Jabil, Inc. $JBL Shares Sold by Empirical Finance LLC

Empirical Finance LLC trimmed its stake in Jabil, Inc. (NYSE:JBL) by 49.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,289 shares of the technology company’s stock after selling 5,115 shares during the quarter. Empirical Finance LLC’s holdings in Jabil were worth $1,154,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. GFG Capital LLC bought a new stake in Jabil in the 2nd quarter valued at about $26,000. Traub Capital Management LLC acquired a new stake in shares of Jabil in the second quarter valued at approximately $33,000. Assetmark Inc. raised its holdings in shares of Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after buying an additional 49 shares during the last quarter. Westside Investment Management Inc. boosted its position in shares of Jabil by 757.1% during the second quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock worth $39,000 after buying an additional 159 shares during the period. Finally, Hantz Financial Services Inc. grew its holdings in Jabil by 45.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after buying an additional 59 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.

Jabil Trading Down 3.8%

Shares of JBL stock opened at $192.46 on Friday. The stock has a 50-day simple moving average of $211.11 and a 200 day simple moving average of $203.84. The stock has a market capitalization of $20.56 billion, a P/E ratio of 32.29, a P/E/G ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $237.14. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57.

Jabil (NYSE:JBL) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, topping the consensus estimate of $2.92 by $0.37. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $7.63 billion. During the same period in the previous year, the business earned $2.30 earnings per share. Jabil’s revenue for the quarter was up 18.5% compared to the same quarter last year. 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 expect that Jabil, Inc. will post 8.05 earnings per share for the current fiscal 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 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 is Monday, November 17th. Jabil’s dividend payout ratio (DPR) is presently 5.37%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on JBL. Bank of America lifted their target price on Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, September 26th. Raymond James Financial set a $260.00 price target on Jabil in a report on Thursday, September 25th. UBS Group set a $241.00 price objective on shares of Jabil in a research note on Sunday, September 28th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Barclays raised their target price on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Jabil currently has an average rating of “Moderate Buy” and an average price target of $248.43.

Insider Transactions at Jabil

In related news, SVP May Yee Yap sold 8,858 shares of Jabil stock in a transaction on Friday, October 31st. The stock was sold at an average price of $225.03, for a total value of $1,993,315.74. Following the transaction, the senior vice president directly owned 25,421 shares in the company, valued at $5,720,487.63. The trade was a 25.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Matthew Crowley sold 3,877 shares of the company’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $202.59, for a total value of $785,441.43. Following the sale, the executive vice president directly owned 58,736 shares of the company’s stock, valued at approximately $11,899,326.24. This represents a 6.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 131,762 shares of company stock valued at $27,886,321 in the last 90 days. 1.73% of the stock is owned by corporate insiders.

About Jabil

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).