Janus Henderson Group PLC raised its position in Jacobs Engineering Group Inc (NYSE:JEC) by 17.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,102 shares of the construction company’s stock after purchasing an additional 5,885 shares during the quarter. Janus Henderson Group PLC’s holdings in Jacobs Engineering Group were worth $2,278,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of JEC. Vanguard Group Inc. lifted its holdings in shares of Jacobs Engineering Group by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 11,936,467 shares of the construction company’s stock worth $649,225,000 after acquiring an additional 150,333 shares during the last quarter. Ruane Cunniff & Goldfarb Inc. lifted its holdings in shares of Jacobs Engineering Group by 9.4% in the 3rd quarter. Ruane Cunniff & Goldfarb Inc. now owns 5,692,656 shares of the construction company’s stock worth $331,711,000 after acquiring an additional 487,089 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Jacobs Engineering Group by 68.7% in the 3rd quarter. Wells Fargo & Company MN now owns 4,012,084 shares of the construction company’s stock worth $233,784,000 after acquiring an additional 1,634,127 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Jacobs Engineering Group by 0.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,191,405 shares of the construction company’s stock worth $185,962,000 after acquiring an additional 19,954 shares during the last quarter. Finally, FIL Ltd lifted its holdings in shares of Jacobs Engineering Group by 7.8% in the 2nd quarter. FIL Ltd now owns 2,239,124 shares of the construction company’s stock worth $121,786,000 after acquiring an additional 162,167 shares during the last quarter. Institutional investors own 84.59% of the company’s stock.

Shares of Jacobs Engineering Group Inc (JEC) opened at $65.96 on Friday. Jacobs Engineering Group Inc has a 52-week low of $49.31 and a 52-week high of $69.35. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market cap of $7,949.57, a P/E ratio of 20.42, a price-to-earnings-growth ratio of 1.43 and a beta of 1.56.

Jacobs Engineering Group (NYSE:JEC) last announced its quarterly earnings data on Tuesday, November 21st. The construction company reported $0.98 EPS for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.16. Jacobs Engineering Group had a net margin of 2.93% and a return on equity of 9.18%. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.58 billion. During the same period in the prior year, the firm posted $0.77 EPS. The company’s quarterly revenue was up .5% compared to the same quarter last year. equities research analysts anticipate that Jacobs Engineering Group Inc will post 3.44 earnings per share for the current year.

JEC has been the topic of a number of research reports. Robert W. Baird reiterated a “hold” rating and set a $63.00 target price on shares of Jacobs Engineering Group in a report on Friday, October 6th. 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 report on Tuesday, October 17th. Citigroup set a $64.00 target price on shares of Jacobs Engineering Group and gave the stock a “hold” rating in a report on Friday, October 27th. ValuEngine lowered shares of Jacobs Engineering Group from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Finally, DA Davidson reiterated a “hold” rating and set a $68.00 target price on shares of Jacobs Engineering Group in a report on Wednesday, November 22nd. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $68.20.

In related news, Director Joseph R. Bronson sold 6,125 shares of the stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $63.01, for a total value of $385,936.25. Following the transaction, the director now directly owns 30,496 shares of the company’s stock, valued at approximately $1,921,552.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.74% of the company’s stock.

WARNING: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another site, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/12/31/jacobs-engineering-group-inc-jec-holdings-boosted-by-janus-henderson-group-plc.html.

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.

Want to see what other hedge funds are holding JEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jacobs Engineering Group Inc (NYSE:JEC).

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

Receive News & Ratings for Jacobs Engineering Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jacobs Engineering Group and related companies with MarketBeat.com's FREE daily email newsletter.