Vista Investment Partners LLC Invests $4.74 Million in Jabil, Inc. $JBL

Vista Investment Partners LLC acquired a new stake in shares of Jabil, Inc. (NYSE:JBL) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 20,787 shares of the technology company’s stock, valued at approximately $4,740,000. Jabil accounts for 1.2% of Vista Investment Partners LLC’s investment portfolio, making the stock its 28th largest position.

A number of other hedge funds also recently made changes to their positions in JBL. Arrowstreet Capital Limited Partnership boosted its position in shares of Jabil by 1,157.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,454,915 shares of the technology company’s stock valued at $315,964,000 after acquiring an additional 1,339,247 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in Jabil by 107.2% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company’s stock worth $286,594,000 after purchasing an additional 682,899 shares in the last quarter. Allianz Asset Management GmbH lifted its stake in Jabil by 180.1% during the third quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock worth $164,686,000 after purchasing an additional 487,595 shares during the period. Barclays PLC boosted its holdings in Jabil by 125.4% during the third quarter. Barclays PLC now owns 588,155 shares of the technology company’s stock valued at $127,730,000 after purchasing an additional 327,238 shares in the last quarter. Finally, Westfield Capital Management Co. LP bought a new stake in shares of Jabil in the 3rd quarter valued at approximately $57,799,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Analyst Ratings Changes

JBL has been the subject of several analyst reports. UBS Group raised their target price on Jabil from $244.00 to $254.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Barclays boosted their target price on shares of Jabil from $283.00 to $304.00 and gave the company an “overweight” rating in a research note on Wednesday, March 18th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 21st. Robert W. Baird boosted their price target on shares of Jabil from $275.00 to $281.00 and gave the company an “outperform” rating in a research report on Thursday, March 19th. Finally, Stifel Nicolaus upped their price objective on shares of Jabil from $255.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.25.

Insiders Place Their Bets

In other news, Chairman Mark T. Mondello sold 17,200 shares of Jabil stock in a transaction on Friday, January 16th. The stock was sold at an average price of $250.00, for a total value of $4,300,000.00. Following the completion of the sale, the chairman directly owned 1,111,459 shares of the company’s stock, valued at approximately $277,864,750. This trade represents a 1.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Anousheh Ansari sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $270.00, for a total value of $270,000.00. Following the transaction, the director directly owned 33,800 shares in the company, valued at $9,126,000. This trade represents a 2.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 80,018 shares of company stock valued at $19,545,381 over the last quarter. Company insiders own 1.35% of the company’s stock.

Jabil Stock Performance

Shares of NYSE:JBL opened at $272.25 on Thursday. The business has a fifty day moving average of $256.42 and a 200-day moving average of $231.56. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $283.76. The firm has a market cap of $28.75 billion, a PE ratio of 36.54, a price-to-earnings-growth ratio of 1.38 and a beta of 1.22.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.51 by $0.18. The business had revenue of $8.28 billion for the quarter, compared to the consensus estimate of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The firm’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.94 EPS. On average, equities research analysts predict that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, February 17th. Jabil’s dividend payout ratio is 4.30%.

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.