesh Nathamuni bought 750 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average cost of $135.11 per share, for a total transaction of $101,332.50. Following the acquisition, the chief financial officer directly owned 20,785 shares of the company’s stock, valued at $2,808,261.35. This trade represents a 3.74% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Manuel J. Fernandez bought 763 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were acquired at an average cost of $130.78 per share, with a total value of $99,785.14. Following the completion of the purchase, the director owned 10,380 shares of the company’s stock, valued at approximately $1,357,496.40. The trade was a 7.93% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 2,513 shares of company stock valued at $335,878. 0.48% of the stock is owned by insiders.

Institutional Investors Weigh In On Jacobs Solutions

A number of large investors have recently made changes to their positions in the company. Primecap Management Co. CA raised its holdings in shares of Jacobs Solutions by 2.1% during the 2nd quarter. Primecap Management Co. CA now owns 4,749,829 shares of the company’s stock valued at $624,365,000 after purchasing an additional 96,387 shares in the last quarter. Ninety One UK Ltd raised its holdings in Jacobs Solutions by 2.8% during the fourth quarter. Ninety One UK Ltd now owns 3,156,313 shares of the company’s stock valued at $418,085,000 after buying an additional 86,677 shares in the last quarter. Boston Partners raised its holdings in Jacobs Solutions by 3.7% during the third quarter. Boston Partners now owns 3,040,383 shares of the company’s stock valued at $456,746,000 after buying an additional 108,134 shares in the last quarter. Invesco Ltd. raised its stake in shares of Jacobs Solutions by 21.4% in the 2nd quarter. Invesco Ltd. now owns 2,607,361 shares of the company’s stock valued at $342,738,000 after acquiring an additional 460,283 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Jacobs Solutions by 1.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,503,028 shares of the company’s stock worth $381,687,000 after purchasing an additional 44,070 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Jacobs Solutions Trading Down 0.6%

NYSE J opened at $135.46 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30. Jacobs Solutions has a one year low of $106.23 and a one year high of $168.44. The company has a 50-day simple moving average of $136.53 and a 200-day simple moving average of $144.67. The firm has a market capitalization of $16.00 billion, a PE ratio of 55.98, a price-to-earnings-growth ratio of 1.48 and a beta of 0.81.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a return on equity of 19.14% and a net margin of 2.41%.The business had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the prior year, the firm earned $1.37 EPS. The business’s quarterly revenue was up 6.6% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. On average, equities analysts forecast that Jacobs Solutions will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.1%. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, February 20th. Jacobs Solutions’s dividend payout ratio (DPR) is presently 52.89%.

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.