Jacobs Solutions Inc. (NYSE:J) Receives $153.70 Consensus Target Price from Brokerages

Jacobs Solutions Inc. (NYSE:J) has received a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $153.70.

Several analysts recently weighed in on J shares. Truist Financial cut their price objective on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research report on Thursday, July 2nd. Wall Street Zen cut shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, August 30th. Weiss Ratings upgraded shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. UBS Group lifted their price target on Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada boosted their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th.

Insiders Place Their Bets

In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the transaction, the president owned 67,356 shares in the company, valued at approximately $9,705,999.60. The trade was a 20.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of J. Empowered Funds LLC increased its stake in Jacobs Solutions by 92.3% during the 1st quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after buying an additional 3,226 shares during the period. Woodline Partners LP lifted its stake in shares of Jacobs Solutions by 38.7% in the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock worth $1,252,000 after acquiring an additional 2,891 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Jacobs Solutions in the 2nd quarter worth approximately $321,000. Baird Financial Group Inc. boosted its holdings in shares of Jacobs Solutions by 1.7% in the second quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock valued at $1,975,000 after acquiring an additional 248 shares in the last quarter. Finally, AXA S.A. boosted its holdings in shares of Jacobs Solutions by 14.9% in the second quarter. AXA S.A. now owns 19,670 shares of the company’s stock valued at $2,586,000 after acquiring an additional 2,556 shares in the last quarter. 85.65% of the stock is owned by institutional investors and hedge funds.

Jacobs Solutions Price Performance

Shares of NYSE J opened at $141.74 on Tuesday. Jacobs Solutions has a 1-year low of $105.68 and a 1-year high of $168.44. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29. The business’s fifty day moving average price is $140.20 and its two-hundred day moving average price is $130.65. The firm has a market capitalization of $16.74 billion, a PE ratio of 50.26, a P/E/G ratio of 2.06 and a beta of 0.70.

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

Jacobs Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.36 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $1.44 annualized dividend and a yield of 1.0%. Jacobs Solutions’s payout ratio is presently 51.06%.

Jacobs Solutions Company Profile

Jacobs Solutions Inc (NYSE:J) is a global professional services and technical consulting company that provides engineering, design, consulting, program and construction management, and operations services. The company works with public- and private-sector clients on complex projects involving infrastructure, transportation, water, environmental services, energy, advanced manufacturing, life sciences, and other critical facilities.

Jacobs supports the planning, design, delivery, and operation of large-scale assets and systems.