CCM Investment Advisers LLC lessened its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 5.4% during the first quarter, HoldingsChannel reports. The firm owned 124,388 shares of the technology company’s stock after selling 7,082 shares during the quarter. Jabil accounts for 3.2% of CCM Investment Advisers LLC’s holdings, making the stock its 5th largest position. CCM Investment Advisers LLC’s holdings in Jabil were worth $33,041,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Greenline Wealth Management LLC acquired a new stake in Jabil in the fourth quarter valued at about $28,000. Veracity Capital LLC lifted its holdings in shares of Jabil by 4,144.3% in the fourth quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock worth $31,000 after acquiring an additional 3,647 shares during the last quarter. Virtus Advisers LLC acquired a new stake in shares of Jabil in the 4th quarter valued at approximately $32,000. Wilkerson Advisory Group LLC bought a new stake in shares of Jabil during the 4th quarter valued at approximately $34,000. Finally, DV Equities LLC acquired a new position in Jabil during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 93.39% of the company’s stock.
Insider Transactions at Jabil
In other news, EVP Matthew Crowley sold 94 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president owned 57,536 shares in the company, valued at approximately $19,849,920. The trade was a 0.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.35% of the company’s stock.
Jabil Stock Up 7.3%
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. During the same quarter in the previous year, the company posted $2.55 EPS. The business’s revenue was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is presently 4.00%.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on JBL. Stifel Nicolaus set a $460.00 target price on shares of Jabil and gave the company a “buy” rating in a research report on Thursday, June 18th. Wall Street Zen lowered Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. JPMorgan Chase & Co. increased their target price on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Barclays upped their price objective on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Finally, UBS Group lifted their target price on shares of Jabil from $380.00 to $430.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Jabil has a consensus rating of “Buy” and a consensus target price of $453.67.
Get Our Latest Analysis on Jabil
Jabil 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.
Featured Articles
- Five stocks we like better than Jabil
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBL – Free Report).
Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.
