MASTERINVEST Kapitalanlage GmbH bought a new position in shares of Jabil, Inc. (NYSE:JBL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,940 shares of the technology company’s stock, valued at approximately $1,950,000.
A number of other hedge funds have also added to or reduced their stakes in JBL. GFG Capital LLC bought a new stake in shares of Jabil in the 2nd quarter valued at $26,000. Traub Capital Management LLC bought a new stake in Jabil in the second quarter valued at $33,000. Assetmark Inc. raised its holdings in shares of Jabil by 45.8% during the second 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 period. Westside Investment Management Inc. raised its holdings in shares of Jabil by 757.1% during the second 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. Finally, Hantz Financial Services Inc. boosted its position in shares of Jabil by 45.4% during 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 in the last quarter. 93.39% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of analysts recently commented on JBL shares. Barclays boosted their target price on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research report on Friday, September 26th. Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Finally, Raymond James Financial set a $260.00 price target on shares of Jabil in a research report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Jabil presently has an average rating of “Moderate Buy” and an average target price of $249.43.
Jabil Stock Performance
Shares of JBL opened at $222.44 on Friday. The firm has a market capitalization of $23.77 billion, a P/E ratio of 37.32, a P/E/G ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 52 week low of $108.66 and a 52 week high of $237.14. The stock has a 50 day moving average price of $210.10 and a two-hundred day moving average price of $210.03. 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 – Get Free Report) last announced its earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $7.63 billion. During the same quarter in the previous year, the firm earned $2.30 earnings per share. Jabil’s quarterly revenue was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. Equities analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.
Jabil Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, November 17th. Jabil’s payout ratio is currently 5.37%.
Insider Transactions at Jabil
In other news, SVP Francis Mckay sold 2,526 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $224.47, for a total value of $567,011.22. Following the completion of the sale, the senior vice president owned 40,963 shares in the company, valued at $9,194,964.61. This represents a 5.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Mark T. Mondello sold 20,000 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $212.20, for a total transaction of $4,244,000.00. Following the transaction, the chairman owned 1,221,459 shares in the company, valued at approximately $259,193,599.80. This trade represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 131,762 shares of company stock worth $28,129,921. 1.73% of the stock is owned by insiders.
Jabil Profile
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).
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