Kiker Wealth Management LLC Sells 379 Shares of Jabil, Inc. $JBL

Kiker Wealth Management LLC lessened its stake in shares of Jabil, Inc. (NYSE:JBL) by 3.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,141 shares of the technology company’s stock after selling 379 shares during the period. Jabil accounts for approximately 1.2% of Kiker Wealth Management LLC’s holdings, making the stock its 16th biggest position. Kiker Wealth Management LLC’s holdings in Jabil were worth $2,212,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GFG Capital LLC bought a new position in shares of Jabil during the 2nd quarter valued at about $26,000. Creative Financial Designs Inc. ADV bought a new position in shares of Jabil during the 1st quarter valued at about $27,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Jabil by 110.5% during the 1st quarter. Harbor Capital Advisors Inc. now owns 221 shares of the technology company’s stock valued at $30,000 after purchasing an additional 116 shares during the last quarter. Groupe la Francaise boosted its holdings in shares of Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after purchasing an additional 64 shares during the last quarter. Finally, Financial Management Professionals Inc. boosted its holdings in shares of Jabil by 58.1% during the 2nd quarter. Financial Management Professionals Inc. now owns 264 shares of the technology company’s stock valued at $58,000 after purchasing an additional 97 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on JBL. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Argus raised shares of Jabil from a “hold” rating to a “buy” rating in a report on Wednesday, June 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Jabil in a report on Saturday, September 27th. Finally, Barclays increased their price target on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.43.

Insider Activity

In related news, Chairman Mark T. Mondello sold 20,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $214.84, for a total value of $4,296,800.00. Following the sale, the chairman directly owned 1,380,190 shares of the company’s stock, valued at $296,520,019.60. This represents a 1.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Andrew Priestley sold 3,702 shares of the firm’s stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $225.00, for a total transaction of $832,950.00. Following the transaction, the executive vice president directly owned 44,833 shares in the company, valued at approximately $10,087,425. This trade represents a 7.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 85,416 shares of company stock valued at $18,367,889. Company insiders own 1.73% of the company’s stock.

Jabil Stock Performance

Jabil stock opened at $199.83 on Tuesday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $237.14. The firm has a market capitalization of $21.45 billion, a P/E ratio of 33.53, a price-to-earnings-growth ratio of 1.38 and a beta of 1.26. The company’s 50-day moving average is $212.89 and its 200 day moving average is $189.89.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 earnings per share for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm had revenue of $8.30 billion during the quarter, compared to analysts’ expectations of $7.63 billion. During the same period last year, the company earned $2.30 earnings per share. The business’s revenue for the quarter 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 year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Friday, August 15th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 15th. Jabil’s dividend payout ratio is 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).