Jacobs Solutions Inc. (NYSE:J) Stock Has Average Target Price of $156.78

Shares of Jacobs Solutions Inc. (NYSE:J) have received a consensus recommendation of “Hold” from the eleven analysts that are covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $156.78.

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

Insider Transactions at Jacobs Solutions

In other Jacobs Solutions news, President Patrick Hill sold 17,201 shares of the stock in a transaction on 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 transaction, the president directly owned 67,356 shares in the company, valued at $9,705,999.60. This represents a 20.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.48% of the company’s stock.

Institutional Trading of Jacobs Solutions

Hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new position in Jacobs Solutions during the second quarter worth about $1,372,610,000. Primecap Management Co. CA acquired a new position in shares of Jacobs Solutions during the second quarter worth approximately $575,291,000. Bank of America Corp DE bought a new stake in Jacobs Solutions during the second quarter worth $208,318,000. Caisse de depot et placement du Quebec bought a new position in Jacobs Solutions in the 2nd quarter worth approximately $118,783,000. Finally, Amundi grew its stake in Jacobs Solutions by 4.0% in the 2nd quarter. Amundi now owns 883,673 shares of the company’s stock worth $111,328,000 after buying an additional 34,298 shares in the last quarter. Institutional investors own 85.65% of the company’s stock.

Jacobs Solutions Price Performance

NYSE J opened at $154.40 on Wednesday. The stock has a market capitalization of $18.23 billion, a P/E ratio of 54.75, a P/E/G ratio of 1.94 and a beta of 0.68. Jacobs Solutions has a 1 year low of $105.68 and a 1 year high of $159.34. 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 business’s fifty day moving average is $143.66 and its two-hundred day moving average is $133.90.

Jacobs Solutions (NYSE:J) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.01. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.40 billion. Jacobs Solutions had a net margin of 2.40% and a return on equity of 23.96%. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.62 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. On average, research analysts forecast that Jacobs Solutions will post 7.24 earnings per share for the current fiscal year.

Jacobs Solutions Company Profile

Jacobs Solutions Inc (NYSE:J) is a global technical, professional and consulting services provider serving government and commercial clients. The company helps organizations plan, design, deliver and operate complex infrastructure and mission-critical programs, with expertise spanning advanced manufacturing, transportation, water, environmental services, energy, life sciences, space and national security.

Through its consulting and engineering operations, Jacobs provides services such as program and project management, engineering and design, architecture, environmental planning, digital solutions and operational support.