Brokerages Set Jacobs Solutions Inc. (NYSE:J) Price Target at $153.70

Shares of Jacobs Solutions Inc. (NYSE:J) have been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $153.70.

J has been the topic of a number of research reports. KeyCorp decreased their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Royal Bank Of Canada raised their price objective on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. UBS Group boosted their price objective on Jacobs Solutions from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Jacobs Solutions in a research report on Monday, August 3rd. Finally, Wells Fargo & Company lowered their target price on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 7th.

Jacobs Solutions Price Performance

NYSE:J opened at $144.67 on Friday. Jacobs Solutions has a one year low of $105.68 and a one year high of $168.44. The company has a market cap of $17.08 billion, a P/E ratio of 51.30, a P/E/G ratio of 1.39 and a beta of 0.68. The firm’s fifty day moving average price is $130.97 and its two-hundred day moving average price is $129.50. 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 data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.01. The company had revenue of $2.42 billion for 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%. The company’s revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Equities analysts expect that Jacobs Solutions will post 7.26 earnings per share for the current year.

Jacobs Solutions Announces Dividend

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

Insider Buying and Selling at Jacobs Solutions

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

Hedge Funds Weigh In On Jacobs Solutions

Several institutional investors and hedge funds have recently modified their holdings of the business. Measured Wealth Private Client Group LLC bought a new stake in Jacobs Solutions in the 3rd quarter valued at about $27,000. Wealth Watch Advisors INC acquired a new position in shares of Jacobs Solutions during the 3rd quarter worth approximately $33,000. Keating Financial Advisory Services Inc. bought a new position in shares of Jacobs Solutions during the second quarter worth approximately $30,000. International Assets Investment Management LLC bought a new position in shares of Jacobs Solutions during the fourth quarter worth approximately $38,000. Finally, Compass Financial Management LLC acquired a new stake in shares of Jacobs Solutions in the second quarter valued at approximately $43,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

About Jacobs Solutions

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.