Jabil, Inc. (NYSE:JBL – Get Free Report) Director Anousheh Ansari sold 500 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $252.00, for a total transaction of $126,000.00. Following the completion of the transaction, the director directly owned 33,900 shares in the company, valued at approximately $8,542,800. This represents a 1.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Anousheh Ansari also recently made the following trade(s):
- On Tuesday, January 13th, Anousheh Ansari sold 500 shares of Jabil stock. The shares were sold at an average price of $240.00, for a total transaction of $120,000.00.
- On Friday, December 19th, Anousheh Ansari sold 1,500 shares of Jabil stock. The stock was sold at an average price of $225.00, for a total transaction of $337,500.00.
Jabil Stock Up 4.9%
Jabil stock traded up $11.86 during midday trading on Thursday, hitting $253.20. 1,577,517 shares of the stock were exchanged, compared to its average volume of 1,257,880. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $256.17. The firm has a market cap of $26.74 billion, a P/E ratio of 39.38, a P/E/G ratio of 1.53 and a beta of 1.25. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.99 and a quick ratio of 0.67. The company has a 50 day moving average price of $219.26 and a two-hundred day moving average price of $216.61.
Jabil Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio is currently 4.98%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of JBL. State Street Corp grew its position in Jabil by 0.7% in the 3rd quarter. State Street Corp now owns 5,199,646 shares of the technology company’s stock valued at $1,129,207,000 after buying an additional 36,646 shares in the last quarter. Primecap Management Co. CA lifted its position in Jabil by 0.7% in the second quarter. Primecap Management Co. CA now owns 3,410,410 shares of the technology company’s stock worth $743,810,000 after purchasing an additional 24,650 shares during the period. Geode Capital Management LLC increased its position in shares of Jabil by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,893,485 shares of the technology company’s stock valued at $628,519,000 after purchasing an additional 65,949 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Jabil by 5.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock worth $502,133,000 after buying an additional 129,212 shares in the last quarter. Finally, Boston Partners lifted its holdings in shares of Jabil by 224.4% in the second quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock valued at $414,119,000 after buying an additional 1,313,338 shares during the period. 93.39% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the company. Barclays upped their price objective on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. The Goldman Sachs Group reissued a “buy” rating and set a $282.00 price target on shares of Jabil in a research report on Thursday. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. JPMorgan Chase & Co. raised their price target on shares of Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $263.71.
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.
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