Jacobs Solutions (NYSE:J) Lowered to “Hold” Rating by Wall Street Zen

by · The Cerbat Gem

Wall Street Zen downgraded shares of Jacobs Solutions (NYSE:J – Free Report) from a buy rating to a hold rating in a research note published on Saturday.

A number of other equities analysts have also recently issued reports on J. Royal Bank Of Canada boosted their price objective on Jacobs Solutions from $160.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday. 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 report on Monday, April 13th. Zacks Research raised shares of Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th. Wells Fargo & Company decreased their price target on shares of Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research note on Thursday. Finally, Weiss Ratings cut Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Jacobs Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.40.

View Our Latest Stock Analysis on J

Jacobs Solutions Price Performance

J opened at $118.48 on Friday. The business has a fifty day moving average of $129.64 and a 200 day moving average of $137.46. Jacobs Solutions has a 52-week low of $118.38 and a 52-week high of $168.44. The company has a quick ratio of 1.33, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. The stock has a market cap of $13.99 billion, a P/E ratio of 36.79, a PEG ratio of 1.15 and a beta of 0.73.

Jacobs Solutions (NYSE:J – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the business earned $1.43 EPS. Jacobs Solutions’s revenue 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 anticipate that Jacobs Solutions will post 7.22 EPS for the current year.

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

Insider Buying and Selling at Jacobs Solutions

In related news, President Shannon Miller sold 1,440 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $134.13, for a total transaction of $193,147.20. Following the completion of the sale, the president directly owned 25,344 shares in the company, valued at $3,399,390.72. This represents a 5.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.48% of the stock is owned by company insiders.

Institutional Investors Weigh In On Jacobs Solutions

A number of hedge funds have recently made changes to their positions in J. Empowered Funds LLC lifted its stake in shares of Jacobs Solutions by 92.3% during the 1st quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock worth $812,000 after purchasing an additional 3,226 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Jacobs Solutions by 38.7% during the 1st quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock worth $1,252,000 after purchasing an additional 2,891 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Jacobs Solutions during the 2nd quarter worth $321,000. Baird Financial Group Inc. lifted its stake in shares of Jacobs Solutions by 1.7% during the 2nd quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock worth $1,975,000 after purchasing an additional 248 shares during the last quarter. Finally, AXA S.A. lifted its stake in shares of Jacobs Solutions by 14.9% during the 2nd quarter. AXA S.A. now owns 19,670 shares of the company’s stock worth $2,586,000 after purchasing an additional 2,556 shares during the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Jacobs Solutions Company Profile

(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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