Expressive Wealth LLC Takes $379,000 Position in Jabil, Inc. $JBL

Expressive Wealth LLC bought a new stake in shares of Jabil, Inc. (NYSE:JBL) during the 4th quarter, HoldingsChannel reports. The firm bought 1,660 shares of the technology company’s stock, valued at approximately $379,000.

Several other hedge funds have also modified their holdings of JBL. Veracity Capital LLC raised its holdings in shares of Jabil by 4,144.3% during the 4th quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock valued at $31,000 after buying an additional 3,647 shares during the period. Leonteq Securities AG purchased a new stake in shares of Jabil during the 4th quarter valued at about $42,000. Banque Cantonale Vaudoise purchased a new stake in shares of Jabil during the 3rd quarter valued at about $43,000. Rothschild Investment LLC raised its holdings 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 buying an additional 72 shares during the period. Finally, Caitlin John LLC purchased a new stake in shares of Jabil during the 3rd quarter valued at about $47,000. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on JBL shares. Bank of America raised their target price on Jabil from $295.00 to $354.00 and gave the company a “buy” rating in a report on Monday, April 20th. Robert W. Baird raised their target price on Jabil from $275.00 to $281.00 and gave the company an “outperform” rating in a report on Thursday, March 19th. Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 11th. The Goldman Sachs Group raised their target price on Jabil from $336.00 to $384.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. lifted their price objective on Jabil from $270.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $303.38.

Jabil Price Performance

JBL stock opened at $380.61 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 1.01 and a debt-to-equity ratio of 2.50. Jabil, Inc. has a 52-week low of $164.69 and a 52-week high of $381.38. The stock’s 50 day moving average is $312.48 and its two-hundred day moving average is $262.18. The company has a market capitalization of $40.15 billion, a PE ratio of 51.09, a P/E/G ratio of 1.89 and a beta of 1.29.

Jabil (NYSE:JBL) last posted its quarterly earnings data 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. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The company had revenue of $8.28 billion for the quarter, compared to the consensus estimate of $7.75 billion. During the same period in the previous year, the business earned $1.94 EPS. Jabil’s revenue for the quarter was up 23.1% compared to the same quarter last year. Analysts predict that Jabil, Inc. will post 11.3 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, May 15th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s payout ratio is currently 4.30%.

Insider Activity at Jabil

In other Jabil news, EVP Andrew Priestley sold 3,169 shares of Jabil stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $330.00, for a total transaction of $1,045,770.00. Following the sale, the executive vice president directly owned 57,098 shares in the company, valued at $18,842,340. The trade was a 5.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Anousheh Ansari sold 2,000 shares of Jabil stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $300.00, for a total value of $600,000.00. Following the completion of the transaction, the director owned 31,800 shares of the company’s stock, valued at approximately $9,540,000. The trade was a 5.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 37,981 shares of company stock worth $11,360,740 over the last ninety days. Company insiders own 1.35% of the company’s stock.

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.