Brokerages Set Jacobs Solutions Inc. (NYSE:J) PT at $155.90

Shares of Jacobs Solutions Inc. (NYSE:J) have been given an average recommendation of “Moderate Buy” by the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $155.90.

Several research analysts recently issued reports on the company. Royal Bank Of Canada dropped their price objective on Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, November 21st. KeyCorp upped their target price on Jacobs Solutions from $157.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Baird R W downgraded Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. The Goldman Sachs Group began coverage on Jacobs Solutions in a report on Monday, November 24th. They issued a “buy” rating and a $158.00 price objective for the company. Finally, Bank of America dropped their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Friday, November 21st.

Jacobs Solutions Trading Down 0.8%

J stock opened at $135.66 on Friday. Jacobs Solutions has a 12 month low of $106.23 and a 12 month high of $168.44. The firm’s 50-day moving average is $148.94 and its 200 day moving average is $142.98. The company has a market capitalization of $16.11 billion, a PE ratio of 56.06, a P/E/G ratio of 1.47 and a beta of 0.81. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.30 and a quick ratio of 1.30.

Jacobs Solutions (NYSE:J) last issued its earnings results on Thursday, November 20th. The company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.08. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $3.14 billion. Jacobs Solutions had a net margin of 2.41% and a return on equity of 19.14%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.37 EPS. Jacobs Solutions has set its FY 2026 guidance at 6.900-7.300 EPS. On average, research analysts anticipate that Jacobs Solutions will post 6.05 EPS for the current year.

Jacobs Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd will be paid a dividend of $0.32 per share. The ex-dividend date is Tuesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.9%. Jacobs Solutions’s dividend payout ratio (DPR) is currently 52.89%.

Insider Buying and Selling

In other Jacobs Solutions news, Director Peter J. Robertson acquired 1,000 shares of Jacobs Solutions stock in a transaction that occurred on Monday, November 24th. The stock was bought at an average price of $134.76 per share, with a total value of $134,760.00. Following the completion of the purchase, the director directly owned 1,000 shares of the company’s stock, valued at approximately $134,760. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Manuel J. Fernandez bought 763 shares of the company’s stock in a transaction on Monday, November 24th. The shares were bought at an average cost of $130.78 per share, for a total transaction of $99,785.14. Following the transaction, the director directly owned 10,380 shares in the company, valued at approximately $1,357,496.40. This represents a 7.93% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 2,513 shares of company stock valued at $335,878 over the last 90 days. Corporate insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On Jacobs Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Swiss Life Asset Management Ltd lifted its position in shares of Jacobs Solutions by 33.8% during the third quarter. Swiss Life Asset Management Ltd now owns 23,394 shares of the company’s stock valued at $3,506,000 after buying an additional 5,907 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Jacobs Solutions by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 617,718 shares of the company’s stock worth $92,575,000 after buying an additional 73,567 shares during the last quarter. Vermillion & White Wealth Management Group LLC bought a new position in shares of Jacobs Solutions during the 3rd quarter worth approximately $276,000. CIBC Private Wealth Group LLC raised its stake in shares of Jacobs Solutions by 10.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 6,052 shares of the company’s stock worth $907,000 after acquiring an additional 552 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in Jacobs Solutions during the third quarter valued at approximately $2,474,000. 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.