Jabil, Inc. $JBL Shares Sold by Creative Planning

Creative Planning lowered its stake in shares of Jabil, Inc. (NYSE:JBL) by 4.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,560 shares of the technology company’s stock after selling 1,867 shares during the quarter. Creative Planning’s holdings in Jabil were worth $9,282,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. GFG Capital LLC bought a new position in shares of Jabil during the second quarter worth about $26,000. Assetmark Inc. lifted its position in Jabil by 45.8% in the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after purchasing an additional 49 shares during the last quarter. Westside Investment Management Inc. boosted its stake in Jabil by 757.1% during the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after purchasing an additional 159 shares during the period. Hantz Financial Services Inc. grew its position in Jabil by 45.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after purchasing an additional 59 shares during the last quarter. Finally, Groupe la Francaise grew its position in Jabil by 35.2% in the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after purchasing an additional 64 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Jabil news, Chairman Mark T. Mondello sold 20,000 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $220.83, for a total value of $4,416,600.00. Following the transaction, the chairman owned 1,228,359 shares of the company’s stock, valued at approximately $271,258,517.97. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Francis Mckay sold 2,526 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $224.47, for a total value of $567,011.22. Following the sale, the senior vice president owned 40,963 shares of the company’s stock, valued at $9,194,964.61. This trade represents a 5.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 131,762 shares of company stock worth $27,886,321. Company insiders own 1.73% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on JBL. Raymond James Financial set a $260.00 price objective on Jabil in a research report on Thursday, September 25th. Bank of America boosted their price target on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. UBS Group set a $241.00 price objective on shares of Jabil in a research note on Sunday, September 28th. Finally, Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Jabil presently has an average rating of “Moderate Buy” and an average target price of $248.43.

Jabil Stock Performance

Shares of NYSE JBL opened at $198.93 on Wednesday. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $237.14. The firm has a market cap of $21.25 billion, a P/E ratio of 33.38, a PEG ratio of 1.58 and a beta of 1.26. The stock has a fifty day moving average price of $211.86 and a two-hundred day moving average price of $203.94. 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 posted its quarterly earnings data on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $0.37. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company had revenue of $8.25 billion for the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the previous year, the business earned $2.30 EPS. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Research analysts forecast that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.32 annualized dividend and a dividend 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).