Jacobs Solutions (NYSE:J) Stock Price Target Cut by KeyCorp

Key Points

• KeyCorp lowered its price target for Jacobs Solutions from $168 to $166 while maintaining an “overweight” rating, implying approximately 17% upside from the prior close.
• Analyst sentiment remains generally positive, with six Buy and six Hold ratings producing a “Moderate Buy” consensus and an average target of $156.40.
• Jacobs exceeded quarterly expectations with $1.84 in EPS and $2.42 billion in revenue, while revenue rose 8.3% year over year; institutional investors own 85.65% of the stock.

Jacobs Solutions (NYSE:J - Get Free Report) had its target price decreased by stock analysts at KeyCorp from $168.00 to $166.00 in a report issued on Thursday, Benzinga reports. The firm presently has an "overweight" rating on the stock. KeyCorp's price target would suggest a potential upside of 17.03% from the company's previous close.

Other research analysts have also recently issued research reports about the company. Wall Street Zen cut Jacobs Solutions from a "buy" rating to a "hold" rating in a research note on Sunday, August 30th. Truist Financial reduced their price target on Jacobs Solutions from $161.00 to $160.00 and set a "hold" rating on the stock in a report on Monday, October 5th. Weiss Ratings raised Jacobs Solutions from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, August 17th. UBS Group boosted their price objective on Jacobs Solutions from $156.00 to $167.00 and gave the company a "buy" rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada boosted their price objective on Jacobs Solutions from $171.00 to $174.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $156.40.

Jacobs Solutions Price Performance

J stock opened at $141.84 on Thursday. Jacobs Solutions has a 12 month low of $105.68 and a 12 month high of $168.44. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.10. The company has a 50-day moving average price of $143.64 and a 200 day moving average price of $131.86. The stock has a market cap of $16.75 billion, a PE ratio of 50.30, a P/E/G ratio of 1.78 and a beta of 0.72.

Jacobs Solutions (NYSE:J - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.84 EPS 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 net margin of 2.40% and a return on equity of 23.96%. The firm's revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.62 EPS. Jacobs Solutions has set its FY 2026 guidance at 7.200-7.300 EPS. Equities research analysts anticipate that Jacobs Solutions will post 7.25 earnings per share for the current year.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Jacobs Solutions

A number of institutional investors have recently modified their holdings of the stock. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its holdings in Jacobs Solutions by 0.7% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 12,456 shares of the company's stock worth $1,585,000 after acquiring an additional 81 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Jacobs Solutions by 1.5% during the first quarter. Sequoia Financial Advisors LLC now owns 6,633 shares of the company's stock worth $844,000 after acquiring an additional 97 shares during the last quarter. Flynn Zito Capital Management LLC increased its holdings in shares of Jacobs Solutions by 6.0% during the first quarter. Flynn Zito Capital Management LLC now owns 1,975 shares of the company's stock valued at $251,000 after acquiring an additional 111 shares in the last quarter. Waverly Advisors LLC increased its holdings in shares of Jacobs Solutions by 2.3% during the second quarter. Waverly Advisors LLC now owns 5,309 shares of the company's stock valued at $669,000 after acquiring an additional 117 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Jacobs Solutions by 5.7% during the first quarter. EverSource Wealth Advisors LLC now owns 2,311 shares of the company's stock valued at $294,000 after acquiring an additional 125 shares in the last quarter. 85.65% of the stock is owned by hedge funds and other institutional investors.

Jacobs Solutions Company Profile

Jacobs Solutions Inc NYSE: J, formerly known as Jacobs Engineering Group, is a global professional services and technology company that provides consulting, design, engineering, project management, and technical services. The company supports public- and private-sector clients with complex projects involving infrastructure, transportation, water, environmental remediation, advanced manufacturing, life sciences, energy, and other critical facilities.

Jacobs helps clients plan, design, build, operate, and maintain assets and systems.

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