Scotia Capital Inc. Acquires 266 Shares of Jabil, Inc. $JBL

Scotia Capital Inc. lifted its holdings in shares of Jabil, Inc. (NYSE:JBL) by 6.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 4,150 shares of the technology company’s stock after purchasing an additional 266 shares during the period. Scotia Capital Inc.’s holdings in Jabil were worth $905,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Level Four Advisory Services LLC lifted its position in Jabil by 187.1% during the 2nd quarter. Level Four Advisory Services LLC now owns 7,038 shares of the technology company’s stock worth $1,535,000 after buying an additional 4,587 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Jabil by 1.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,393 shares of the technology company’s stock worth $2,485,000 after purchasing an additional 181 shares in the last quarter. State Board of Administration of Florida Retirement System grew its stake in shares of Jabil by 0.7% during the second quarter. State Board of Administration of Florida Retirement System now owns 113,730 shares of the technology company’s stock valued at $24,805,000 after purchasing an additional 830 shares during the last quarter. Korea Investment CORP increased its holdings in shares of Jabil by 27.9% in the second quarter. Korea Investment CORP now owns 42,667 shares of the technology company’s stock valued at $9,306,000 after purchasing an additional 9,300 shares in the last quarter. Finally, GM Advisory Group LLC bought a new position in Jabil in the 2nd quarter worth approximately $267,000. 93.39% of the stock is owned by institutional investors.

Jabil Price Performance

Shares of JBL opened at $209.85 on Tuesday. The stock has a market cap of $22.42 billion, a P/E ratio of 35.21, a price-to-earnings-growth ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $237.14. The stock’s 50-day moving average price is $209.03 and its two-hundred day moving average price is $206.78. 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 (NYSE:JBL) last announced its quarterly 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 for the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. Jabil’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period last year, the company posted $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. On average, equities analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have commented on the company. Raymond James Financial set a $260.00 price objective on Jabil in a research report on Thursday, September 25th. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. UBS Group set a $241.00 price objective on Jabil in a report on Sunday, September 28th. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Jabil currently has an average rating of “Moderate Buy” and an average price target of $248.43.

Insiders Place Their Bets

In related news, CFO Gregory B. Hebard sold 6,086 shares of the firm’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the sale, the chief financial officer owned 58,526 shares of the company’s stock, valued at approximately $12,497,642.04. This trade represents a 9.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Gary K. Schick sold 453 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $220.69, for a total value of $99,972.57. Following the completion of the transaction, the senior vice president directly owned 42,208 shares of the company’s stock, valued at approximately $9,314,883.52. The trade was a 1.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 111,762 shares of company stock worth $23,885,921 over the last 90 days. 1.73% of the stock is currently owned by corporate 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).