Vista Investment Partners LLC Buys Shares of 20,787 Jabil, Inc. $JBL

Vista Investment Partners LLC acquired a new stake in shares of Jabil, Inc. (NYSE:JBL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 20,787 shares of the technology company’s stock, valued at approximately $4,740,000. Jabil comprises about 1.2% of Vista Investment Partners LLC’s investment portfolio, making the stock its 28th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JBL. Mirae Asset Global Investments Co. Ltd. raised its position in Jabil by 33.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,441 shares of the technology company’s stock valued at $5,742,000 after acquiring an additional 6,594 shares in the last quarter. Westfield Capital Management Co. LP bought a new stake in Jabil in the third quarter worth approximately $57,799,000. Envestnet Asset Management Inc. increased its stake in shares of Jabil by 9.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 311,883 shares of the technology company’s stock worth $67,732,000 after purchasing an additional 25,932 shares during the last quarter. Winnow Wealth LLC acquired a new position in shares of Jabil during the 3rd quarter worth $1,077,000. Finally, Banco Santander S.A. bought a new position in shares of Jabil during the 3rd quarter valued at $908,000. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insiders Place Their Bets

In other Jabil news, Director Anousheh Ansari sold 1,000 shares of the stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $270.00, for a total value of $270,000.00. Following the completion of the sale, the director directly owned 33,800 shares of the company’s stock, valued at $9,126,000. This represents a 2.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael Dastoor sold 15,000 shares of the business’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $246.91, for a total transaction of $3,703,650.00. Following the transaction, the chief executive officer owned 262,566 shares in the company, valued at approximately $64,830,171.06. The trade was a 5.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 80,018 shares of company stock valued at $19,545,381 in the last 90 days. 1.35% of the stock is currently owned by corporate insiders.

Jabil Stock Up 2.5%

JBL stock opened at $272.25 on Thursday. The stock has a market capitalization of $28.75 billion, a price-to-earnings ratio of 36.54, a price-to-earnings-growth ratio of 1.38 and a beta of 1.22. The company has a 50-day moving average of $256.42 and a two-hundred day moving average of $231.56. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $283.76. The company has a debt-to-equity ratio of 2.50, a current ratio of 1.01 and a quick ratio of 0.68.

Jabil (NYSE:JBL) last posted its quarterly earnings data on Wednesday, March 18th. The technology company reported $2.69 earnings per share for the quarter, topping the consensus estimate of $2.51 by $0.18. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The business had revenue of $8.28 billion during the quarter, compared to analysts’ expectations of $7.75 billion. During the same quarter in the previous year, the firm earned $1.94 EPS. The firm’s revenue was up 23.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, February 17th. Jabil’s dividend payout ratio is currently 4.30%.

Analysts Set New Price Targets

JBL has been the subject of a number of recent research reports. Barclays upped their price objective on shares of Jabil from $283.00 to $304.00 and gave the stock an “overweight” rating in a report on Wednesday, March 18th. Robert W. Baird boosted their price target on Jabil from $275.00 to $281.00 and gave the stock an “outperform” rating in a research report on Thursday, March 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research note on Friday, January 9th. Raymond James Financial reissued a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. Finally, Stifel Nicolaus boosted their target price on Jabil from $255.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $283.25.

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.