Ellevest Inc. Lowers Stake in Jabil, Inc. $JBL

Ellevest Inc. lowered its stake in shares of Jabil, Inc. (NYSE:JBL) by 8.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,041 shares of the technology company’s stock after selling 280 shares during the quarter. Ellevest Inc.’s holdings in Jabil were worth $663,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC raised its position in Jabil by 1.2% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock worth $899,000 after purchasing an additional 48 shares during the period. Assetmark Inc. raised its position in Jabil by 45.8% in the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after purchasing an additional 49 shares during the period. Hantz Financial Services Inc. raised its position in Jabil by 45.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after purchasing an additional 59 shares during the period. Mather Group LLC. raised its position in Jabil by 5.4% in the 2nd quarter. Mather Group LLC. now owns 1,186 shares of the technology company’s stock worth $259,000 after purchasing an additional 61 shares during the period. Finally, UMB Bank n.a. raised its position in Jabil by 2.9% in the 2nd quarter. UMB Bank n.a. now owns 2,191 shares of the technology company’s stock worth $478,000 after purchasing an additional 62 shares during the period. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Wall Street Analysts Forecast Growth

JBL has been the topic of a number of analyst reports. Bank of America lifted their target price on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. UBS Group set a $241.00 target price on shares of Jabil in a research report on Sunday, September 28th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Barclays lifted their target price on shares of Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research report on Friday, September 26th. Finally, Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $248.43.

Jabil Price Performance

JBL stock opened at $218.17 on Thursday. The firm’s 50-day moving average price is $211.54 and its two-hundred day moving average price is $199.41. Jabil, Inc. has a 12-month low of $108.66 and a 12-month high of $237.14. The stock has a market capitalization of $23.31 billion, a price-to-earnings ratio of 36.61, a PEG ratio of 1.58 and a beta of 1.26. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57.

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

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. Jabil’s payout ratio is presently 5.37%.

Insider Activity

In other news, SVP May Yee Yap sold 8,858 shares of Jabil stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $225.03, for a total transaction of $1,993,315.74. Following the sale, the senior vice president owned 25,421 shares of the company’s stock, valued at approximately $5,720,487.63. The trade was a 25.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Mark T. Mondello sold 20,000 shares of Jabil stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $220.83, for a total transaction of $4,416,600.00. Following the sale, the chairman directly owned 1,228,359 shares in the company, valued at $271,258,517.97. The trade was a 1.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 131,762 shares of company stock worth $27,886,321. 1.73% of the stock is owned by company insiders.

Jabil Company Profile

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).