Jacobs Solutions Inc. (NYSE:J) Receives Average Recommendation of “Moderate Buy” from Brokerages

Jacobs Solutions Inc. (NYSE:J) has earned an average recommendation of “Moderate Buy” from the twelve ratings firms that are covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $154.80.

A number of brokerages recently weighed in on J. UBS Group increased their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Weiss Ratings upgraded shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. Royal Bank Of Canada lifted their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, Truist Financial reduced their price objective on Jacobs Solutions from $161.00 to $160.00 and set a “hold” rating for the company in a research report on Monday.

Jacobs Solutions Price Performance

Shares of NYSE:J opened at $136.27 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market cap of $16.09 billion, a price-to-earnings ratio of 48.32, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The business has a 50-day simple moving average of $143.49 and a two-hundred day simple moving average of $131.47. Jacobs Solutions has a fifty-two week low of $105.68 and a fifty-two week high of $168.44.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.01. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter last year, the firm posted $1.62 EPS. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, analysts expect that Jacobs Solutions will post 7.25 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, August 21st were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, August 21st. Jacobs Solutions’s payout ratio is currently 51.06%.

Insider Activity at Jacobs Solutions

In other news, President Patrick Hill sold 17,201 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $144.10, for a total transaction of $2,478,664.10. Following the completion of the sale, the president owned 67,356 shares of the company’s stock, valued at $9,705,999.60. This represents a 20.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.48% of the stock is owned by insiders.

Hedge Funds Weigh In On Jacobs Solutions

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in shares of Jacobs Solutions during the 2nd quarter worth $1,372,610,000. Primecap Management Co. CA purchased a new stake in shares of Jacobs Solutions in the 2nd quarter worth $575,291,000. Bank of America Corp DE purchased a new stake in shares of Jacobs Solutions in the 2nd quarter worth $208,318,000. Focus Partners Wealth increased its stake in shares of Jacobs Solutions by 246.3% in the 4th quarter. Focus Partners Wealth now owns 1,338,698 shares of the company’s stock worth $177,324,000 after purchasing an additional 952,151 shares in the last quarter. Finally, Caisse de depot et placement du Quebec bought a new position in Jacobs Solutions in the 2nd quarter worth $118,783,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

About Jacobs Solutions

Jacobs Solutions Inc (NYSE:J), formerly known as Jacobs Engineering Group, is a global professional services and technology company that provides consulting, design, engineering, project management, and technical services. The company supports public- and private-sector clients with complex projects involving infrastructure, transportation, water, environmental remediation, advanced manufacturing, life sciences, energy, and other critical facilities.

Jacobs helps clients plan, design, build, operate, and maintain assets and systems.