Ritholtz Wealth Management Buys 4,741 Shares of Jabil, Inc. $JBL

Ritholtz Wealth Management lifted its stake in Jabil, Inc. (NYSE:JBLFree Report) by 30.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 20,529 shares of the technology company’s stock after buying an additional 4,741 shares during the quarter. Ritholtz Wealth Management’s holdings in Jabil were worth $4,477,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JBL. Farther Finance Advisors LLC increased its stake in Jabil by 26.0% during the 1st quarter. Farther Finance Advisors LLC now owns 2,481 shares of the technology company’s stock valued at $338,000 after purchasing an additional 512 shares in the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Jabil by 110.5% during the first quarter. Harbor Capital Advisors Inc. now owns 221 shares of the technology company’s stock valued at $30,000 after buying an additional 116 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Jabil by 28.7% during the first quarter. GAMMA Investing LLC now owns 3,858 shares of the technology company’s stock valued at $525,000 after acquiring an additional 860 shares in the last quarter. SG Americas Securities LLC raised its holdings in Jabil by 328.1% in the 1st quarter. SG Americas Securities LLC now owns 7,937 shares of the technology company’s stock worth $1,080,000 after acquiring an additional 6,083 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in Jabil by 18.8% in the 1st quarter. Fifth Third Bancorp now owns 4,791 shares of the technology company’s stock worth $652,000 after acquiring an additional 757 shares during the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Jabil

In other news, Director Steven A. Raymund sold 13,432 shares of the business’s stock in a transaction on Monday, July 21st. The shares were sold at an average price of $223.11, for a total transaction of $2,996,813.52. Following the completion of the sale, the director owned 86,396 shares of the company’s stock, valued at $19,275,811.56. The trade was a 13.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Mark T. Mondello sold 20,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $214.84, for a total value of $4,296,800.00. Following the completion of the sale, the chairman owned 1,380,190 shares of the company’s stock, 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 in the last ninety days. Corporate insiders own 1.73% of the company’s stock.

Jabil Stock Performance

Shares of JBL opened at $200.57 on Wednesday. The firm has a market capitalization of $21.53 billion, a P/E ratio of 33.65, a PEG ratio of 1.42 and a beta of 1.26. 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 one year low of $108.66 and a one year high of $237.14. The business has a fifty day moving average of $212.51 and a 200 day moving average of $189.96.

Jabil (NYSE:JBLGet Free Report) 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). The firm had revenue of $8.30 billion during 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 company’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period in the previous year, the business posted $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, sell-side analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The firm also recently announced 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. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, August 15th. Jabil’s payout ratio is 5.37%.

Analysts Set New Price Targets

Several analysts have commented on the company. Stifel Nicolaus started coverage on Jabil in a research note on Wednesday, July 2nd. They set a “buy” rating and a $245.00 target price on the stock. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Barclays lifted their price objective on Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a report on Friday, September 26th. Argus raised Jabil from a “hold” rating to a “buy” rating in a research report on Wednesday, June 18th. Finally, Bank of America raised their price target on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a report on Friday, September 26th. One investment 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $248.43.

Read Our Latest Analysis on JBL

Jabil Company Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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