Klein Pavlis & Peasley Financial Inc. Invests $1.52 Million in Jabil, Inc. $JBL

Klein Pavlis & Peasley Financial Inc. acquired a new stake in shares of Jabil, Inc. (NYSE:JBL) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 6,656 shares of the technology company’s stock, valued at approximately $1,518,000.

Other large investors also recently modified their holdings of the company. First Horizon Corp purchased a new stake in Jabil in the third quarter worth approximately $30,000. True Wealth Design LLC raised its stake in shares of 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 acquiring an additional 100 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of Jabil in the 3rd quarter worth approximately $43,000. Rothschild Investment LLC lifted its holdings in shares of Jabil by 51.1% in the 3rd quarter. Rothschild Investment LLC now owns 213 shares of the technology company’s stock worth $46,000 after acquiring an additional 72 shares during the last quarter. Finally, Caitlin John LLC purchased a new stake in shares of Jabil in the 3rd quarter valued at $47,000. 93.39% of the stock is owned by hedge funds and other institutional investors.

Jabil Trading Down 1.1%

Shares of JBL opened at $261.14 on Friday. The stock has a market capitalization of $27.58 billion, a P/E ratio of 35.05, a PEG ratio of 1.36 and a beta of 1.22. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $283.76. The company has a quick ratio of 0.68, a current ratio of 1.01 and a debt-to-equity ratio of 2.50. The firm has a fifty day simple moving average of $255.75 and a two-hundred day simple moving average of $230.58.

Jabil (NYSE:JBL) last released its quarterly earnings data on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. The firm had revenue of $8.28 billion for the quarter, compared to analysts’ expectations of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The company’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.94 earnings per share. On average, research analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms recently commented on JBL. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a report on Thursday, December 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 raised their price objective on Jabil from $275.00 to $281.00 and gave the company an “outperform” rating in a research note on Thursday, March 19th. 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. Finally, Barclays boosted their target price on Jabil from $283.00 to $304.00 and gave the company an “overweight” rating in a research note on Wednesday, March 18th. One 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $283.25.

Insider Buying and Selling at Jabil

In related news, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $278.33, for a total transaction of $278,330.00. Following the completion of the transaction, the senior vice president owned 40,843 shares in the company, valued at $11,367,832.19. This represents a 2.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Adam E. Berry sold 1,596 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $253.20, for a total value of $404,107.20. Following the completion of the sale, the senior vice president directly owned 18,920 shares of the company’s stock, valued at $4,790,544. The trade was a 7.78% 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 worth $19,545,381 over the last three months. 1.35% of the stock is owned by corporate insiders.

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.