Jacobs Solutions (NYSE:J) Downgraded to Hold Rating by Baird R W

Jacobs Solutions (NYSE:J) was downgraded by analysts at Baird R W from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

A number of other research analysts have also weighed in on J. Robert W. Baird restated a “neutral” rating and set a $146.00 price objective (down previously from $161.00) on shares of Jacobs Solutions in a research report on Friday. Bank of America dropped their price target on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating for the company in a research note on Friday. Truist Financial cut their price target on Jacobs Solutions from $163.00 to $152.00 and set a “hold” rating for the company in a report on Friday. Royal Bank Of Canada decreased their price objective on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday. Finally, Wall Street Zen raised shares of Jacobs Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Jacobs Solutions currently has an average rating of “Hold” and a consensus target price of $155.10.

Jacobs Solutions Price Performance

J stock opened at $128.87 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The company’s fifty day moving average price is $152.83 and its 200-day moving average price is $141.78. Jacobs Solutions has a one year low of $106.23 and a one year high of $168.44. The company has a market capitalization of $15.40 billion, a PE ratio of 32.14, a price-to-earnings-growth ratio of 1.87 and a beta of 0.83.

Jacobs Solutions (NYSE:J) last posted its earnings results on Thursday, November 20th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.08. The company had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. Jacobs Solutions’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the company posted $1.37 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. On average, equities analysts anticipate that Jacobs Solutions will post 6.05 EPS for the current fiscal year.

Institutional Investors Weigh In On Jacobs Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the company. Forum Financial Management LP boosted 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 during the period. Harfst & Associates Inc. lifted its stake in Jacobs Solutions by 0.5% in the third quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock worth $1,891,000 after purchasing an additional 64 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of Jacobs Solutions by 3.0% during the third 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 during the period. Blue Trust Inc. grew its stake in shares of Jacobs Solutions by 11.2% during the third quarter. Blue Trust Inc. now owns 695 shares of the company’s stock valued at $104,000 after buying an additional 70 shares during the last quarter. Finally, D.A. Davidson & CO. raised its holdings in shares of Jacobs Solutions by 1.6% in the second quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock worth $584,000 after buying an additional 71 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.

About Jacobs Solutions

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.