Wall Street Zen Upgrades Jacobs Solutions (NYSE:J) to “Strong-Buy”

Jacobs Solutions (NYSE:J) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

A number of other brokerages have also issued reports on J. Bank of America decreased their price target on Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Citigroup dropped their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, November 21st. Robert W. Baird lowered shares of Jacobs Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Royal Bank Of Canada decreased their target price on shares of Jacobs Solutions from $157.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, November 21st. Finally, Zacks Research upgraded shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.60.

Jacobs Solutions Trading Up 0.6%

Shares of J opened at $136.88 on Friday. Jacobs Solutions has a fifty-two week low of $106.23 and a fifty-two week high of $168.44. The company has a market capitalization of $16.08 billion, a PE ratio of 37.50, a price-to-earnings-growth ratio of 1.41 and a beta of 0.78. The stock has a fifty day moving average of $138.01 and a two-hundred day moving average of $143.80. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.33 and a current ratio of 1.33.

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

Hedge Funds Weigh In On Jacobs Solutions

Hedge funds and other institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. raised its holdings in Jacobs Solutions by 828.5% in the second quarter. Ameriprise Financial Inc. now owns 1,326,988 shares of the company’s stock valued at $174,434,000 after buying an additional 1,184,068 shares during the period. Focus Partners Wealth lifted its position in Jacobs Solutions by 246.3% during the fourth quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock valued at $177,324,000 after buying an additional 952,151 shares in the last quarter. L1 Capital International Pty Ltd grew its stake in Jacobs Solutions by 363.6% during the fourth quarter. L1 Capital International Pty Ltd now owns 723,533 shares of the company’s stock worth $95,839,000 after buying an additional 567,478 shares during the period. Morgan Stanley grew its stake in Jacobs Solutions by 19.5% during the fourth quarter. Morgan Stanley now owns 3,379,681 shares of the company’s stock worth $447,673,000 after buying an additional 552,277 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of Jacobs Solutions by 68.8% in the second quarter. AQR Capital Management LLC now owns 1,288,843 shares of the company’s stock worth $168,194,000 after acquiring an additional 525,291 shares in the last quarter. 85.65% of the stock is 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.