Milestone Asset Management LLC Makes New Investment in Jabil, Inc. $JBL

Milestone Asset Management LLC bought a new stake in Jabil, Inc. (NYSE:JBLFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,987 shares of the technology company’s stock, valued at approximately $1,735,000.

A number of other hedge funds also recently modified their holdings of JBL. Compound Planning Inc. acquired a new position in shares of Jabil in the 1st quarter valued at approximately $210,000. AlphaQuest LLC boosted its holdings in shares of Jabil by 177.2% in the first quarter. AlphaQuest LLC now owns 1,813 shares of the technology company’s stock valued at $247,000 after buying an additional 1,159 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Jabil by 2.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 11,212 shares of the technology company’s stock worth $1,526,000 after acquiring an additional 217 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of Jabil by 59.8% during the first quarter. MetLife Investment Management LLC now owns 48,287 shares of the technology company’s stock worth $6,570,000 after acquiring an additional 18,065 shares during the period. Finally, Comerica Bank lifted its position in Jabil by 104.5% in the 1st quarter. Comerica Bank now owns 45,885 shares of the technology company’s stock valued at $6,244,000 after acquiring an additional 23,447 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Buying and Selling

In related news, SVP May Yee Yap sold 8,858 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $225.03, for a total value of $1,993,315.74. Following the completion of the sale, the senior vice president directly owned 25,421 shares in the company, valued at approximately $5,720,487.63. This trade represents a 25.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Mark T. Mondello sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $225.32, for a total value of $11,266,000.00. Following the transaction, the chairman directly owned 1,171,459 shares in the company, valued at approximately $263,953,141.88. This trade represents a 4.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 205,273 shares of company stock worth $44,684,355 in the last 90 days. 1.35% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on JBL shares. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. Barclays boosted their target price on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a research report on Thursday, December 18th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $255.00 price target on shares of Jabil in a research note on Thursday, December 18th. One equities research 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $261.29.

Get Our Latest Stock Analysis on Jabil

Jabil Stock Down 0.3%

JBL stock opened at $234.41 on Thursday. The company has a market cap of $25.04 billion, a price-to-earnings ratio of 36.46, a P/E/G ratio of 1.50 and a beta of 1.26. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $237.14. The business has a 50 day moving average price of $213.60 and a two-hundred day moving average price of $213.01. The company has a quick ratio of 0.67, a current ratio of 0.99 and a debt-to-equity ratio of 1.77.

Jabil (NYSE:JBLGet Free Report) last released its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, beating the consensus estimate of $2.70 by $0.15. The company had revenue of $8.31 billion during the quarter, compared to the consensus estimate of $8.07 billion. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.00 EPS. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. Analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th were paid a dividend of $0.08 per share. The ex-dividend date was Monday, November 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s payout ratio is currently 4.98%.

Jabil Profile

(Free Report)

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.

Read More

Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBLFree Report).

Institutional Ownership by Quarter for Jabil (NYSE:JBL)

Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.