Brokerages Set Jacobs Solutions Inc. (NYSE:J) Price Target at $156.60

Shares of Jacobs Solutions Inc. (NYSE:J) have been assigned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $156.60.

J has been the topic of a number of research analyst reports. Wall Street Zen cut shares of Jacobs Solutions from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. Citigroup lowered their price objective on shares of Jacobs Solutions from $182.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, November 21st. Bank of America reduced their target price on shares of Jacobs Solutions from $147.00 to $141.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Wells Fargo & Company lifted their price target on shares of Jacobs Solutions from $130.00 to $137.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Finally, Zacks Research raised Jacobs Solutions from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 5th.

Jacobs Solutions Stock Down 1.1%

Shares of NYSE J opened at $137.76 on Friday. Jacobs Solutions has a 1 year low of $106.23 and a 1 year high of $168.44. The firm has a 50-day simple moving average of $137.64 and a two-hundred day simple moving average of $144.63. The company has a market cap of $16.18 billion, a P/E ratio of 37.74, a PEG ratio of 1.43 and a beta of 0.80. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.33.

Jacobs Solutions (NYSE:J) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.01. Jacobs Solutions had a return on equity of 20.59% and a net margin of 3.49%.The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the prior year, the business posted $1.33 earnings per share. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 6.950-7.300 EPS. Research analysts anticipate that Jacobs Solutions will post 6.05 earnings per share for the current year.

Jacobs Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 20th will be given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, February 20th. This is a positive change from Jacobs Solutions’s previous quarterly dividend of $0.32. Jacobs Solutions’s dividend payout ratio is currently 39.45%.

Institutional Trading of Jacobs Solutions

A number of hedge funds have recently added to or reduced their stakes in J. Forum Financial Management LP lifted its position in shares of Jacobs Solutions by 2.0% in the 3rd quarter. Forum Financial Management LP now owns 3,186 shares of the company’s stock worth $477,000 after purchasing an additional 63 shares during the period. Harfst & Associates Inc. raised its stake in Jacobs Solutions by 0.5% in the third quarter. Harfst & Associates Inc. now owns 12,616 shares of the company’s stock worth $1,891,000 after buying an additional 64 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in Jacobs Solutions by 3.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 2,247 shares of the company’s stock worth $337,000 after buying an additional 66 shares during the period. Blue Trust Inc. lifted its holdings in Jacobs Solutions by 11.2% during the third quarter. Blue Trust Inc. now owns 695 shares of the company’s stock worth $104,000 after buying an additional 70 shares during the period. Finally, D.A. Davidson & CO. boosted its position in Jacobs Solutions by 1.6% during the 2nd quarter. D.A. Davidson & CO. now owns 4,439 shares of the company’s stock valued at $584,000 after acquiring an additional 71 shares in the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

About Jacobs Solutions

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.