West Family Investments Inc. Purchases New Position in Jabil, Inc. $JBL

West Family Investments Inc. acquired a new position in Jabil, Inc. (NYSE:JBL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,087 shares of the technology company’s stock, valued at approximately $237,000.

Several other hedge funds have also recently made changes to their positions in the business. Avantax Advisory Services Inc. boosted its holdings in Jabil by 49.9% in the first quarter. Avantax Advisory Services Inc. now owns 4,798 shares of the technology company’s stock valued at $653,000 after acquiring an additional 1,597 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Jabil by 12.6% during the 1st quarter. LPL Financial LLC now owns 45,878 shares of the technology company’s stock valued at $6,243,000 after purchasing an additional 5,130 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of Jabil by 2.3% during the 1st quarter. Federated Hermes Inc. now owns 39,556 shares of the technology company’s stock valued at $5,382,000 after purchasing an additional 876 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of Jabil during the first quarter valued at about $216,000. Finally, Natixis Advisors LLC raised its stake in Jabil by 2.9% in the first quarter. Natixis Advisors LLC now owns 98,032 shares of the technology company’s stock worth $13,339,000 after buying an additional 2,789 shares in the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Matthew Crowley sold 3,877 shares of the 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 completion of the sale, the executive vice president directly owned 58,736 shares of the company’s stock, valued at $11,899,326.24. This represents a 6.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Mark T. Mondello sold 40,000 shares of Jabil stock in a transaction 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 transaction, the chairman owned 1,258,942 shares in the company, valued at approximately $261,570,379.34. This trade represents a 3.08% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 131,762 shares of company stock valued at $27,886,321. Insiders own 1.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on JBL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. Barclays upped their target price on shares of Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research report on Friday, September 26th. Raymond James Financial set a $260.00 price target on shares of Jabil in a research note on Thursday, September 25th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Finally, Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Jabil presently has an average rating of “Moderate Buy” and a consensus target price of $248.43.

Jabil Price Performance

Shares of Jabil stock opened at $210.90 on Monday. Jabil, Inc. has a one year low of $108.66 and a one year high of $237.14. The stock’s fifty day moving average is $209.50 and its 200 day moving average is $206.47. The stock has a market cap of $22.53 billion, a P/E ratio of 35.39, a P/E/G ratio of 1.58 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.

Jabil (NYSE:JBL) last released its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.37. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business had revenue of $8.25 billion during the quarter, compared to analyst estimates of $7.63 billion. During the same quarter in the previous year, the company posted $2.30 earnings per share. Jabil’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. Sell-side analysts anticipate that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

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

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).