Jabil (NYSE:JBL) SVP Gary Schick Sells 1,000 Shares of Stock

Jabil, Inc. (NYSE:JBL) SVP Gary Schick sold 1,000 shares of the business’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $277.16, for a total value of $277,160.00. Following the completion of the transaction, the senior vice president owned 37,314 shares of the company’s stock, valued at $10,341,948.24. This trade represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Jabil Price Performance

JBL stock opened at $266.94 on Friday. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The stock’s fifty day simple moving average is $306.29 and its 200-day simple moving average is $329.11. The company has a quick ratio of 0.65, a current ratio of 0.99 and a debt-to-equity ratio of 1.78. The stock has a market capitalization of $27.97 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 0.84 and a beta of 1.30.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Wednesday, September 30th. The technology company reported $4.40 EPS for the quarter, beating analysts’ consensus estimates of $4.05 by $0.35. The business had revenue of $10.62 billion during the quarter, compared to the consensus estimate of $9.69 billion. Jabil had a return on equity of 89.50% and a net margin of 2.90%. The business’s revenue for the quarter was up 28.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.29 earnings per share. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. Equities research analysts expect that Jabil, Inc. will post 16.53 EPS for the current year.

Jabil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Monday, November 16th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, November 16th. Jabil’s dividend payout ratio (DPR) is presently 3.27%.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. The Goldman Sachs Group cut their price objective on shares of Jabil from $482.00 to $375.00 and set a “buy” rating on the stock in a report on Tuesday, September 8th. JPMorgan Chase & Co. increased their price objective on shares of Jabil from $425.00 to $430.00 and gave the stock an “overweight” rating in a report on Thursday, October 1st. Argus reissued a “buy” rating and issued a $475.00 target price on shares of Jabil in a research report on Thursday, October 1st. Finally, Weiss Ratings downgraded shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 16th. Two investment analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, Jabil presently has a consensus rating of “Buy” and a consensus price target of $434.22.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Jabil in the second quarter valued at $3,905,704,000. Primecap Management Co. CA acquired a new stake in Jabil during the second quarter worth about $1,220,861,000. Bank of America Corp DE acquired a new stake in Jabil during the second quarter worth about $447,882,000. Bank of New York Mellon Corp acquired a new stake in Jabil during the second quarter worth about $411,079,000. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Jabil by 844.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 741,680 shares of the technology company’s stock worth $212,758,000 after purchasing an additional 663,178 shares during the period. 93.39% of the stock is owned by hedge funds and other institutional investors.

About Jabil

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.