Sagespring Wealth Partners LLC Acquires Shares of 1,138 Jabil, Inc. $JBL

Sagespring Wealth Partners LLC acquired a new stake in Jabil, Inc. (NYSE:JBL) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 1,138 shares of the technology company’s stock, valued at approximately $248,000.

Other institutional investors have also recently bought and sold shares of the company. GFG Capital LLC bought a new position in Jabil in the 2nd quarter valued at $26,000. Creative Financial Designs Inc. ADV bought a new position in Jabil in the 1st quarter valued at $27,000. Groupe la Francaise raised its position in Jabil by 35.2% in the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after purchasing an additional 64 shares during the last quarter. Financial Management Professionals Inc. raised its position in Jabil by 58.1% in the 2nd quarter. Financial Management Professionals Inc. now owns 264 shares of the technology company’s stock valued at $58,000 after purchasing an additional 97 shares during the last quarter. Finally, Golden State Wealth Management LLC raised its position in Jabil by 2,400.0% in the 1st quarter. Golden State Wealth Management LLC now owns 275 shares of the technology company’s stock valued at $37,000 after purchasing an additional 264 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.

Insiders Place Their Bets

In other Jabil news, Director Steven A. Raymund sold 13,432 shares of the business’s stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $223.11, for a total value of $2,996,813.52. Following the completion of the transaction, the director directly owned 86,396 shares of the company’s stock, valued at approximately $19,275,811.56. The trade was a 13.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Mark T. Mondello sold 20,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $214.84, for a total value of $4,296,800.00. Following the completion of the transaction, the chairman directly owned 1,380,190 shares of the company’s stock, valued at approximately $296,520,019.60. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 85,416 shares of company stock valued at $18,367,889 in the last three months. Insiders own 1.73% of the company’s stock.

Jabil Stock Down 0.4%

Shares of Jabil stock opened at $208.96 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $237.14. The business has a fifty day simple moving average of $211.71 and a 200 day simple moving average of $191.45. The stock has a market cap of $22.43 billion, a PE ratio of 35.06, a price-to-earnings-growth ratio of 1.49 and a beta of 1.26.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company had revenue of $8.30 billion for the quarter, compared to analyst estimates of $7.63 billion. During the same period last year, the firm earned $2.30 earnings per share. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Research analysts predict that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, November 17th. Jabil’s payout ratio is presently 5.37%.

Wall Street Analyst Weigh In

JBL has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on Jabil from $214.00 to $256.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Stifel Nicolaus initiated coverage on Jabil in a research report on Wednesday, July 2nd. They set a “buy” rating and a $245.00 target price for the company. Raymond James Financial set a $260.00 target price on Jabil in a research report on Thursday, September 25th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Finally, Bank of America boosted their target price on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $248.43.

About Jabil

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).