Janney Montgomery Scott LLC Decreases Stake in Jabil, Inc. $JBL

Janney Montgomery Scott LLC cut its holdings in shares of Jabil, Inc. (NYSE:JBL) by 32.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,336 shares of the technology company’s stock after selling 1,620 shares during the period. Janney Montgomery Scott LLC’s holdings in Jabil were worth $886,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JBL. Greenline Wealth Management LLC purchased a new stake in shares of Jabil during the 4th quarter valued at about $28,000. Veracity Capital LLC lifted its position in Jabil by 4,144.3% during the fourth quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock valued at $31,000 after purchasing an additional 3,647 shares during the period. Virtus Advisers LLC purchased a new stake in Jabil in the fourth quarter worth approximately $32,000. DV Equities LLC bought a new stake in Jabil in the 4th quarter worth approximately $34,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in Jabil during the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Jabil Price Performance

Shares of NYSE:JBL opened at $322.01 on Tuesday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The firm has a market cap of $33.74 billion, a price-to-earnings ratio of 40.20, a P/E/G ratio of 0.99 and a beta of 1.28. The firm has a fifty day moving average price of $359.12 and a 200 day moving average price of $297.60. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93.

Jabil (NYSE:JBL) last issued its quarterly earnings data on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The firm had revenue of $8.75 billion during the quarter, compared to analyst estimates of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.55 earnings per share. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, sell-side analysts expect that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 15th. Jabil’s dividend payout ratio (DPR) is presently 4.00%.

Insider Transactions at Jabil

In other news, EVP Andrew Priestley sold 3,169 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $330.00, for a total transaction of $1,045,770.00. Following the sale, the executive vice president directly owned 57,098 shares in the company, valued at approximately $18,842,340. This represents a 5.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Steven D. Borges sold 5,126 shares of Jabil stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $317.51, for a total value of $1,627,556.26. Following the completion of the transaction, the executive vice president owned 71,398 shares of the company’s stock, valued at approximately $22,669,578.98. This represents a 6.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 11,023 shares of company stock worth $3,546,969. 1.35% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on JBL. Robert W. Baird lifted their price objective on Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Barclays increased their price objective on shares of Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Wall Street Zen cut shares of Jabil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 11th. JPMorgan Chase & Co. boosted their price target on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Finally, Argus set a $475.00 target price on shares of Jabil in a research note on Thursday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Jabil presently has a consensus rating of “Buy” and a consensus target price of $453.67.

Jabil Company Profile

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.