How Analysts Feel About Jacobs Engineering Group Inc (NYSE:JEC) After Decrease in Sellers?

Jacobs Engineering Group Inc. (NYSE:JEC) Logo

Investors sentiment increased to 0.97 in Q2 2019. Its up 0.22, from 0.75 in 2019Q1. It increased, as 29 investors sold Jacobs Engineering Group Inc. shares while 160 reduced holdings. 54 funds opened positions while 130 raised stakes. 113.75 million shares or 4.04% less from 118.53 million shares in 2019Q1 were reported.
Sg Americas Ltd accumulated 53,567 shares or 0.03% of the stock. Stonebridge Capital Advsr Ltd Liability reported 0% stake. First Personal Fincl Service holds 1,250 shares. Oppenheimer Asset Management holds 31,085 shares. Aqr Capital Limited Liability Corp, Connecticut-based fund reported 101,344 shares. Sfmg Limited stated it has 0.13% in Jacobs Engineering Group Inc. (NYSE:JEC). The New York-based Oppenheimer Incorporated has invested 0.1% in Jacobs Engineering Group Inc. (NYSE:JEC). Sit Invest Assocs Incorporated reported 138,175 shares or 0.36% of all its holdings. Assetmark invested in 829 shares. Commerce Bancorp has 8,582 shares. Rice Hall James Limited Liability Company invested in 8,290 shares. Investec Asset North America owns 0.13% invested in Jacobs Engineering Group Inc. (NYSE:JEC) for 17,702 shares. Blair William & Il holds 9,606 shares or 0% of its portfolio. American Century Inc reported 0.09% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC). Brown Advisory Securities Ltd Liability has 0.2% invested in Jacobs Engineering Group Inc. (NYSE:JEC) for 8,679 shares.

The stock of Jacobs Engineering Group Inc (NYSE:JEC) registered a decrease of 7.68% in short interest. JEC’s total short interest was 3.64 million shares in September as published by FINRA. Its down 7.68% from 3.94 million shares, reported previously. With 959,400 shares average volume, it will take short sellers 4 days to cover their JEC’s short positions.

The stock increased 0.92% or $0.83 during the last trading session, reaching $91.21. About 989,610 shares traded or 2.34% up from the average. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 23.19% since September 13, 2018 and is uptrending. It has outperformed by 23.19% the S&P500.

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The company has market cap of $12.36 billion. 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. It has a 19.29 P/E ratio. The firm also provides process, scientific, and systems consulting services, including performing pricing studies, market analyses, and financial projections in determining the feasibility of a project; performing gasoline reformulation modeling; analyzing and evaluating layout and mechanical creates for complex processing plants; analyzing automation and control systems; analyzing, designing, and executing bio containment strategies; developing and performing process protocols; and performing geological and metallurgical studies.

Jacobs Engineering Group Inc. (NYSE:JEC) Ratings Coverage

Among 5 analysts covering Jacobs Engineering (NYSE:JEC), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Jacobs Engineering has $10000 highest and $8500 lowest target. $92’s average target is 0.87% above currents $91.21 stock price. Jacobs Engineering had 9 analyst reports since March 19, 2019 according to SRatingsIntel. The stock has “Overweight” rating by KeyBanc Capital Markets on Wednesday, May 8. The rating was maintained by Credit Suisse on Tuesday, August 6 with “Outperform”. The company was maintained on Thursday, August 22 by Bank of America. M Partners maintained Jacobs Engineering Group Inc. (NYSE:JEC) on Tuesday, March 19 with “Buy” rating. The stock has “Overweight” rating by Barclays Capital on Tuesday, April 30. The firm has “Overweight” rating given on Tuesday, July 23 by KeyBanc Capital Markets.

More notable recent Jacobs Engineering Group Inc. (NYSE:JEC) news were published by: Finance.Yahoo.com which released: “Have Insiders Been Buying Jacobs Engineering Group Inc. (NYSE:JEC) Shares This Year? – Yahoo Finance” on April 30, 2019, also Prnewswire.com with their article: “Jacobs Completes New State-Of-The-Art Filtration Plant for PUB in Singapore – PRNewswire” published on August 28, 2019, Finance.Yahoo.com published: “A Closer Look At Jacobs Engineering Group Inc.’s (NYSE:JEC) Uninspiring ROE – Yahoo Finance” on September 13, 2019. More interesting news about Jacobs Engineering Group Inc. (NYSE:JEC) were released by: Finance.Yahoo.com and their article: “Is Jacobs Engineering Group Inc. (NYSE:JEC) Better Than Average At Deploying Capital? – Yahoo Finance” published on August 26, 2019 as well as Finance.Yahoo.com‘s news article titled: “The Jacobs Engineering Group (NYSE:JEC) Share Price Has Gained 52% And Shareholders Are Hoping For More – Yahoo Finance” with publication date: June 06, 2019.

Jacobs Engineering Group Inc. (NYSE:JEC) Institutional Positions Chart

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