Jabil, Inc. $JBL Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its holdings in Jabil, Inc. (NYSE:JBL) by 33.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,705 shares of the technology company’s stock after selling 14,530 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Jabil were worth $6,545,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Savant Capital LLC raised its holdings in Jabil by 0.9% in the 3rd quarter. Savant Capital LLC now owns 5,828 shares of the technology company’s stock valued at $1,266,000 after buying an additional 54 shares during the period. Brown Brothers Harriman & Co. boosted its stake in Jabil by 1.9% during the third quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company’s stock worth $630,000 after buying an additional 54 shares during the period. TD Private Client Wealth LLC increased its position in shares of Jabil by 11.2% during the third quarter. TD Private Client Wealth LLC now owns 584 shares of the technology company’s stock valued at $127,000 after acquiring an additional 59 shares during the last quarter. Measured Wealth Private Client Group LLC increased its position in shares of Jabil by 2.1% during the third quarter. Measured Wealth Private Client Group LLC now owns 2,823 shares of the technology company’s stock valued at $613,000 after acquiring an additional 59 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in shares of Jabil by 2.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,225 shares of the technology company’s stock valued at $483,000 after acquiring an additional 60 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Transactions at Jabil

In other news, SVP Gary K. Schick sold 1,000 shares of Jabil stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $278.33, for a total value of $278,330.00. Following the completion of the transaction, the senior vice president owned 40,843 shares in the company, valued at approximately $11,367,832.19. This trade represents a 2.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Anousheh Ansari sold 1,000 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $270.00, for a total value of $270,000.00. Following the transaction, the director directly owned 33,800 shares of the company’s stock, valued at approximately $9,126,000. This represents a 2.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 61,018 shares of company stock valued at $15,093,181 in the last 90 days. Insiders own 1.35% of the company’s stock.

Jabil Trading Down 1.1%

Shares of JBL stock opened at $268.85 on Friday. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $283.76. The company has a 50 day moving average price of $256.90 and a 200 day moving average price of $231.82. The stock has a market capitalization of $28.39 billion, a P/E ratio of 36.09, a price-to-earnings-growth ratio of 1.41 and a beta of 1.16. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01.

Jabil (NYSE:JBL) last released its earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.18. The company had revenue of $8.28 billion for the quarter, compared to analyst estimates of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The firm’s quarterly revenue was up 23.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.94 EPS. Equities research analysts predict that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were issued a $0.08 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is 4.30%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on JBL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Friday, January 9th. Raymond James Financial reissued a “strong-buy” rating on shares of Jabil in a research report on Thursday, December 18th. Robert W. Baird upped their price target on Jabil from $275.00 to $281.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. Finally, Barclays lifted their price objective on Jabil from $283.00 to $304.00 and gave the company an “overweight” rating in a research note on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Jabil has a consensus rating of “Moderate Buy” and an average price target of $283.25.

About Jabil

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.