Jacobs Solutions Inc. (NYSE:J) Stock Has Average Price Target of $153.70 According to Analysts

Shares of Jacobs Solutions Inc. (NYSE:J) have received a consensus rating of “Moderate Buy” from the twelve analysts that are currently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $154.80.

J has been the topic of several research analyst reports. Wall Street Zen downgraded shares of Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, August 30th. Truist Financial decreased their price target on shares of Jacobs Solutions from $161.00 to $160.00 and set a “hold” rating for the company in a report on Monday. Royal Bank Of Canada lifted their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 17th. Finally, UBS Group upped their target price on Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research report on Monday, August 10th.

Insider Activity at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of Jacobs Solutions stock in a transaction dated 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 sale, the president owned 67,356 shares of the company’s stock, valued at $9,705,999.60. The trade was a 20.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.48% of the stock is owned by company insiders.

Hedge Funds Weigh In On Jacobs Solutions

Institutional investors have recently bought and sold shares of the business. Corient Private Wealth LP purchased a new stake in shares of Jacobs Solutions in the second quarter worth about $5,225,000. Goldman Sachs Group Inc. lifted its holdings in Jacobs Solutions by 24.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 852,803 shares of the company’s stock valued at $112,962,000 after acquiring an additional 169,059 shares during the period. Amundi boosted its position in Jacobs Solutions by 4.0% in the 2nd quarter. Amundi now owns 883,673 shares of the company’s stock worth $111,328,000 after purchasing an additional 34,298 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Jacobs Solutions by 12.6% during the 4th quarter. BNP Paribas Financial Markets now owns 207,533 shares of the company’s stock worth $27,490,000 after purchasing an additional 23,222 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Jacobs Solutions during the 2nd quarter worth approximately $37,046,000. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Trading Up 0.6%

Shares of NYSE:J opened at $138.93 on Friday. The business’s 50-day moving average is $143.52 and its 200 day moving average is $131.33. Jacobs Solutions has a 1 year low of $105.68 and a 1 year high of $168.44. The firm has a market capitalization of $16.41 billion, a P/E ratio of 49.27, a P/E/G ratio of 1.73 and a beta of 0.72. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.01. The business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%.The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, research analysts predict that Jacobs Solutions will post 7.25 earnings per share for the current fiscal year.

Jacobs Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, August 21st were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, August 21st. Jacobs Solutions’s dividend payout ratio (DPR) is presently 51.06%.

About Jacobs Solutions

Jacobs Solutions Inc (NYSE:J), formerly known as Jacobs Engineering Group, is a global professional services and technology company that provides consulting, design, engineering, project management, and technical services. The company supports public- and private-sector clients with complex projects involving infrastructure, transportation, water, environmental remediation, advanced manufacturing, life sciences, energy, and other critical facilities.

Jacobs helps clients plan, design, build, operate, and maintain assets and systems.