Freedom Investment Management Inc. Sells 427 Shares of Jabil, Inc. $JBL

Freedom Investment Management Inc. lowered its holdings in shares of Jabil, Inc. (NYSE:JBL) by 4.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 9,898 shares of the technology company’s stock after selling 427 shares during the period. Freedom Investment Management Inc.’s holdings in Jabil were worth $2,159,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Jabil by 28.7% in the first quarter. GAMMA Investing LLC now owns 3,858 shares of the technology company’s stock worth $525,000 after buying an additional 860 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Jabil by 17.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 26,310 shares of the technology company’s stock worth $3,580,000 after buying an additional 3,992 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Jabil by 88.3% in the first quarter. Janney Montgomery Scott LLC now owns 6,332 shares of the technology company’s stock worth $862,000 after buying an additional 2,969 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new position in Jabil in the first quarter worth about $677,000. Finally, Asset Management One Co. Ltd. raised its holdings in Jabil by 2.4% in the first quarter. Asset Management One Co. Ltd. now owns 54,100 shares of the technology company’s stock worth $7,361,000 after buying an additional 1,273 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.

Jabil Stock Down 1.2%

JBL opened at $198.78 on Thursday. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The firm has a 50 day moving average price of $210.36 and a 200-day moving average price of $192.64. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $237.14. The stock has a market capitalization of $21.24 billion, a price-to-earnings ratio of 33.35, a PEG ratio of 1.43 and a beta of 1.26.

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

Jabil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, November 17th. Jabil’s payout ratio is 5.37%.

Analyst Ratings Changes

JBL has been the subject of several recent analyst reports. Raymond James Financial set a $260.00 target price on shares of Jabil in a report on Thursday, September 25th. UBS Group set a $241.00 target price on shares of Jabil in a report on Sunday, September 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. Bank of America boosted their price objective on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a report on Friday, September 26th. Finally, Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $248.43.

Insider Activity at Jabil

In related news, EVP Matthew Crowley sold 3,877 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $202.59, for a total transaction of $785,441.43. Following the completion of the sale, the executive vice president directly owned 58,736 shares in the company, valued at approximately $11,899,326.24. The trade was a 6.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Mark T. Mondello sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the sale, the chairman owned 1,258,942 shares of the company’s stock, valued at $261,570,379.34. This trade represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 106,533 shares of company stock valued at $22,336,025 over the last 90 days. 1.73% of the stock is currently owned by company insiders.

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).