Teacher Retirement System of Texas Cuts Stock Position in Jabil, Inc. $JBL

Teacher Retirement System of Texas lessened its stake in shares of Jabil, Inc. (NYSE:JBL) by 77.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,300 shares of the technology company’s stock after selling 59,010 shares during the period. Teacher Retirement System of Texas’ holdings in Jabil were worth $3,773,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. GFG Capital LLC purchased a new position in shares of Jabil in the 2nd quarter worth about $26,000. Groupe la Francaise increased its stake in Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after purchasing an additional 64 shares in the last quarter. Financial Management Professionals Inc. raised its holdings in Jabil by 58.1% in the second quarter. Financial Management Professionals Inc. now owns 264 shares of the technology company’s stock worth $58,000 after buying an additional 97 shares during the last quarter. Activest Wealth Management lifted its stake in shares of Jabil by 31.8% in the second quarter. Activest Wealth Management now owns 278 shares of the technology company’s stock worth $61,000 after buying an additional 67 shares in the last quarter. Finally, ORG Wealth Partners LLC purchased a new stake in shares of Jabil during the second quarter valued at approximately $71,000. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Francis Mckay sold 2,526 shares of Jabil stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kristine Melachrino sold 6,579 shares of the business’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $213.40, for a total value of $1,403,958.60. Following the sale, the executive vice president directly owned 33,718 shares of the company’s stock, valued at $7,195,421.20. This represents a 16.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 102,451 shares of company stock valued at $21,376,432. 1.73% of the stock is currently owned by corporate insiders.

Jabil Stock Down 0.2%

Jabil stock opened at $221.11 on Friday. Jabil, Inc. has a one year low of $108.66 and a one year high of $237.14. The stock has a fifty day moving average of $211.10 and a 200 day moving average of $197.71. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00. The stock has a market cap of $23.62 billion, a PE ratio of 37.10, a price-to-earnings-growth ratio of 1.58 and a beta of 1.26.

Jabil (NYSE:JBL) last announced its earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.93). Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm had revenue of $8.30 billion during the quarter, compared to analysts’ expectations of $7.63 billion. During the same period in the previous year, the business posted $2.30 earnings per share. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. As a group, sell-side analysts predict that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be 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 is Monday, November 17th. Jabil’s dividend payout ratio is currently 5.37%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. upped their price objective on Jabil from $214.00 to $256.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. UBS Group set a $241.00 price target on Jabil in a research note on Sunday, September 28th. Bank of America increased their price objective on Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, September 26th. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.43.

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).