Moran Wealth Management LLC Decreases Stock Holdings in Jabil, Inc. $JBL

Moran Wealth Management LLC reduced its holdings in shares of Jabil, Inc. (NYSE:JBL) by 11.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 38,828 shares of the technology company’s stock after selling 4,802 shares during the period. Moran Wealth Management LLC’s holdings in Jabil were worth $8,468,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. GFG Capital LLC purchased a new stake in Jabil during the second quarter worth approximately $26,000. Creative Financial Designs Inc. ADV purchased a new stake in Jabil during the first quarter worth approximately $27,000. Harbor Capital Advisors Inc. grew its stake in Jabil by 110.5% during the first quarter. Harbor Capital Advisors Inc. now owns 221 shares of the technology company’s stock worth $30,000 after buying an additional 116 shares during the period. Groupe la Francaise grew its stake in Jabil by 35.2% during the first quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after buying an additional 64 shares during the period. Finally, Financial Management Professionals Inc. grew its stake in Jabil by 58.1% during 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 period. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on JBL shares. Bank of America upped their target price on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, September 26th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Jabil in a research note on Tuesday. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. Finally, Raymond James Financial set a $260.00 target price on shares of Jabil in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $248.43.

Insider Buying and Selling at Jabil

In other Jabil news, EVP Frederic E. Mccoy sold 4,500 shares of the stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $223.55, for a total transaction of $1,005,975.00. Following the sale, the executive vice president directly owned 124,203 shares of the company’s stock, valued at approximately $27,765,580.65. This represents a 3.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Mark T. Mondello sold 20,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $214.84, for a total transaction of $4,296,800.00. Following the sale, the chairman directly owned 1,380,190 shares in the company, valued at $296,520,019.60. This trade represents a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 85,416 shares of company stock valued at $18,367,889 over the last three months. 1.73% of the stock is currently owned by company insiders.

Jabil Trading Up 0.3%

JBL opened at $200.57 on Wednesday. The stock has a market capitalization of $21.53 billion, a PE ratio of 33.65, a P/E/G ratio of 1.42 and a beta of 1.26. The firm’s fifty day moving average price is $212.51 and its 200 day moving average price is $189.96. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. Jabil, Inc. has a 12-month low of $108.66 and a 12-month high of $237.14.

Jabil (NYSE:JBL) last posted its quarterly 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). The company had revenue of $8.30 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 revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the company earned $2.30 earnings per share. 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, research analysts expect that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Friday, August 15th were issued a $0.08 dividend. 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 dividend payout ratio is currently 5.37%.

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).