Jacobs Solutions Inc. (NYSE:J) Receives $153.40 Consensus Target Price from Analysts

Shares of Jacobs Solutions Inc. (NYSE:JGet Free Report) have earned a consensus rating of “Moderate Buy” from the twelve brokerages that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $153.40.

Several research analysts have commented on the company. Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. KeyCorp cut their target price on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. Robert W. Baird cut their target price on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Finally, Wells Fargo & Company cut their target price on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th.

Get Our Latest Research Report on Jacobs Solutions

Insider Activity

In other Jacobs Solutions news, Director Manuel J. Fernandez acquired 403 shares of the stock in a transaction dated Friday, May 8th. The stock was purchased at an average cost of $121.93 per share, with a total value of $49,137.79. Following the transaction, the director owned 12,251 shares in the company, valued at approximately $1,493,764.43. The trade was a 3.40% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Robert V. Pragada acquired 3,601 shares of the stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the transaction, the chief executive officer owned 333,755 shares in the company, valued at approximately $37,076,842.95. This represents a 1.09% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders bought 4,257 shares of company stock valued at $477,651. Corporate insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in J. Measured Wealth Private Client Group LLC bought a new position in shares of Jacobs Solutions in the 3rd quarter worth about $27,000. Princeton Global Asset Management LLC bought a new position in shares of Jacobs Solutions in the 4th quarter worth about $30,000. Central Pacific Bank Trust Division bought a new stake in Jacobs Solutions in the 4th quarter valued at about $31,000. Wealth Watch Advisors INC bought a new stake in Jacobs Solutions in the 3rd quarter valued at about $33,000. Finally, International Assets Investment Management LLC bought a new stake in Jacobs Solutions in the 4th quarter valued at about $38,000. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Stock Up 2.1%

Shares of J opened at $123.83 on Friday. The company has a market capitalization of $14.62 billion, a PE ratio of 38.46, a PEG ratio of 1.18 and a beta of 0.69. Jacobs Solutions has a 12 month low of $105.68 and a 12 month high of $168.44. The stock’s 50-day moving average price is $122.97 and its two-hundred day moving average price is $131.72. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24.

Jacobs Solutions (NYSE:JGet Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.43 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, analysts anticipate that Jacobs Solutions will post 7.22 EPS for the current year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be given a $0.36 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. Jacobs Solutions’s dividend payout ratio (DPR) is 44.72%.

About Jacobs Solutions

(Get Free Report)

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.

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Analyst Recommendations for Jacobs Solutions (NYSE:J)

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