Jacobs Solutions (NYSE:J) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Jacobs Solutions (NYSE:J) from a buy rating to a strong-buy rating in a report released on Saturday.

Several other research analysts also recently commented on J. Truist Financial cut their price objective on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday, November 21st. Baird R W lowered Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Bank of America dropped their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Robert W. Baird reiterated a “neutral” rating and issued a $146.00 price objective (down previously from $161.00) on shares of Jacobs Solutions in a report on Friday, November 21st. Finally, Citigroup reduced their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, November 21st. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Jacobs Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $155.90.

Jacobs Solutions Price Performance

Jacobs Solutions stock opened at $139.98 on Friday. The company has a market capitalization of $16.53 billion, a PE ratio of 57.84, a P/E/G ratio of 1.53 and a beta of 0.81. Jacobs Solutions has a 12 month low of $106.23 and a 12 month high of $168.44. The stock has a 50-day moving average price of $138.29 and a two-hundred day moving average price of $144.63. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.61.

Jacobs Solutions (NYSE:J) last released its earnings results 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 return on equity of 19.14% and a net margin of 2.41%.The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter last year, the firm posted $1.37 earnings per share. The firm’s 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. Analysts expect that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio (DPR) is 52.89%.

Insider Transactions at Jacobs Solutions

In related news, Director Manuel J. Fernandez bought 763 shares of the company’s stock in a transaction on Monday, November 24th. The stock was bought at an average cost of $130.78 per share, with a total value of $99,785.14. Following the completion of the acquisition, the director owned 10,380 shares in the company, valued at approximately $1,357,496.40. This represents a 7.93% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Peter J. Robertson purchased 1,000 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were purchased at an average cost of $134.76 per share, with a total value of $134,760.00. Following the purchase, the director directly owned 1,000 shares in the company, valued at approximately $134,760. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 2,513 shares of company stock valued at $335,878 in the last ninety days. 0.48% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Jacobs Solutions

Institutional investors and hedge funds have recently modified their holdings of the company. Aspire Capital Advisors LLC lifted its stake in shares of Jacobs Solutions by 4.0% during the 4th quarter. Aspire Capital Advisors LLC now owns 5,431 shares of the company’s stock worth $719,000 after purchasing an additional 209 shares during the period. Perigon Wealth Management LLC increased its stake in Jacobs Solutions by 42.8% in the fourth quarter. Perigon Wealth Management LLC now owns 9,628 shares of the company’s stock valued at $1,275,000 after purchasing an additional 2,886 shares during the last quarter. Louisbourg Investments Inc. increased its stake in Jacobs Solutions by 7.4% in the fourth quarter. Louisbourg Investments Inc. now owns 47,612 shares of the company’s stock valued at $6,307,000 after purchasing an additional 3,284 shares during the last quarter. Aberdeen Group plc lifted its position in Jacobs Solutions by 2.8% during the fourth quarter. Aberdeen Group plc now owns 183,038 shares of the company’s stock worth $24,245,000 after buying an additional 5,036 shares during the period. Finally, Compagnie Lombard Odier SCmA boosted its stake in Jacobs Solutions by 5.5% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 139,730 shares of the company’s stock worth $18,509,000 after buying an additional 7,335 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

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.