Its possible but according to my guide it will rub. To run this size correctly you really need at least a 7.5" wide wheel, ideally an 8. Your stock wheels are only 7" wide. Also this tire is about 2.3" taller and 1.6" wider than the stock 245/75R16. I'd recommend a 265/75R16.
Here's a tire size calculator to estimate the size differences
Tire size Calculator.
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