Hazlett Burt & Watson Inc. Purchases Shares of 376 Jabil, Inc. $JBL

Hazlett Burt & Watson Inc. purchased a new stake in Jabil, Inc. (NYSE:JBL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 376 shares of the technology company’s stock, valued at approximately $82,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GFG Capital LLC acquired a new stake in Jabil in the 2nd quarter valued at $26,000. Creative Financial Designs Inc. ADV acquired a new stake in Jabil in the 1st quarter valued at $27,000. Harbor Capital Advisors Inc. increased its stake in Jabil by 110.5% in the 1st quarter. Harbor Capital Advisors Inc. now owns 221 shares of the technology company’s stock valued at $30,000 after buying an additional 116 shares during the last quarter. Groupe la Francaise increased its stake in Jabil by 35.2% in the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after buying an additional 64 shares during the last quarter. Finally, Financial Management Professionals Inc. increased its stake in Jabil by 58.1% in the 2nd quarter. Financial Management Professionals Inc. now owns 264 shares of the technology company’s stock valued at $58,000 after buying an additional 97 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Jabil Stock Performance

Shares of JBL stock opened at $199.83 on Tuesday. The company has a market capitalization of $21.45 billion, a price-to-earnings ratio of 33.53, a PEG ratio of 1.38 and a beta of 1.26. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00. The company has a 50-day simple moving average of $212.89 and a 200 day simple moving average of $189.89. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $237.14.

Jabil (NYSE:JBL) last announced its earnings results on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.93). The company had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the firm 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. On average, sell-side analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on JBL. JPMorgan Chase & Co. lifted their price objective on shares of Jabil from $214.00 to $256.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Bank of America lifted their price objective on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, September 26th. Raymond James Financial set a $260.00 price objective on shares of Jabil in a research report on Thursday, September 25th. Stifel Nicolaus began coverage on shares of Jabil in a research report on Wednesday, July 2nd. They issued a “buy” rating and a $245.00 price objective for the company. Finally, Argus raised shares of Jabil from a “hold” rating to a “buy” rating in a research report on Wednesday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $248.43.

Insider Buying and Selling at Jabil

In other Jabil news, EVP Andrew Priestley sold 3,702 shares of the business’s stock in a transaction dated 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 owned 44,833 shares of the company’s stock, valued at $10,087,425. The trade was a 7.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Steven A. Raymund sold 13,432 shares of the business’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $223.11, for a total transaction of $2,996,813.52. Following the completion of the sale, the director directly owned 86,396 shares of the company’s stock, valued at $19,275,811.56. This represents a 13.46% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 85,416 shares of company stock worth $18,367,889. 1.73% of the stock is currently owned by company insiders.

Jabil Company 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).