Jacobs Solutions (NYSE:J) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen lowered shares of Jacobs Solutions (NYSE:J) from a strong-buy rating to a buy rating in a research report released on Saturday morning.

A number of other analysts have also issued reports on J. Wells Fargo & Company increased their target price on Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday, January 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Jacobs Solutions in a research report on Monday, December 29th. Robert W. Baird reduced their price objective on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Finally, Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 5th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $154.60.

Jacobs Solutions Price Performance

J stock opened at $128.80 on Friday. Jacobs Solutions has a one year low of $114.27 and a one year high of $168.44. The firm has a 50-day moving average of $132.22 and a two-hundred day moving average of $139.90. The firm has a market capitalization of $15.13 billion, a PE ratio of 35.29, a P/E/G ratio of 1.31 and a beta of 0.77. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.72.

Jacobs Solutions (NYSE:J) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.01. Jacobs Solutions had a net margin of 3.49% and a return on equity of 20.59%. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter in the previous year, the business earned $1.33 earnings per share. The firm’s revenue was up 12.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. On average, analysts forecast that Jacobs Solutions will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, February 20th were issued a dividend of $0.36 per share. The ex-dividend date was Friday, February 20th. This represents a $1.44 annualized dividend and a dividend yield of 1.1%. This is an increase from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio is presently 39.45%.

Insider Buying and Selling at Jacobs Solutions

In related news, President Shannon Miller sold 1,440 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares in the company, valued at approximately $3,399,390.72. This trade represents a 5.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Forum Financial Management LP raised its stake in shares of Jacobs Solutions by 2.0% during the 3rd quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares in the last quarter. Harfst & Associates Inc. grew its stake in shares of Jacobs Solutions by 0.5% in the 3rd quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock valued at $1,891,000 after buying an additional 64 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its stake in shares of Jacobs Solutions by 3.0% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock valued at $337,000 after buying an additional 66 shares in the last quarter. Blue Trust Inc. increased its holdings in Jacobs Solutions by 11.2% in the third quarter. Blue Trust Inc. now owns 695 shares of the company’s stock worth $104,000 after buying an additional 70 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in Jacobs Solutions by 1.0% in the third quarter. TD Private Client Wealth LLC now owns 7,421 shares of the company’s stock worth $1,112,000 after buying an additional 73 shares during the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

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.