Shares of Jacobs Solutions Inc. (NYSE:J – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the twelve analysts that are covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $153.40.
J has been the topic of several research analyst reports. Wells Fargo & Company decreased their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating on the stock in a report on Thursday, May 7th. Robert W. Baird dropped their price objective on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research note on Monday, April 13th. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings lowered Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $169.00 price target on shares of Jacobs Solutions in a report on Tuesday, May 19th.
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Jacobs Solutions Price Performance
Jacobs Solutions (NYSE:J – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The business had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the prior year, the company posted $1.43 EPS. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, sell-side analysts forecast that Jacobs Solutions will post 7.23 EPS for the current fiscal year.
Jacobs Solutions Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 22nd were given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is 44.72%.
Insider Buying and Selling
In related news, Director Manuel J. Fernandez bought 253 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $112.56 per share, with a total value of $28,477.68. Following the completion of the purchase, the director directly owned 12,504 shares of the company’s stock, valued at $1,407,450.24. This trade represents a 2.07% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Robert V. Pragada bought 3,601 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought at an average price 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 of the company’s stock, valued at $37,076,842.95. The trade was a 1.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 4,257 shares of company stock worth $477,651 over the last ninety days. 0.48% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vident Advisory LLC lifted its stake in Jacobs Solutions by 0.8% during the second quarter. Vident Advisory LLC now owns 9,794 shares of the company’s stock worth $1,287,000 after purchasing an additional 75 shares during the last quarter. Gratus Wealth Advisors LLC increased its position in shares of Jacobs Solutions by 1.3% during the 4th quarter. Gratus Wealth Advisors LLC now owns 6,193 shares of the company’s stock valued at $820,000 after purchasing an additional 81 shares during the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO raised its holdings in shares of Jacobs Solutions by 0.7% during the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company’s stock valued at $1,585,000 after buying an additional 81 shares in the last quarter. Compound Planning Inc. raised its holdings in shares of Jacobs Solutions by 3.8% during the 3rd quarter. Compound Planning Inc. now owns 2,250 shares of the company’s stock valued at $337,000 after buying an additional 83 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in Jacobs Solutions by 10.4% in the 3rd quarter. Parallel Advisors LLC now owns 915 shares of the company’s stock worth $137,000 after buying an additional 86 shares during the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.
Jacobs Solutions Company Profile
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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