Trek Financial LLC purchased a new stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 15,477 shares of the technology company’s stock, valued at approximately $3,376,000.
Other large investors have also recently added to or reduced their stakes in the company. GFG Capital LLC acquired a new stake in Jabil during the second quarter worth $26,000. Traub Capital Management LLC purchased a new position in shares of Jabil during the 2nd quarter worth $33,000. Groupe la Francaise grew its holdings in shares of Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after purchasing an additional 64 shares during the period. Assetmark Inc. increased its position in shares of Jabil by 45.8% during 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 last quarter. Finally, Westside Investment Management Inc. raised its holdings in Jabil by 757.1% in the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after buying an additional 159 shares during the period. 93.39% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
JBL has been the subject of several research analyst reports. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Raymond James Financial set a $260.00 price objective on shares of Jabil in a research report on Thursday, September 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Barclays upped their price target on Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research note on Friday, September 26th. Finally, Bank of America lifted their price objective on Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $248.43.
Jabil Stock Up 1.0%
Jabil stock opened at $212.00 on Wednesday. The firm has a market capitalization of $22.65 billion, a P/E ratio of 35.57, a P/E/G 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, Inc. has a twelve month low of $108.66 and a twelve month high of $237.14. The stock’s fifty day simple moving average is $208.58 and its 200-day simple moving average is $207.09.
Jabil (NYSE:JBL – Get Free Report) last released its earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.37. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm had revenue of $8.25 billion during the quarter, compared to analyst estimates of $7.63 billion. During the same period last year, the business posted $2.30 earnings per share. 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 and its FY 2026 guidance at 11.000-11.000 EPS. As a group, equities analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.
Jabil Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, November 17th. Jabil’s dividend payout ratio is presently 5.37%.
Insider Activity
In other Jabil news, SVP Francis Mckay sold 2,526 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $224.47, for a total transaction of $567,011.22. Following the completion of the transaction, the senior vice president owned 40,963 shares in the company, valued at $9,194,964.61. The trade was a 5.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP May Yee Yap sold 8,858 shares of the firm’s stock in a transaction on 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 completion of the sale, the senior vice president owned 25,421 shares in the company, valued at $5,720,487.63. The trade was a 25.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 111,762 shares of company stock valued at $23,885,921. 1.73% of the stock is owned by corporate insiders.
Jabil 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).
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