Jacobs Solutions (NYSE:J) Reaches New 52-Week Low After Analyst Downgrade

Shares of Jacobs Solutions Inc. (NYSE:J) reached a new 52-week low during trading on Friday after Weiss Ratings downgraded the stock from a hold (c) rating to a hold (c-) rating. The company traded as low as $118.51 and last traded at $118.4750, with a volume of 1003460 shares traded. The stock had previously closed at $122.76.

Several other equities analysts have also recently issued reports on J. Robert W. Baird lowered their price objective on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a research note on Monday, April 13th. Royal Bank Of Canada lifted their price objective on shares of Jacobs Solutions from $160.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Wall Street Zen cut shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 18th. Finally, Wells Fargo & Company lowered their price objective on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Jacobs Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $153.40.

Insider Buying and Selling

In related news, President Shannon Miller sold 1,440 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $134.13, for a total transaction of $193,147.20. Following the transaction, the president directly owned 25,344 shares of the company’s stock, valued at approximately $3,399,390.72. The trade was a 5.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC purchased a new position in Jacobs Solutions during the third quarter valued at approximately $27,000. Princeton Global Asset Management LLC bought a new stake in Jacobs Solutions in the fourth quarter worth approximately $30,000. Central Pacific Bank Trust Division bought a new stake in Jacobs Solutions in the fourth quarter worth approximately $31,000. Godsey & Gibb Inc. grew its position in Jacobs Solutions by 121.0% in the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company’s stock worth $33,000 after acquiring an additional 121 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Jacobs Solutions by 65.4% in the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company’s stock worth $33,000 after acquiring an additional 87 shares in the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Price Performance

The company has a quick ratio of 1.33, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $13.99 billion, a P/E ratio of 36.79, a P/E/G ratio of 1.30 and a beta of 0.73. The company’s 50-day simple moving average is $129.64 and its 200 day simple moving average is $137.46.

Jacobs Solutions (NYSE:J) last posted its earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, sell-side analysts expect that Jacobs Solutions Inc. will post 7.18 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, May 22nd will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is presently 44.72%.

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.