Jacobs Solutions (NYSE:J) Price Target Raised to $188.00

by · The Markets Daily

Jacobs Solutions (NYSE:J – Get Free Report) had its price target lifted by investment analysts at Citigroup from $181.00 to $188.00 in a report released on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup‘s price target would indicate a potential upside of 28.77% from the company’s previous close.

J has been the topic of several other reports. Wall Street Zen cut Jacobs Solutions from a “buy” rating to a “hold” rating in a report on Sunday, August 30th. UBS Group raised their price objective on shares of Jacobs Solutions from $156.00 to $167.00 and gave the company a “buy” rating in a report on Monday, August 10th. KeyCorp cut their target price on shares of Jacobs Solutions from $168.00 to $166.00 and set an “overweight” rating on the stock in a research report on Thursday, October 15th. Royal Bank Of Canada boosted their target price on shares of Jacobs Solutions from $171.00 to $174.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Jacobs Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Jacobs Solutions presently has a consensus rating of “Hold” and a consensus target price of $156.78.

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Jacobs Solutions Price Performance

J stock traded down $0.26 during trading on Friday, reaching $146.00. 272,321 shares of the company were exchanged, compared to its average volume of 1,003,359. The company has a 50-day moving average of $143.17 and a two-hundred day moving average of $132.48. The company has a market capitalization of $17.24 billion, a price-to-earnings ratio of 51.84, a P/E/G ratio of 1.79 and a beta of 0.72. Jacobs Solutions has a twelve month low of $105.68 and a twelve month high of $168.44. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.29 and a quick ratio of 1.29.

Jacobs Solutions (NYSE:J – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.01. The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.40 billion. Jacobs Solutions had a return on equity of 23.96% and a net margin of 2.40%. Jacobs Solutions’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter last year, the business posted $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. As a group, equities analysts predict that Jacobs Solutions will post 7.24 earnings per share for the current fiscal year.

Insider Buying and Selling at Jacobs Solutions

In related news, President Patrick Hill sold 17,201 shares of Jacobs Solutions 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 completion of the transaction, the president owned 67,356 shares of the company’s stock, valued at $9,705,999.60. This trade represents a 20.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.48% of the stock is currently owned by company insiders.

Institutional Trading of Jacobs Solutions

A number of large investors have recently bought and sold shares of the business. Corient Private Wealth LP acquired a new position in Jacobs Solutions in the second quarter valued at approximately $5,225,000. Amundi boosted its holdings in shares of Jacobs Solutions by 4.0% during 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. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Jacobs Solutions during the 2nd quarter worth approximately $37,046,000. Ancora Advisors LLC grew its position in shares of Jacobs Solutions by 34.9% during the 2nd quarter. Ancora Advisors LLC now owns 31,427 shares of the company’s stock worth $3,960,000 after buying an additional 8,130 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of Jacobs Solutions by 59.8% in the 1st quarter. NewEdge Advisors LLC now owns 44,267 shares of the company’s stock valued at $5,634,000 after acquiring an additional 16,571 shares in the last quarter. 85.65% of the stock is currently owned by institutional investors and hedge funds.

About Jacobs Solutions

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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.

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