Steve Cohen’s hedge fund, SAC Capital, has disclosed a 5.0% stake in the total outstanding common shares of The Shaw Group (NYSE: SHAW). This is an increased position from its 13F filing ending March 31, 2012. Shaw is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2011 annual revenues of $5.9 billion, Shaw has approximately 27,000 employees around the world and is a power sector industry leader according to Engineering News-Record’s list of Top 500 Design Firm.

Disclosure: I do not have a position in any stocks mentioned in this article, do not have a plan to initiate a position within the next 72 hours.

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