Jabil, Inc. $JBL Stock: Titan Investment Management LLC Reduces Position

Titan Investment Management LLC trimmed its position in shares of Jabil, Inc. (NYSE:JBL) by 27.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,407 shares of the technology company’s stock after selling 4,025 shares during the period. Jabil accounts for approximately 2.2% of Titan Investment Management LLC’s portfolio, making the stock its 14th largest holding. Titan Investment Management LLC’s holdings in Jabil were worth $2,985,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Jabil in the second quarter valued at $3,905,704,000. Primecap Management Co. CA purchased a new position in shares of Jabil during the 2nd quarter valued at $1,220,861,000. Bank of America Corp DE bought a new position in shares of Jabil during the 2nd quarter worth $447,882,000. Bank of New York Mellon Corp bought a new position in shares of Jabil during the 2nd quarter worth $411,079,000. Finally, Assenagon Asset Management S.A. grew its stake in shares of Jabil by 844.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 741,680 shares of the technology company’s stock worth $212,758,000 after acquiring an additional 663,178 shares during the period. 93.39% of the stock is owned by hedge funds and other institutional investors.

Jabil Stock Performance

NYSE JBL opened at $266.94 on Friday. The stock has a market capitalization of $27.97 billion, a PE ratio of 27.29, a P/E/G ratio of 0.84 and a beta of 1.30. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The company’s 50 day simple moving average is $306.29 and its two-hundred day simple moving average is $329.11. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.99 and a quick ratio of 0.65.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, September 30th. The technology company reported $4.40 EPS for the quarter, topping the consensus estimate of $4.05 by $0.35. The business had revenue of $10.62 billion during 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%. The firm’s revenue was up 28.6% on a year-over-year basis. During the same period in the previous 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. Analysts predict that Jabil, Inc. will post 16.53 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Monday, November 16th will be given a dividend of $0.08 per share. The ex-dividend date is Monday, November 16th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is presently 3.27%.

Insiders Place Their Bets

In related news, SVP Gary Schick sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $277.16, for a total value of $277,160.00. Following the completion of the sale, the senior vice president owned 37,314 shares in the company, valued at $10,341,948.24. The trade was a 2.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.35% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

JBL has been the subject of several recent research reports. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 16th. JPMorgan Chase & Co. increased their target price on shares of Jabil from $425.00 to $430.00 and gave the stock an “overweight” rating in a research report on Thursday, October 1st. Zacks Research upgraded shares of Jabil from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. The Goldman Sachs Group lowered their price target on shares of Jabil from $482.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday, September 8th. Finally, UBS Group reissued a “buy” rating on shares of Jabil in a research report on Thursday, October 8th. Two analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $434.22.

Jabil Profile

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.