Jabil, Inc. $JBL Stake Boosted by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC boosted its holdings in shares of Jabil, Inc. (NYSE:JBL) by 118.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 5,443 shares of the technology company’s stock after acquiring an additional 2,955 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Jabil were worth $1,561,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Jabil during the 2nd quarter worth approximately $3,905,704,000. Primecap Management Co. CA bought a new stake in Jabil in the 2nd quarter valued at $1,220,861,000. Bank of America Corp DE acquired a new stake in shares of Jabil during the 2nd quarter worth about $447,882,000. Bank of New York Mellon Corp acquired a new position in Jabil in the 2nd quarter valued at about $411,079,000. Finally, Jupiter Topco LLC bought a new position in Jabil in the 2nd quarter valued at about $225,364,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Performance

NYSE:JBL opened at $293.72 on Thursday. The company has a market cap of $30.78 billion, a price-to-earnings ratio of 30.03, a PEG ratio of 0.96 and a beta of 1.30. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.65 and a current ratio of 0.99. The stock has a fifty day moving average price of $315.23 and a 200-day moving average price of $328.49.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Wednesday, September 30th. The technology company reported $4.40 EPS for the quarter, topping analysts’ consensus estimates of $4.05 by $0.35. The company had revenue of $10.62 billion for the quarter, compared to analysts’ expectations of $9.69 billion. Jabil had a return on equity of 89.50% and a net margin of 2.90%. Jabil’s revenue was up 28.6% on a year-over-year basis. During the same quarter last year, the business earned $3.29 earnings per share. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. As a group, equities analysts anticipate that Jabil, Inc. will post 16.53 EPS for the current fiscal year.

Analysts Set New Price Targets

JBL has been the subject of several research reports. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 16th. Barclays lowered their target price on Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a research note on Thursday, October 1st. UBS Group reissued a “buy” rating on shares of Jabil in a report on Thursday, October 8th. Finally, JPMorgan Chase & Co. boosted their price target on Jabil from $425.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $434.22.

Jabil Profile

Jabil Inc is a global manufacturing services and technology company that helps brands design, manufacture, and manage products and supply chains. Its capabilities include product design and engineering, prototyping, production, assembly, testing, packaging, logistics, and aftermarket services.

The company serves customers across a range of industries, including healthcare, automotive, cloud and data infrastructure, communications, connected devices, industrial equipment, energy, and consumer products.