Jacobs Solutions (NYSE:J) Price Target Cut to $141.00 by Analysts at Bank of America

Jacobs Solutions (NYSE:J) had its price objective cut by Bank of America from $147.00 to $141.00 in a report issued on Friday morning,Benzinga reports. They currently have a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the stock. KeyCorp upped their price target on shares of Jacobs Solutions from $157.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Robert W. Baird reaffirmed a “neutral” rating and issued a $146.00 price target (down previously from $161.00) on shares of Jacobs Solutions in a report on Friday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Jacobs Solutions in a research report on Wednesday, October 8th. Finally, UBS Group boosted their price objective on Jacobs Solutions from $152.00 to $166.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Five investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $155.10.

Jacobs Solutions Price Performance

Shares of J stock traded down $0.30 during trading hours on Friday, hitting $128.87. The stock had a trading volume of 2,734,379 shares, compared to its average volume of 866,484. Jacobs Solutions has a one year low of $106.23 and a one 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. The stock’s 50-day moving average price is $152.83 and its two-hundred day moving average price is $141.78. The stock has a market capitalization of $15.40 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 1.87 and a beta of 0.83.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data on Thursday, November 20th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. The business had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $3.14 billion. Jacobs Solutions had a return on equity of 17.13% and a net margin of 4.16%.The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.37 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. Equities analysts forecast that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Tuesday, December 2nd will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, December 2nd. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Hedge Funds Weigh In On Jacobs Solutions

Several hedge funds have recently bought and sold shares of J. Ingalls & Snyder LLC acquired a new position in Jacobs Solutions in the 2nd quarter worth approximately $558,000. FORA Capital LLC acquired a new stake in Jacobs Solutions during the 1st quarter valued at approximately $1,986,000. Atlantic Union Bankshares Corp boosted its holdings in shares of Jacobs Solutions by 409.3% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,514 shares of the company’s stock valued at $1,645,000 after acquiring an additional 10,057 shares during the last quarter. Focus Partners Advisor Solutions LLC increased its stake in shares of Jacobs Solutions by 90.1% in the second quarter. Focus Partners Advisor Solutions LLC now owns 5,375 shares of the company’s stock worth $706,000 after acquiring an additional 2,548 shares during the period. Finally, Bank of Nova Scotia raised its holdings in shares of Jacobs Solutions by 15.2% during the first quarter. Bank of Nova Scotia now owns 129,887 shares of the company’s stock worth $15,702,000 after purchasing an additional 17,120 shares during the last quarter. Institutional investors own 85.65% of the company’s stock.

About Jacobs Solutions

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.