Jacobs Solutions (NYSE:J) Rating Lowered to Strong Sell at Zacks Research

Jacobs Solutions (NYSE:J) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Tuesday,Zacks.com reports.

A number of other research firms have also recently commented on J. Barclays increased their target price on shares of Jacobs Solutions from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. The Goldman Sachs Group started coverage on shares of Jacobs Solutions in a research report on Monday, November 24th. They set a “buy” rating and a $158.00 target price on the stock. Bank of America decreased their price target 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. KeyCorp lifted their price target on Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Wells Fargo & Company increased their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $156.60.

Jacobs Solutions Price Performance

J stock traded down $1.25 during trading on Tuesday, hitting $135.45. 173,869 shares of the company’s stock traded hands, compared to its average volume of 642,591. The business has a fifty day simple moving average of $136.26 and a 200 day simple moving average of $144.73. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market capitalization of $15.99 billion, a price-to-earnings ratio of 55.79, a P/E/G ratio of 1.48 and a beta of 0.81. Jacobs Solutions has a 52 week low of $106.23 and a 52 week high of $168.44.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.08. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The business had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter in the previous year, the business posted $1.37 earnings per share. The business’s revenue was up 6.6% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. As a group, research analysts expect that Jacobs Solutions will post 6.05 EPS for the current fiscal year.

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, Director Manuel J. Fernandez acquired 763 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average cost of $130.78 per share, with a total value of $99,785.14. Following the transaction, the director owned 10,380 shares of the company’s stock, valued at $1,357,496.40. This trade represents a 7.93% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Peter J. Robertson bought 1,000 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was bought at an average cost of $134.76 per share, for a total transaction of $134,760.00. Following the transaction, the director directly owned 1,000 shares of the company’s stock, valued at $134,760. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders acquired 2,513 shares of company stock worth $335,878. 0.48% of the stock is currently owned by company insiders.

Institutional Trading of Jacobs Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the business. Klingman & Associates LLC boosted its holdings in shares of Jacobs Solutions by 4.8% in the 4th quarter. Klingman & Associates LLC now owns 3,401 shares of the company’s stock valued at $450,000 after buying an additional 157 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of Jacobs Solutions in the 4th quarter valued at about $659,000. Calamos Advisors LLC grew its stake in Jacobs Solutions by 74.5% during the 4th quarter. Calamos Advisors LLC now owns 41,000 shares of the company’s stock worth $5,431,000 after buying an additional 17,500 shares during the last quarter. Lebenthal Global Advisors LLC increased its position in Jacobs Solutions by 17.8% during the fourth quarter. Lebenthal Global Advisors LLC now owns 9,161 shares of the company’s stock worth $1,213,000 after buying an additional 1,384 shares during the period. Finally, U S Global Investors Inc. acquired a new position in shares of Jacobs Solutions during the 4th quarter worth $464,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

Jacobs Solutions Company Profile

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.