Orion Porfolio Solutions LLC raised its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 43.1% in the third quarter, Holdings Channel reports. The fund owned 14,775 shares of the technology company’s stock after buying an additional 4,448 shares during the period. Orion Porfolio Solutions LLC’s holdings in Jabil were worth $3,209,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of the business. True Wealth Design LLC boosted its stake in Jabil by 250.0% during the third quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock worth $30,000 after buying an additional 100 shares during the last quarter. First Horizon Corp acquired a new stake in shares of Jabil in the 3rd quarter worth $30,000. Traub Capital Management LLC purchased a new position in shares of Jabil during the 2nd quarter worth $33,000. Assetmark Inc. boosted 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 valued at $34,000 after acquiring an additional 49 shares during the last quarter. Finally, Rothschild Investment LLC boosted its position in shares of Jabil by 51.1% during the 3rd quarter. Rothschild Investment LLC now owns 213 shares of the technology company’s stock valued at $46,000 after acquiring an additional 72 shares during the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Jabil
In other Jabil news, Chairman Mark T. Mondello sold 50,000 shares of the stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $225.32, for a total transaction of $11,266,000.00. Following the sale, the chairman directly owned 1,171,459 shares in the company, valued at $263,953,141.88. This represents a 4.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Steven D. Borges sold 10,000 shares of Jabil stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $235.00, for a total value of $2,350,000.00. Following the completion of the transaction, the executive vice president owned 90,524 shares of the company’s stock, valued at approximately $21,273,140. This trade represents a 9.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 161,529 shares of company stock valued at $37,901,485. Corporate insiders own 1.35% of the company’s stock.
Jabil Trading Up 2.5%
Jabil (NYSE:JBL – Get Free Report) last issued its quarterly earnings data on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.70 by $0.15. The firm had revenue of $8.31 billion for the quarter, compared to analyst estimates of $8.07 billion. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, analysts predict that Jabil, Inc. will post 8.05 EPS for the current year.
Jabil Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, February 17th. Jabil’s dividend payout ratio is 4.98%.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on JBL shares. Bank of America set a $265.00 price objective on shares of Jabil in a research report on Thursday, December 18th. UBS Group increased their price target on shares of Jabil from $239.00 to $244.00 and gave the company a “neutral” rating in a research note on Thursday, December 18th. JPMorgan Chase & Co. raised their price target on shares of Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Friday, January 9th. Finally, Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $264.14.
Get Our Latest Stock Analysis on Jabil
About Jabil
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.
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