Intech Investment Management LLC Lowers Stake in Jabil, Inc. $JBL

Intech Investment Management LLC lessened its holdings in Jabil, Inc. (NYSE:JBL) by 17.5% during the second quarter, Holdings Channel.com reports. The firm owned 8,232 shares of the technology company’s stock after selling 1,741 shares during the quarter. Intech Investment Management LLC’s holdings in Jabil were worth $1,795,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in JBL. Ashton Thomas Private Wealth LLC grew its stake in shares of Jabil by 1.2% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock worth $899,000 after buying an additional 48 shares during the last quarter. Assetmark Inc. boosted its holdings in Jabil by 45.8% in the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after acquiring an additional 49 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Jabil by 45.4% in the second quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock worth $41,000 after acquiring an additional 59 shares during the last quarter. Mather Group LLC. grew its stake in shares of Jabil by 5.4% in the second quarter. Mather Group LLC. now owns 1,186 shares of the technology company’s stock worth $259,000 after acquiring an additional 61 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of Jabil by 2.9% during the second quarter. UMB Bank n.a. now owns 2,191 shares of the technology company’s stock valued at $478,000 after acquiring an additional 62 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.

Jabil Trading Up 2.2%

Shares of JBL stock opened at $196.81 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57. Jabil, Inc. has a 12-month low of $108.66 and a 12-month high of $237.14. The stock has a market capitalization of $21.03 billion, a P/E ratio of 33.02, a P/E/G ratio of 1.58 and a beta of 1.26. The firm’s 50 day moving average is $210.76 and its 200 day moving average is $204.16.

Jabil (NYSE:JBL) last announced its earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share for the quarter, beating analysts’ consensus estimates of $2.92 by $0.37. The business had revenue of $8.25 billion during the quarter, compared to analyst estimates of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Research analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, November 17th. Jabil’s payout ratio is currently 5.37%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Bank of America upped their price target on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. Raymond James Financial set a $260.00 target price on shares of Jabil in a research note on Thursday, September 25th. Barclays raised their price target on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research report on Friday, September 26th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Finally, Zacks Research downgraded Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Jabil has a consensus rating of “Moderate Buy” and a consensus target price of $248.43.

Insider Activity

In other news, SVP Gary K. Schick sold 453 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $220.69, for a total value of $99,972.57. Following the transaction, the senior vice president owned 42,208 shares in the company, valued at $9,314,883.52. This represents a 1.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Francis Mckay sold 2,526 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $224.47, for a total transaction of $567,011.22. Following the completion of the transaction, the senior vice president directly owned 40,963 shares in the company, valued at approximately $9,194,964.61. The trade was a 5.81% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 131,762 shares of company stock worth $27,886,321. Company insiders own 1.73% of the company’s stock.

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).