Analysts Set Jacobs Solutions Inc. (NYSE:J) Target Price at $153.40

Shares of Jacobs Solutions Inc. (NYSE:JGet Free Report) have received a consensus rating of “Moderate Buy” from the twelve analysts that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $153.40.

A number of research firms recently weighed in on J. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Wells Fargo & Company dropped their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. KeyCorp dropped their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Royal Bank Of Canada reissued an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a research note on Tuesday, May 19th. Finally, Robert W. Baird dropped their price target on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th.

View Our Latest Report on J

Jacobs Solutions Stock Down 0.7%

Shares of J opened at $122.69 on Friday. The firm has a market capitalization of $14.49 billion, a price-to-earnings ratio of 38.10, a PEG ratio of 1.19 and a beta of 0.69. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. The business’s fifty day moving average price is $122.82 and its two-hundred day moving average price is $131.66. Jacobs Solutions has a 52 week low of $105.68 and a 52 week high of $168.44.

Jacobs Solutions (NYSE:JGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts predict that Jacobs Solutions will post 7.22 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s payout ratio is 44.72%.

Insider Buying and Selling

In other Jacobs Solutions news, CEO Robert V. Pragada purchased 3,601 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the purchase, the chief executive officer directly owned 333,755 shares in the company, valued at approximately $37,076,842.95. This represents a 1.09% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Manuel J. Fernandez purchased 253 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $112.56 per share, with a total value of $28,477.68. Following the completion of the purchase, the director owned 12,504 shares of the company’s stock, valued at $1,407,450.24. The trade was a 2.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have purchased 4,257 shares of company stock valued at $477,651. 0.48% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of J. Ameriprise Financial Inc. grew its holdings in Jacobs Solutions by 828.5% during the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after purchasing an additional 1,184,068 shares during the period. Focus Partners Wealth grew its holdings 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 purchasing an additional 952,151 shares during the period. L1 Capital International Pty Ltd grew its holdings 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 purchasing an additional 567,478 shares during the period. Morgan Stanley grew its holdings in Jacobs Solutions by 19.5% during the fourth quarter. Morgan Stanley now owns 3,379,681 shares of the company’s stock valued at $447,673,000 after purchasing an additional 552,277 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Jacobs Solutions by 68.8% during the second quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock valued at $168,194,000 after purchasing an additional 525,291 shares during the period. Institutional investors and hedge funds own 85.65% of the company’s stock.

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.

Featured Articles

Analyst Recommendations for Jacobs Solutions (NYSE:J)

Receive News & Ratings for Jacobs Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Solutions and related companies with MarketBeat.com's FREE daily email newsletter.