Analysts Set Jacobs Solutions Inc. (NYSE:J) Price Target at $153.10

Jacobs Solutions Inc. (NYSE:J) has been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $153.30.

A number of analysts have recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. Wall Street Zen lowered shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Royal Bank Of Canada boosted their price objective on shares of Jacobs Solutions from $169.00 to $171.00 and gave the stock an “outperform” rating in a research note on Wednesday. KeyCorp cut their price objective on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Robert W. Baird decreased their target price on shares of Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th.

Insider Activity

In other news, Director Manuel J. Fernandez purchased 403 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the purchase, the director directly owned 12,251 shares in the company, valued at approximately $1,493,764.43. This trade represents a 3.40% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert V. Pragada bought 3,601 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average price of $111.09 per share, for a total transaction of $400,035.09. Following the purchase, the chief executive officer owned 333,755 shares of the company’s stock, valued at approximately $37,076,842.95. This represents a 1.09% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 4,257 shares of company stock valued at $477,651. 0.48% of the stock is owned by insiders.

Institutional Trading of Jacobs Solutions

Several institutional investors have recently added to or reduced their stakes in J. Wedge Capital Management L L P NC increased its holdings in shares of Jacobs Solutions by 27.3% in the 2nd quarter. Wedge Capital Management L L P NC now owns 107,794 shares of the company’s stock worth $13,582,000 after purchasing an additional 23,137 shares in the last quarter. Tema ETFs LLC lifted its holdings in shares of Jacobs Solutions by 7.5% during the second quarter. Tema ETFs LLC now owns 4,176 shares of the company’s stock valued at $526,000 after purchasing an additional 290 shares in the last quarter. Handelsbanken Fonder AB bought a new position in shares of Jacobs Solutions during the second quarter valued at $4,498,000. Fulton Bank N.A. boosted its position in shares of Jacobs Solutions by 4.0% during the second quarter. Fulton Bank N.A. now owns 8,745 shares of the company’s stock valued at $1,102,000 after buying an additional 334 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its position in shares of Jacobs Solutions by 47.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 4,424 shares of the company’s stock valued at $557,000 after buying an additional 1,423 shares during the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Jacobs Solutions Price Performance

J opened at $130.69 on Monday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a market capitalization of $15.43 billion, a PE ratio of 40.59, a price-to-earnings-growth ratio of 1.26 and a beta of 0.69. The stock’s 50 day moving average price is $122.97 and its 200-day moving average price is $129.26. Jacobs Solutions has a 52-week low of $105.68 and a 52-week high of $168.44.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the prior year, the firm earned $1.43 earnings per share. Jacobs Solutions’s revenue was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, equities research analysts predict that Jacobs Solutions will post 7.23 EPS for the current year.

Jacobs Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.36 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 1.1%. Jacobs Solutions’s 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.