Jabil, Inc. $JBL Holdings Lifted by Leuthold Group LLC

Leuthold Group LLC boosted its position in Jabil, Inc. (NYSE:JBL) by 7.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 43,287 shares of the technology company’s stock after purchasing an additional 2,818 shares during the period. Jabil comprises 1.1% of Leuthold Group LLC’s investment portfolio, making the stock its 15th biggest position. Leuthold Group LLC’s holdings in Jabil were worth $12,417,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. boosted its position in Jabil by 844.8% in the third quarter. Assenagon Asset Management S.A. now owns 741,680 shares of the technology company’s stock worth $212,758,000 after purchasing an additional 663,178 shares during the last quarter. Western Wealth Management LLC bought a new position in Jabil in the 1st quarter valued at $1,333,000. Deutsche Bank AG purchased a new stake in shares of Jabil during the 2nd quarter valued at $207,874,000. Mizuho Markets Americas LLC purchased a new stake in shares of Jabil during the 1st quarter valued at $14,610,000. Finally, Raiffeisen Bank International AG increased its position in shares of Jabil by 5,802.9% during the 2nd quarter. Raiffeisen Bank International AG now owns 4,073 shares of the technology company’s stock valued at $1,522,000 after purchasing an additional 4,004 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In other news, EVP Matthew Crowley sold 3,922 shares of the business’s stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $290.00, for a total transaction of $1,137,380.00. Following the completion of the transaction, the executive vice president owned 63,410 shares of the company’s stock, valued at approximately $18,388,900. The trade was a 5.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Gary K. Schick sold 1,000 shares of the stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $277.16, for a total transaction of $277,160.00. Following the completion of the transaction, the senior vice president directly owned 37,314 shares in the company, valued at $10,341,948.24. The trade was a 2.61% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.35% of the stock is owned by company insiders.

Jabil Price Performance

Jabil stock opened at $252.59 on Tuesday. Jabil, Inc. has a one year low of $189.60 and a one year high of $428.93. The business has a fifty day moving average price of $293.02 and a 200-day moving average price of $306.95. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.99 and a quick ratio of 0.65. The firm has a market capitalization of $26.01 billion, a P/E ratio of 25.83, a PEG ratio of 0.78 and a beta of 1.34.

Jabil (NYSE:JBL) last released its quarterly earnings data on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.05 by $0.35. Jabil had a return on equity of 89.50% and a net margin of 2.90%. The company had revenue of $10.62 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same period in the previous year, the company posted $3.29 EPS. The firm’s revenue for the quarter was up 28.6% compared to the same quarter last year. 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 research analysts forecast that Jabil, Inc. will post 16.53 EPS for the current year.

Jabil Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on JBL shares. The Goldman Sachs Group lifted their target price on Jabil from $375.00 to $397.00 and gave the stock a “buy” rating in a research note on Thursday, October 1st. UBS Group restated a “buy” rating and set a $430.00 price target on shares of Jabil in a research report on Thursday, October 8th. Argus restated a “buy” rating and set a $475.00 price objective on shares of Jabil in a report on Thursday, October 1st. Zacks Research raised shares of Jabil from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Jabil from $425.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $437.22.

Jabil Profile

Jabil Inc is a global manufacturing services company that helps businesses design, engineer and produce products. Its services include product development, supply chain management, component sourcing, manufacturing, assembly and after-market support.

The company serves customers across a range of industries, including healthcare, automotive, cloud and data center, industrial, aerospace and defense, and consumer markets. Its work spans products such as medical devices, electronic systems, infrastructure equipment and industrial components.

Founded in 1966, Jabil has grown from a U.S.