PDS Planning Inc bought a new stake in Jabil, Inc. (NYSE:JBL – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 1,408 shares of the technology company’s stock, valued at approximately $307,000.
Several other institutional investors have also recently added to or reduced their stakes in JBL. Wellington Management Group LLP raised its stake in Jabil by 12.9% in the 1st quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock valued at $892,096,000 after purchasing an additional 747,423 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in Jabil by 119.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock valued at $165,417,000 after buying an additional 662,938 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Jabil by 4,593.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 636,776 shares of the technology company’s stock valued at $138,881,000 after buying an additional 623,208 shares during the period. Lord Abbett & CO. LLC purchased a new stake in Jabil in the 1st quarter valued at about $81,378,000. Finally, Jones Financial Companies Lllp grew its holdings in Jabil by 28,071.4% in the 1st quarter. Jones Financial Companies Lllp now owns 343,409 shares of the technology company’s stock valued at $46,728,000 after buying an additional 342,190 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.
Wall Street Analysts Forecast Growth
JBL has been the subject of several recent analyst reports. The Goldman Sachs Group lifted their price target on Jabil from $188.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, June 18th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Bank of America lifted their price target on Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a report on Friday, September 26th. Stifel Nicolaus initiated coverage on Jabil in a report on Wednesday, July 2nd. They issued a “buy” rating and a $245.00 price target for the company. Finally, Raymond James Financial set a $260.00 price target on Jabil in a report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $248.43.
Jabil Stock Down 5.2%
Shares of NYSE:JBL opened at $194.00 on Monday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $237.14. The stock has a market capitalization of $20.82 billion, a P/E ratio of 32.55, a PEG ratio of 1.38 and a beta of 1.26. The stock has a 50-day simple moving average of $213.34 and a 200-day simple moving average of $189.44.
Jabil (NYSE:JBL – Get Free Report) last issued its earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). The firm had revenue of $8.30 billion for the quarter, compared to analysts’ expectations of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Equities analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current year.
Jabil Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Friday, August 15th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $0.32 annualized dividend and a yield of 0.2%. Jabil’s payout ratio is 5.37%.
Insider Buying and Selling
In related news, EVP Andrew Priestley sold 3,782 shares of the business’s stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $225.00, for a total transaction of $850,950.00. Following the transaction, the executive vice president directly owned 48,535 shares of the company’s stock, valued at approximately $10,920,375. The trade was a 7.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Frederic E. Mccoy sold 4,500 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $223.55, for a total value of $1,005,975.00. Following the transaction, the executive vice president directly owned 124,203 shares in the company, valued at $27,765,580.65. This trade represents a 3.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 85,416 shares of company stock valued at $18,367,889. Insiders own 1.73% of the company’s stock.
Jabil Company 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).
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