Wall Street Zen Upgrades Jacobs Solutions (NYSE:J) to Buy

Jacobs Solutions (NYSE:J) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Other research analysts also recently issued reports about the stock. KeyCorp decreased their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Wells Fargo & Company cut their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. UBS Group boosted their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Finally, Royal Bank Of Canada boosted their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $153.70.

Jacobs Solutions Trading Down 0.2%

Shares of J stock opened at $149.77 on Friday. The stock has a market capitalization of $17.68 billion, a PE ratio of 53.11, a P/E/G ratio of 1.45 and a beta of 0.68. Jacobs Solutions has a 1-year low of $105.68 and a 1-year high of $168.44. The business has a 50-day moving average of $133.18 and a 200 day moving average of $129.86. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the previous year, the firm earned $1.62 EPS. The business’s quarterly revenue was up 8.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, sell-side analysts anticipate that Jacobs Solutions will post 7.26 earnings per share for the current year.

Insider Activity at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the transaction, the president owned 67,356 shares in the company, valued at $9,705,999.60. This represents a 20.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC purchased a new stake in shares of Jacobs Solutions in the 3rd quarter worth about $27,000. NBH Bank purchased a new position in shares of Jacobs Solutions during the second quarter valued at about $28,000. Wealth Watch Advisors INC bought a new position in Jacobs Solutions in the third quarter worth about $33,000. Continuum Advisory LLC bought a new position in Jacobs Solutions in the second quarter worth about $28,000. Finally, Keating Financial Advisory Services Inc. purchased a new stake in Jacobs Solutions in the second quarter worth about $30,000. 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.