Jacobs Solutions (NYSE:J) Cut to Hold at Wall Street Zen

Key Points

• Wall Street Zen downgraded Jacobs Solutions from buy to hold, adding to a mixed analyst picture for the stock.
• The company recently reported better-than-expected quarterly results, with EPS and revenue both topping estimates and revenue rising 8.9% year over year.
• Jacobs Solutions is trading near its 52-week low, and while analyst sentiment remains split, MarketBeat shows an average rating of Moderate Buy with a price target of $153.40.

Jacobs Solutions (NYSE:J - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday.

Several other research analysts have also recently commented on J. Citigroup raised their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the stock a "buy" rating in a report on Wednesday. Zacks Research upgraded shares of Jacobs Solutions from a "strong sell" rating to a "hold" rating in a report on Thursday, February 5th. KeyCorp decreased their target price on shares of Jacobs Solutions from $154.00 to $150.00 and set an "overweight" rating for the company in a report on Wednesday. Royal Bank Of Canada raised their target price on shares of Jacobs Solutions from $160.00 to $169.00 and gave the stock an "outperform" rating in a report on Wednesday. Finally, Weiss Ratings cut shares of Jacobs Solutions from a "hold (c)" rating to a "hold (c-)" rating in a report on Wednesday. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Jacobs Solutions currently has an average rating of "Moderate Buy" and an average price target of $153.40.

Jacobs Solutions Stock Performance

Shares of J opened at $118.48 on Friday. The firm's 50 day moving average is $129.64 and its 200-day moving average is $137.46. The stock has a market capitalization of $13.99 billion, a P/E ratio of 36.79, a P/E/G ratio of 1.20 and a beta of 0.73. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.43 and a quick ratio of 1.33. Jacobs Solutions has a 12-month low of $118.38 and a 12-month high of $168.44.

Jacobs Solutions (NYSE:J - Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a net margin of 2.92% and a return on equity of 22.29%. The company had revenue of $2.33 billion during the quarter, compared to analysts' expectations of $2.28 billion. During the same period last year, the company posted $1.43 earnings per share. The business's revenue for the quarter was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Equities research analysts anticipate that Jacobs Solutions will post 7.18 EPS for the current fiscal year.

Insider Activity at Jacobs Solutions

In related news, President Shannon Miller sold 1,440 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The shares were 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 approximately $3,399,390.72. This trade represents a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.48% of the company's stock.

Institutional Trading of Jacobs Solutions

Institutional investors have recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC acquired a new stake in shares of Jacobs Solutions during the third quarter worth approximately $27,000. Geneos Wealth Management Inc. boosted its holdings in shares of Jacobs Solutions by 65.4% during the third quarter. Geneos Wealth Management Inc. now owns 220 shares of the company's stock worth $33,000 after purchasing an additional 87 shares during the period. Wealth Watch Advisors INC acquired a new stake in shares of Jacobs Solutions during the third quarter worth approximately $33,000. Godsey & Gibb Inc. boosted its holdings in shares of Jacobs Solutions by 121.0% during the third quarter. Godsey & Gibb Inc. now owns 221 shares of the company's stock worth $33,000 after purchasing an additional 121 shares during the period. Finally, First Horizon Corp acquired a new stake in shares of Jacobs Solutions during the third quarter worth approximately $34,000. 85.65% of the stock is currently owned by institutional investors and hedge funds.

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.

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