State of Wisconsin Investment Board raised its position in Jacobs Engineering Group Inc. (NYSE:JEC) by 166.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 280,229 shares of the construction company’s stock after buying an additional 174,874 shares during the period. State of Wisconsin Investment Board owned 0.23% of Jacobs Engineering Group worth $16,329,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in JEC. Fox Run Management L.L.C. boosted its position in Jacobs Engineering Group by 13.2% in the second quarter. Fox Run Management L.L.C. now owns 6,000 shares of the construction company’s stock valued at $326,000 after buying an additional 700 shares in the last quarter. Bank of Montreal Can boosted its position in Jacobs Engineering Group by 23.6% in the second quarter. Bank of Montreal Can now owns 96,988 shares of the construction company’s stock valued at $5,276,000 after buying an additional 18,509 shares in the last quarter. Meeder Asset Management Inc. boosted its position in Jacobs Engineering Group by 0.6% in the second quarter. Meeder Asset Management Inc. now owns 13,488 shares of the construction company’s stock valued at $733,000 after buying an additional 75 shares in the last quarter. Mn Services Vermogensbeheer B.V. boosted its position in Jacobs Engineering Group by 509.2% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 19,653 shares of the construction company’s stock valued at $1,069,000 after buying an additional 16,427 shares in the last quarter. Finally, Norway Savings Bank boosted its position in Jacobs Engineering Group by 2.9% in the second quarter. Norway Savings Bank now owns 6,890 shares of the construction company’s stock valued at $375,000 after buying an additional 195 shares in the last quarter. Hedge funds and other institutional investors own 83.33% of the company’s stock.

JEC has been the topic of a number of recent analyst reports. Robert W. Baird restated a “hold” rating and issued a $63.00 price target on shares of Jacobs Engineering Group in a research report on Friday, October 6th. BidaskClub upgraded shares of Jacobs Engineering Group from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Zacks Investment Research upgraded shares of Jacobs Engineering Group from a “hold” rating to a “strong-buy” rating and set a $67.00 target price on the stock in a research report on Tuesday, October 17th. Citigroup Inc. lowered shares of Jacobs Engineering Group from a “buy” rating to a “neutral” rating and set a $62.00 target price on the stock. in a research report on Thursday, August 3rd. Finally, KeyCorp reiterated a “buy” rating and set a $60.00 target price on shares of Jacobs Engineering Group in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, six have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $62.56.

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Shares of Jacobs Engineering Group Inc. (NYSE JEC) opened at $60.03 on Monday. Jacobs Engineering Group Inc. has a 12 month low of $49.31 and a 12 month high of $63.42. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.07. The company has a market cap of $7,222.52, a P/E ratio of 19.88, a price-to-earnings-growth ratio of 1.72 and a beta of 1.51.

The company also recently announced a quarterly dividend, which was paid on Friday, November 10th. Shareholders of record on Friday, October 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend was Thursday, October 12th. Jacobs Engineering Group’s payout ratio is presently 31.75%.

Jacobs Engineering Group Company Profile

Jacobs Engineering Group Inc is a technical professional services company. The Company provides a range of technical, professional and construction services to industrial, commercial and governmental clients. The Company’s services include Project Services; Process, Scientific, and Systems Consulting Services; Construction Services, and Operations and Maintenance Services.

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Institutional Ownership by Quarter for Jacobs Engineering Group (NYSE:JEC)

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