PBU The Pension Fund of Early Childhood & Youth Educators Takes $11.04 Million Position in Jabil, Inc. $JBL

PBU The Pension Fund of Early Childhood & Youth Educators purchased a new stake in shares of Jabil, Inc. (NYSE:JBL) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 48,409 shares of the technology company’s stock, valued at approximately $11,038,000.

A number of other hedge funds also recently bought and sold shares of JBL. Westfield Capital Management Co. LP acquired a new position in Jabil during the 3rd quarter worth approximately $57,799,000. Envestnet Asset Management Inc. increased its position in shares of Jabil by 9.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 311,883 shares of the technology company’s stock valued at $67,732,000 after purchasing an additional 25,932 shares during the last quarter. Jackson Creek Investment Advisors LLC increased its position in shares of Jabil by 386.2% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after purchasing an additional 8,968 shares during the last quarter. Todd Asset Management LLC increased its position in shares of Jabil by 1.9% in the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after purchasing an additional 6,179 shares during the last quarter. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Jabil in the 4th quarter valued at approximately $7,061,000. Institutional investors own 93.39% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Andrew Priestley sold 3,169 shares of Jabil stock in a transaction on Monday, April 20th. The shares were sold at an average price of $330.00, for a total value of $1,045,770.00. Following the completion of the sale, the executive vice president owned 57,098 shares in the company, valued at approximately $18,842,340. The trade was a 5.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Steven D. Borges sold 5,126 shares of Jabil stock in a transaction on Friday, April 17th. The stock was sold at an average price of $317.51, for a total transaction of $1,627,556.26. Following the completion of the sale, the executive vice president owned 71,398 shares of the company’s stock, valued at approximately $22,669,578.98. This trade represents a 6.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 37,981 shares of company stock valued at $11,360,740. 1.35% of the stock is owned by insiders.

Jabil Stock Performance

Shares of NYSE JBL opened at $353.05 on Friday. The company has a market cap of $37.25 billion, a PE ratio of 47.39, a price-to-earnings-growth ratio of 1.94 and a beta of 1.28. Jabil, Inc. has a 12 month low of $174.00 and a 12 month high of $384.70. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.01 and a quick ratio of 0.68. The company has a 50-day simple moving average of $328.74 and a 200-day simple moving average of $270.56.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The firm had revenue of $8.28 billion for the quarter, compared to analysts’ expectations of $7.75 billion. During the same period in the previous year, the company posted $1.94 earnings per share. Jabil’s revenue was up 23.1% compared to the same quarter last year. On average, equities analysts anticipate that Jabil, Inc. will post 11.3 earnings per share for the current year.

Jabil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 15th. Jabil’s payout ratio is presently 4.30%.

Analyst Ratings Changes

JBL has been the topic of a number of recent analyst reports. Barclays increased their price objective on shares of Jabil from $283.00 to $304.00 and gave the company an “overweight” rating in a research report on Wednesday, March 18th. Wall Street Zen downgraded shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. UBS Group upped their target price on shares of Jabil from $244.00 to $254.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Robert W. Baird upped their target price on shares of Jabil from $275.00 to $281.00 and gave the company an “outperform” rating in a report on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Jabil currently has an average rating of “Moderate Buy” and a consensus price target of $303.38.

Jabil Profile

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.