Jacobs Solutions (NYSE:J) Price Target Cut to $130.00 by Analysts at Wells Fargo & Company

Jacobs Solutions (NYSE:J) had its price objective decreased by Wells Fargo & Company from $160.00 to $130.00 in a research note published on Friday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

J has been the subject of a number of other research reports. Truist Financial raised their price objective on Jacobs Solutions from $148.00 to $163.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th. Citigroup lifted their price target on shares of Jacobs Solutions from $169.00 to $185.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Bank of America dropped their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $146.00 target price (down previously from $161.00) on shares of Jacobs Solutions in a research report on Friday. Five analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Jacobs Solutions currently has an average rating of “Hold” and an average price target of $155.10.

Jacobs Solutions Stock Down 0.2%

Shares of Jacobs Solutions stock traded down $0.30 during trading on Friday, hitting $128.87. The company’s stock had a trading volume of 2,734,379 shares, compared to its average volume of 866,484. Jacobs Solutions has a 52 week low of $106.23 and a 52 week high of $168.44. The company has a market capitalization of $15.40 billion, a PE ratio of 32.14, a P/E/G ratio of 1.87 and a beta of 0.83. The company has a fifty day simple moving average of $152.83 and a two-hundred day simple moving average of $141.78. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.67 by $0.08. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The business had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.14 billion. During the same quarter in the previous year, the firm posted $1.37 earnings per share. Jacobs Solutions’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. Equities research analysts predict that Jacobs Solutions will post 6.05 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, December 19th. Shareholders of record on Tuesday, December 2nd will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.0%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Institutional Trading of Jacobs Solutions

Several institutional investors have recently made changes to their positions in the business. Forum Financial Management LP boosted its stake in Jacobs Solutions by 2.0% in the 3rd quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares during the period. Harfst & Associates Inc. boosted its position in shares of Jacobs Solutions by 0.5% during the third quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock worth $1,891,000 after acquiring an additional 64 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its stake in Jacobs Solutions by 3.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock valued at $337,000 after acquiring an additional 66 shares in the last quarter. Blue Trust Inc. lifted its stake in Jacobs Solutions by 11.2% in the 3rd quarter. Blue Trust Inc. now owns 695 shares of the company’s stock worth $104,000 after purchasing an additional 70 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Jacobs Solutions by 1.6% during the 2nd quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock valued at $584,000 after purchasing an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Company Profile

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.