Jacobs Solutions (NYSE:J) Announces Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Jacobs Solutions (NYSE:JGet Free Report) posted its earnings results on Thursday. The company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.08, Zacks reports. The firm had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.14 billion. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.Jacobs Solutions’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.37 EPS. Jacobs Solutions updated its FY 2026 guidance to 6.900-7.300 EPS.

Jacobs Solutions Stock Down 0.2%

Shares of NYSE J opened at $128.87 on Friday. The business has a 50-day moving average of $152.83 and a two-hundred day moving average of $141.78. The company has a market capitalization of $15.40 billion, a price-to-earnings ratio of 32.14, a price-to-earnings-growth ratio of 1.87 and a beta of 0.83. Jacobs Solutions has a 1 year low of $106.23 and a 1 year high of $168.44. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39.

Jacobs Solutions Dividend Announcement

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 paid a $0.32 dividend. The ex-dividend date 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 Investors Weigh In On Jacobs Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Sivia Capital Partners LLC acquired a new position in Jacobs Solutions in the second quarter valued at approximately $321,000. Moors & Cabot Inc. acquired a new stake in Jacobs Solutions during the third quarter worth approximately $218,000. Flow Traders U.S. LLC purchased a new stake in shares of Jacobs Solutions during the 3rd quarter worth approximately $233,000. DF Dent & Co. Inc. purchased a new stake in shares of Jacobs Solutions during the 3rd quarter worth approximately $222,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Jacobs Solutions in the 2nd quarter valued at $287,000. Institutional investors and hedge funds own 85.65% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on J shares. Wall Street Zen upgraded shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a research note on Saturday. Wells Fargo & Company cut their target price on shares of Jacobs Solutions from $160.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Friday. UBS Group increased their target price on shares of Jacobs Solutions from $152.00 to $166.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Barclays boosted their price target on shares of Jacobs Solutions from $150.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Finally, Bank of America reduced their price objective on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research note on Friday. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $155.10.

Check Out Our Latest Report on J

Jacobs Solutions Company Profile

(Get Free Report)

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.

Featured Articles

Earnings History for Jacobs Solutions (NYSE:J)

Receive News & Ratings for Jacobs Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Solutions and related companies with MarketBeat.com's FREE daily email newsletter.