Jacobs Solutions Inc. (NYSE:J) Stock Has Average Target Price of $156.78

Shares of Jacobs Solutions Inc. (NYSE:J) have received an average recommendation of “Hold” from the eleven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $156.78.

A number of equities research analysts have recently weighed in on the stock. KeyCorp lowered their price objective on shares of Jacobs Solutions from $168.00 to $166.00 and set an “overweight” rating for the company in a report on Thursday, October 15th. Wall Street Zen downgraded Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. Truist Financial lowered their target price on Jacobs Solutions from $161.00 to $160.00 and set a “hold” rating for the company in a research note on Monday, October 5th. Citigroup increased their price objective on Jacobs Solutions from $181.00 to $188.00 and gave the company a “buy” rating in a research note on Friday, October 23rd. Finally, Royal Bank Of Canada raised their target price on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th.

Jacobs Solutions Stock Up 1.1%

Shares of NYSE:J opened at $154.40 on Wednesday. The firm has a market capitalization of $18.23 billion, a PE ratio of 22.24, a price-to-earnings-growth ratio of 1.91 and a beta of 0.72. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29. Jacobs Solutions has a 52-week low of $105.68 and a 52-week high of $159.34. The firm has a fifty day moving average of $143.66 and a 200 day moving average of $133.90.

Jacobs Solutions (NYSE:J) last issued its quarterly 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 firm had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%. The company’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, research analysts anticipate that Jacobs Solutions will post 7.24 EPS for the current fiscal year.

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 completion of the sale, the president owned 67,356 shares of the company’s stock, valued at $9,705,999.60. This represents a 20.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of J. Rakuten Investment Management Inc. increased its position in shares of Jacobs Solutions by 9.3% during the 3rd quarter. Rakuten Investment Management Inc. now owns 21,075 shares of the company’s stock valued at $2,876,000 after purchasing an additional 1,798 shares during the last quarter. Provenance Wealth Advisors LLC lifted its stake in shares of Jacobs Solutions by 111,166.7% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 3,338 shares of the company’s stock worth $452,000 after purchasing an additional 3,335 shares during the period. Carmel Capital Management L.L.C. bought a new stake in Jacobs Solutions during the third quarter valued at approximately $8,056,000. Summit Wealth Group LLC Co. grew its position in Jacobs Solutions by 3.2% during the third quarter. Summit Wealth Group LLC Co. now owns 3,054 shares of the company’s stock valued at $413,000 after buying an additional 96 shares during the period. Finally, Kuhn & Co Investment Counsel purchased a new position in shares of Jacobs Solutions during the 3rd quarter worth $205,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Company Profile

Jacobs Solutions Inc (NYSE:J) is a global technical, professional and consulting services provider serving government and commercial clients. The company helps organizations plan, design, deliver and operate complex infrastructure and mission-critical programs, with expertise spanning advanced manufacturing, transportation, water, environmental services, energy, life sciences, space and national security.

Through its consulting and engineering operations, Jacobs provides services such as program and project management, engineering and design, architecture, environmental planning, digital solutions and operational support.