Jacobs Solutions (NYSE:J) Sets New 1-Year Low – Here’s What Happened

Jacobs Solutions Inc. (NYSE:J) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $105.68 and last traded at $107.0770, with a volume of 2646277 shares trading hands. The stock had previously closed at $114.15.

Analysts Set New Price Targets

J has been the subject of several research analyst reports. Wells Fargo & Company decreased their price objective on Jacobs Solutions from $137.00 to $131.00 and set an “equal weight” rating for the company in a research report on Thursday, May 7th. 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 research report on Wednesday, May 6th. KeyCorp decreased their price objective on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings lowered Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $153.40.

Jacobs Solutions Stock Performance

The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.24. The stock has a 50 day simple moving average of $126.70 and a two-hundred day simple moving average of $135.62. The stock has a market capitalization of $13.04 billion, a P/E ratio of 34.30, a P/E/G ratio of 1.09 and a beta of 0.73.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.28 billion. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The business’s revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $1.43 earnings per share. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. On average, equities analysts forecast that Jacobs Solutions Inc. will post 7.22 EPS for the current fiscal year.

Jacobs Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, May 22nd will be paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio (DPR) is currently 44.72%.

Insider Buying and Selling

In other news, President Shannon Miller sold 1,440 shares of Jacobs Solutions stock in a transaction that occurred 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 transaction, the president directly owned 25,344 shares in the company, valued at approximately $3,399,390.72. The trade was a 5.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Manuel J. Fernandez bought 403 shares of Jacobs Solutions stock in a transaction dated Friday, May 8th. The shares were acquired at an average price of $121.93 per share, with a total value of $49,137.79. Following the completion of the purchase, the director directly owned 12,251 shares in the company, valued at $1,493,764.43. This trade represents a 3.40% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.48% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in J. Empowered Funds LLC boosted 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 acquiring an additional 3,226 shares during the period. Woodline Partners LP boosted 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 acquiring an additional 2,891 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Jacobs Solutions during the 2nd quarter worth approximately $321,000. Baird Financial Group Inc. boosted 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 acquiring an additional 248 shares during the period. Finally, AXA S.A. boosted 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 acquiring an additional 2,556 shares during the period. 85.65% of the stock is currently owned by institutional investors.

Jacobs Solutions Company Profile

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.