Jacobs Solutions Inc. (NYSE:J) Receives $155.25 Consensus Target Price from Brokerages

Key Points

• Jacobs Solutions Inc. has received a consensus rating of "Moderate Buy" from nine analysts, with an average target price of $155.25.
• Shares opened at $146.94, and institutional investors now own approximately 85.65% of the company's stock.
• Jacobs Solutions announced a quarterly dividend of $0.32 per share, resulting in an annual yield of 0.9%.

Shares of Jacobs Solutions Inc. (NYSE:J - Get Free Report) have received an average rating of "Moderate Buy" from the nine analysts that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $155.25.

Several equities research analysts have issued reports on J shares. Truist Financial raised their price objective on shares of Jacobs Solutions from $130.00 to $141.00 and gave the stock a "hold" rating in a research report on Monday, May 12th. UBS Group raised their target price on shares of Jacobs Solutions from $152.00 to $166.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Royal Bank Of Canada lifted their target price on Jacobs Solutions from $152.00 to $154.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Citigroup boosted their target price on shares of Jacobs Solutions from $147.47 to $166.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. Finally, KeyCorp boosted their target price on shares of Jacobs Solutions from $155.00 to $157.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th.

Jacobs Solutions Stock Performance

NYSE:J traded down $0.46 during mid-day trading on Friday, hitting $146.45. The stock had a trading volume of 481,345 shares, compared to its average volume of 736,100. Jacobs Solutions has a twelve month low of $106.23 and a twelve month high of $152.40. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 1.99 and a beta of 0.79. The company's 50 day simple moving average is $140.50 and its 200 day simple moving average is $129.53. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39.

Jacobs Solutions (NYSE:J - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.06. Jacobs Solutions had a net margin of 4.16% and a return on equity of 17.13%. The business had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same period last year, the business posted $1.96 EPS. Jacobs Solutions's revenue was down 28.4% on a year-over-year basis. Jacobs Solutions has set its FY 2025 guidance at 6.000-6.100 EPS. On average, equities research analysts forecast that Jacobs Solutions will post 6.05 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Friday, August 22nd will be issued a $0.32 dividend. The ex-dividend date is Friday, August 22nd. This represents a $1.28 annualized dividend and a yield of 0.9%. Jacobs Solutions's payout ratio is presently 31.92%.

Institutional Investors Weigh In On Jacobs Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of J. Orion Porfolio Solutions LLC increased its position in shares of Jacobs Solutions by 8.8% during the second quarter. Orion Porfolio Solutions LLC now owns 11,620 shares of the company's stock worth $1,528,000 after acquiring an additional 937 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Jacobs Solutions by 3.4% during the second quarter. Thrivent Financial for Lutherans now owns 540,242 shares of the company's stock worth $71,012,000 after acquiring an additional 17,829 shares in the last quarter. Cim Investment Management Inc. increased its position in shares of Jacobs Solutions by 99.6% during the second quarter. Cim Investment Management Inc. now owns 12,704 shares of the company's stock worth $1,684,000 after acquiring an additional 6,340 shares in the last quarter. Clarion Wealth Managment Partners LLC bought a new stake in shares of Jacobs Solutions during the second quarter worth about $404,000. Finally, North Dallas Bank & Trust Co. bought a new stake in shares of Jacobs Solutions during the second quarter worth about $202,000. 85.65% of the stock is owned by institutional investors.

Jacobs Solutions Company Profile

Jacobs Solutions Inc provides consulting, technical, engineering, scientific, and project delivery services for the government and private sectors in the United States, Europe, Canada, India, Asia, Australia, New Zealand, the Middle East, and Africa. It operates through Critical Mission Solutions, People & Places Solutions, Divergent Solutions, and PA Consulting segments.