Jacobs Solutions (NYSE:J) Stock Price Expected to Rise, UBS Group Analyst Says

Jacobs Solutions (NYSE:J) had its price objective upped by stock analysts at UBS Group from $156.00 to $167.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective suggests a potential upside of 13.39% from the company’s current price.

Other analysts have also issued reports about the stock. KeyCorp cut their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Citigroup upped their price objective on Jacobs Solutions from $180.00 to $181.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Jacobs Solutions in a research report on Monday, August 3rd. Truist Financial cut their price target on Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating for the company in a report on Thursday, July 2nd. Finally, Royal Bank Of Canada boosted their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Six equities 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 stock currently has a consensus rating of “Moderate Buy” and an average target price of $153.70.

Jacobs Solutions Stock Up 1.5%

Shares of J stock traded up $2.21 during trading hours on Monday, hitting $147.28. 544,598 shares of the company’s stock traded hands, compared to its average volume of 1,057,887. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.10. The stock’s fifty day simple moving average is $128.65 and its two-hundred day simple moving average is $129.22. Jacobs Solutions has a 12-month low of $105.68 and a 12-month high of $168.44. The stock has a market cap of $17.39 billion, a price-to-earnings ratio of 52.23, a PEG ratio of 1.40 and a beta of 0.68.

Jacobs Solutions (NYSE:J) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.01. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. Jacobs Solutions’s revenue was up 8.3% compared to the same quarter last year. During the same period last year, the business earned $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, analysts expect that Jacobs Solutions will post 7.26 EPS for the current year.

Insider Activity

In related news, CEO Robert V. Pragada acquired 3,601 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of $111.09 per share, with a total value of $400,035.09. Following the transaction, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This trade represents a 1.09% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Manuel J. Fernandez bought 253 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $112.56 per share, for a total transaction of $28,477.68. Following the completion of the transaction, the director owned 12,504 shares in the company, valued at $1,407,450.24. This trade represents a 2.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Jacobs Solutions

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Jacobs Solutions in the second quarter valued at approximately $1,372,610,000. Ameriprise Financial Inc. raised its stake in shares of Jacobs Solutions by 828.5% during the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after acquiring an additional 1,184,068 shares during the last quarter. Focus Partners Wealth raised its position in Jacobs Solutions by 246.3% during the 4th quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock worth $177,324,000 after purchasing an additional 952,151 shares during the last quarter. Deutsche Bank AG acquired a new position in Jacobs Solutions during the 2nd quarter worth about $83,490,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Jacobs Solutions in the 2nd quarter valued at about $76,688,000. 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.