Jacobs Engineering Group Inc (NYSE:JEC) was the recipient of unusually large options trading on Thursday. Investors acquired 1,441 call options on the company. This is an increase of approximately 1,247% compared to the average volume of 107 call options.

JEC opened at $73.84 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.39. The firm has a market cap of $10.31 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 1.27 and a beta of 1.55. Jacobs Engineering Group has a one year low of $53.85 and a one year high of $74.00.

Jacobs Engineering Group (NYSE:JEC) last posted its earnings results on Monday, August 6th. The construction company reported $1.35 EPS for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.14. The company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4 billion. Jacobs Engineering Group had a return on equity of 9.83% and a net margin of 2.19%. Jacobs Engineering Group’s quarterly revenue was up 65.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 earnings per share. equities analysts anticipate that Jacobs Engineering Group will post 4.38 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, August 31st. Shareholders of record on Friday, August 3rd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, August 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.81%. Jacobs Engineering Group’s payout ratio is 18.52%.

A number of research analysts recently weighed in on JEC shares. Bank of America upped their price objective on Jacobs Engineering Group from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, August 7th. UBS Group upped their price objective on Jacobs Engineering Group from $83.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, August 7th. Citigroup upped their price objective on Jacobs Engineering Group from $69.00 to $70.00 and gave the stock a “$66.12” rating in a report on Monday, July 23rd. Jefferies Financial Group reaffirmed a “hold” rating and set a $74.00 price objective on shares of Jacobs Engineering Group in a report on Tuesday, August 7th. Finally, Robert W. Baird reiterated an “outperform” rating and set a $82.00 target price (up from $73.00) on shares of Jacobs Engineering Group in a research report on Monday, August 6th. Two equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $79.85.

Several large investors have recently modified their holdings of JEC. Select Equity Group L.P. lifted its position in shares of Jacobs Engineering Group by 144.4% in the first quarter. Select Equity Group L.P. now owns 1,520,317 shares of the construction company’s stock valued at $89,927,000 after acquiring an additional 898,140 shares in the last quarter. Point72 Asset Management L.P. lifted its position in shares of Jacobs Engineering Group by 658.9% in the second quarter. Point72 Asset Management L.P. now owns 710,289 shares of the construction company’s stock valued at $45,096,000 after acquiring an additional 616,689 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Jacobs Engineering Group in the second quarter valued at $38,937,000. Epoch Investment Partners Inc. lifted its position in shares of Jacobs Engineering Group by 66.5% in the first quarter. Epoch Investment Partners Inc. now owns 1,518,212 shares of the construction company’s stock valued at $89,803,000 after acquiring an additional 606,335 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Jacobs Engineering Group by 66.1% in the second quarter. Millennium Management LLC now owns 1,332,939 shares of the construction company’s stock valued at $84,628,000 after acquiring an additional 530,536 shares in the last quarter. Institutional investors and hedge funds own 86.45% of the company’s stock.

Jacobs Engineering Group Company Profile

Jacobs Engineering Group Inc provides technical, professional, and construction services. It offers project services that include engineering, architectural, interiors, design, planning, and related services, as well as planning, scheduling, procurement, estimating, cost engineering, project accounting and delivery, safety, and other support services.

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