Aware Super Pty Ltd as trustee of Aware Super reduced its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 18.1% in the 2nd quarter, Holdings Channel reports. The firm owned 185,890 shares of the technology company’s stock after selling 41,104 shares during the quarter. Aware Super Pty Ltd as trustee of Aware Super’s holdings in Jabil were worth $40,543,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of JBL. Wellington Management Group LLP raised its position in Jabil by 12.9% during the 1st quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock worth $892,096,000 after purchasing an additional 747,423 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in Jabil by 119.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock worth $165,417,000 after purchasing an additional 662,938 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in Jabil by 4,593.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 636,776 shares of the technology company’s stock worth $138,881,000 after purchasing an additional 623,208 shares during the last quarter. Lord Abbett & CO. LLC bought a new position in Jabil during the 1st quarter worth $81,378,000. Finally, Jones Financial Companies Lllp raised its position in Jabil by 28,071.4% during the 1st quarter. Jones Financial Companies Lllp now owns 343,409 shares of the technology company’s stock worth $46,728,000 after purchasing an additional 342,190 shares during the last quarter. 93.39% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research analysts recently issued reports on the company. Stifel Nicolaus started coverage on Jabil in a research report on Wednesday, July 2nd. They set a “buy” rating and a $245.00 target price for the company. The Goldman Sachs Group lifted their price objective on Jabil from $188.00 to $215.00 and gave the stock a “buy” rating in a research report on Wednesday, June 18th. Bank of America lifted their price objective on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research report on Tuesday. Finally, Argus raised Jabil from a “hold” rating to a “buy” rating in a research report on Wednesday, June 18th. One equities research 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 company’s stock. According to MarketBeat.com, Jabil presently has an average rating of “Moderate Buy” and an average target price of $248.43.
Jabil Stock Performance
Shares of JBL opened at $207.00 on Thursday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The stock has a 50-day moving average of $212.24 and a 200-day moving average of $190.08. The company has a market cap of $22.21 billion, a PE ratio of 34.73, a P/E/G ratio of 1.42 and a beta of 1.26. Jabil, Inc. has a one year low of $108.66 and a one year high of $237.14.
Jabil (NYSE:JBL – Get Free Report) last issued its earnings results on Thursday, September 25th. The technology company reported $1.99 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 analyst estimates of $7.63 billion. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The business’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the business 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. On average, equities research analysts predict that Jabil, Inc. will post 8.05 EPS for the current fiscal year.
Insider Transactions at Jabil
In other news, EVP Andrew Priestley sold 3,702 shares of the firm’s stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $225.00, for a total value of $832,950.00. Following the completion of the sale, the executive vice president directly owned 44,833 shares in the company, valued at $10,087,425. This trade represents a 7.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Frederic E. Mccoy sold 4,500 shares of the firm’s stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $223.55, for a total value of $1,005,975.00. Following the completion of the sale, the executive vice president 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 85,416 shares of company stock valued at $18,367,889. 1.73% of the stock is currently owned by corporate insiders.
About Jabil
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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