Jacobs Solutions (NYSE:J) Rating Increased to Strong-Buy 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 research note published on Saturday.

J has been the topic of a number of other reports. Robert W. Baird downgraded shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Truist Financial dropped their price target on shares of Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a research note on Friday, November 21st. Bank of America cut 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Finally, Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $156.60.

Jacobs Solutions Stock Up 0.6%

Shares of J opened at $136.88 on Friday. 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 $16.08 billion, a PE ratio of 37.50, a price-to-earnings-growth ratio of 1.41 and a beta of 0.78. The stock has a fifty day simple moving average of $138.01 and a two-hundred day simple moving average of $143.82. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.72.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.52 by $0.01. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $3.09 billion. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.33 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. As a group, equities analysts forecast that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, February 20th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.1%. This is a boost from Jacobs Solutions’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Friday, February 20th. Jacobs Solutions’s payout ratio is 39.45%.

Institutional Investors Weigh In On Jacobs Solutions

Institutional investors and hedge funds have recently made changes to their positions in the stock. Forum Financial Management LP boosted its position in shares of Jacobs Solutions by 2.0% during 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. raised its position in Jacobs Solutions by 0.5% in the third quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock valued at $1,891,000 after purchasing an additional 64 shares during the period. B. Riley Wealth Advisors Inc. raised its position in Jacobs Solutions by 3.0% in the third quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock valued at $337,000 after purchasing an additional 66 shares during the period. Blue Trust Inc. lifted its stake in Jacobs Solutions by 11.2% during the third 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, Huntington National Bank boosted its position in shares of Jacobs Solutions by 3.8% during the second quarter. Huntington National Bank now owns 2,010 shares of the company’s stock worth $264,000 after buying an additional 73 shares during the period. 85.65% of the stock is owned by hedge funds and other institutional investors.

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.