Janney Montgomery Scott LLC Sells 360 Shares of Jabil, Inc. $JBL

Janney Montgomery Scott LLC trimmed its holdings in shares of Jabil, Inc. (NYSE:JBL) by 5.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,972 shares of the technology company’s stock after selling 360 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Jabil were worth $1,303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in JBL. Wellington Management Group LLP lifted its position in shares of Jabil by 12.9% during the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock worth $892,096,000 after purchasing an additional 747,423 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Jabil by 119.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock worth $165,417,000 after purchasing an additional 662,938 shares during the last quarter. Lord Abbett & CO. LLC bought a new stake in shares of Jabil during the first quarter worth $81,378,000. Jones Financial Companies Lllp lifted its position in shares of Jabil by 28,071.4% during the first quarter. Jones Financial Companies Lllp now owns 343,409 shares of the technology company’s stock worth $46,728,000 after purchasing an additional 342,190 shares during the last quarter. Finally, Nuveen LLC bought a new stake in shares of Jabil during the first quarter worth $44,330,000. 93.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on JBL shares. Argus upgraded Jabil from a “hold” rating to a “buy” rating in a research note on Wednesday, June 18th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. UBS Group set a $241.00 price target on Jabil in a research note on Sunday, September 28th. Stifel Nicolaus started coverage on Jabil in a research note on Wednesday, July 2nd. They set a “buy” rating and a $245.00 price target on the stock. Finally, The Goldman Sachs Group raised their price target on Jabil from $188.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, June 18th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $248.43.

Jabil Trading Down 5.2%

NYSE JBL opened at $194.00 on Monday. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $237.14. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The company has a market capitalization of $20.82 billion, a PE ratio of 32.55, a P/E/G ratio of 1.38 and a beta of 1.26. The company has a fifty day moving average of $213.34 and a 200 day moving average of $189.44.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). The business had revenue of $8.30 billion for the quarter, compared to analysts’ expectations of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Research analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Friday, August 15th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 15th. Jabil’s payout ratio is 5.37%.

Insiders Place Their Bets

In other Jabil news, EVP Frederic E. Mccoy sold 4,500 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $223.55, for a total transaction of $1,005,975.00. Following the transaction, the executive vice president owned 124,203 shares in the company, valued at approximately $27,765,580.65. The trade was a 3.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Andrew Priestley sold 3,702 shares of the company’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $225.00, for a total value of $832,950.00. Following the completion of the sale, the executive vice president directly owned 44,833 shares in the company, valued at approximately $10,087,425. The trade was a 7.63% decrease in their position. The disclosure for this sale can be found here. Insiders sold 85,416 shares of company stock valued at $18,367,889 over the last quarter. Corporate insiders own 1.73% of the company’s stock.

Jabil Profile

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).