Jabil, Inc. $JBL Shares Acquired by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC lifted its position in Jabil, Inc. (NYSE:JBL) by 386.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,290 shares of the technology company’s stock after acquiring an additional 8,968 shares during the period. Jabil comprises 0.8% of Jackson Creek Investment Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Jackson Creek Investment Advisors LLC’s holdings in Jabil were worth $2,574,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of JBL. Arrowstreet Capital Limited Partnership raised its stake in shares of Jabil by 1,157.8% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,454,915 shares of the technology company’s stock valued at $315,964,000 after purchasing an additional 1,339,247 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new position in shares of Jabil in the fourth quarter valued at $121,710,000. Allianz Asset Management GmbH raised its stake in shares of Jabil by 180.1% in the third quarter. Allianz Asset Management GmbH now owns 758,326 shares of the technology company’s stock valued at $164,686,000 after purchasing an additional 487,595 shares in the last quarter. M&T Bank Corp raised its stake in shares of Jabil by 2,833.4% in the fourth quarter. M&T Bank Corp now owns 348,987 shares of the technology company’s stock valued at $79,576,000 after purchasing an additional 337,090 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of Jabil by 125.4% in the third quarter. Barclays PLC now owns 588,155 shares of the technology company’s stock valued at $127,730,000 after purchasing an additional 327,238 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. The Goldman Sachs Group upped their target price on Jabil from $336.00 to $384.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. JPMorgan Chase & Co. increased their price objective on Jabil from $270.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Robert W. Baird increased their price objective on Jabil from $275.00 to $281.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Finally, Stifel Nicolaus increased their price objective on Jabil from $255.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $303.38.

Insider Activity at Jabil

In other news, SVP May Yee Yap sold 1,634 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $306.74, for a total transaction of $501,213.16. Following the sale, the senior vice president owned 23,787 shares in the company, valued at approximately $7,296,424.38. This represents a 6.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Anousheh Ansari sold 2,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $300.00, for a total value of $600,000.00. Following the completion of the transaction, the director owned 31,800 shares in the company, valued at approximately $9,540,000. This represents a 5.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 37,981 shares of company stock valued at $11,360,740. 1.35% of the stock is currently owned by company insiders.

Jabil Price Performance

Shares of JBL stock opened at $380.61 on Wednesday. The stock’s fifty day moving average is $312.48 and its 200-day moving average is $262.18. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. The stock has a market capitalization of $40.16 billion, a PE ratio of 51.09, a PEG ratio of 1.89 and a beta of 1.29. Jabil, Inc. has a 52 week low of $164.69 and a 52 week high of $381.38.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.51 by $0.18. The company had revenue of $8.28 billion for the quarter, compared to analysts’ expectations of $7.75 billion. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.94 earnings per share. Equities research analysts expect that Jabil, Inc. will post 11.3 EPS for the current fiscal year.

Jabil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, May 15th. Jabil’s dividend payout ratio is presently 4.30%.

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.