SPX Gestao de Recursos Ltda acquired a new position in shares of Jabil, Inc. (NYSE:JBL – Free Report) in the first quarter, HoldingsChannel.com reports. The firm acquired 4,000 shares of the technology company’s stock, valued at approximately $1,063,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Todd Asset Management LLC lifted its stake in Jabil by 1.9% in the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after purchasing an additional 6,179 shares during the last quarter. Jackson Creek Investment Advisors LLC raised its stake in Jabil by 386.2% in the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after buying an additional 8,968 shares during the period. Jefferies Financial Group Inc. acquired a new stake in shares of Jabil in the fourth quarter valued at approximately $7,061,000. Allstate Corp lifted its position in shares of Jabil by 98.0% in the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock valued at $1,815,000 after buying an additional 3,939 shares during the last quarter. Finally, National Pension Service boosted its stake in shares of Jabil by 582.6% during the 4th quarter. National Pension Service now owns 224,903 shares of the technology company’s stock worth $51,282,000 after acquiring an additional 191,956 shares during the period. 93.39% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have commented on JBL shares. Raymond James Financial upped their price objective on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a report on Thursday, June 18th. Bank of America reiterated a “buy” rating and issued a $470.00 price target on shares of Jabil in a research note on Thursday, June 18th. UBS Group increased their price target on shares of Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a report on Thursday, June 18th. Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Finally, Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $453.67.
Insiders Place Their Bets
In other Jabil news, SVP Gary K. Schick sold 1,000 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the sale, the senior vice president directly owned 39,843 shares in the company, valued at $13,546,620. This represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Matthew Crowley sold 94 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $345.00, for a total transaction of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,263 shares of company stock worth $1,418,200 over the last ninety days. Corporate insiders own 1.35% of the company’s stock.
Jabil Price Performance
Jabil stock opened at $300.81 on Friday. The firm has a market cap of $31.52 billion, a PE ratio of 37.55, a price-to-earnings-growth ratio of 0.90 and a beta of 1.28. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.98 and a quick ratio of 0.66. The stock’s fifty day moving average price is $355.90 and its two-hundred day moving average price is $299.35. Jabil, Inc. has a one year low of $189.60 and a one year high of $428.93.
Jabil (NYSE:JBL – Get Free Report) last released its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.55 EPS. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, research analysts expect that Jabil, Inc. will post 11.71 EPS for the current fiscal year.
Jabil Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio is currently 4.00%.
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.
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