Chevy Chase Trust Holdings LLC Sells 747 Shares of Jabil, Inc. $JBL

Chevy Chase Trust Holdings LLC cut its holdings in Jabil, Inc. (NYSE:JBL) by 1.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 56,700 shares of the technology company’s stock after selling 747 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Jabil were worth $12,366,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Wellington Management Group LLP boosted its stake in Jabil by 12.9% in the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock valued at $892,096,000 after acquiring an additional 747,423 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Jabil by 15.7% in the first quarter. JPMorgan Chase & Co. now owns 2,173,095 shares of the technology company’s stock valued at $295,693,000 after acquiring an additional 295,496 shares during the last quarter. Northern Trust Corp boosted its stake in Jabil by 8.3% in the first quarter. Northern Trust Corp now owns 1,384,364 shares of the technology company’s stock valued at $188,370,000 after acquiring an additional 105,632 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in Jabil by 119.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock valued at $165,417,000 after acquiring an additional 662,938 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Jabil by 3.4% in the first quarter. Bank of New York Mellon Corp now owns 1,118,282 shares of the technology company’s stock valued at $152,165,000 after acquiring an additional 37,201 shares during the last quarter. 93.39% of the stock is owned by institutional investors.

Jabil Trading Down 0.4%

Shares of NYSE:JBL opened at $208.96 on Monday. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $237.14. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The company’s fifty day simple moving average is $211.71 and its 200 day simple moving average is $191.93. The firm has a market cap of $22.43 billion, a price-to-earnings ratio of 35.06, a PEG ratio of 1.49 and a beta of 1.26.

Jabil (NYSE:JBL) last issued its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company had revenue of $8.30 billion for the quarter, compared to analyst estimates of $7.63 billion. During the same quarter in the previous year, the business earned $2.30 earnings per share. The company’s revenue was up 18.5% on a year-over-year basis. 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 forecast that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, November 17th. Jabil’s dividend payout ratio (DPR) is presently 5.37%.

Insider Buying and Selling

In related news, EVP Andrew Priestley sold 3,702 shares of the firm’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $225.00, for a total transaction of $832,950.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Mark T. Mondello sold 20,000 shares of Jabil stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $214.84, for a total transaction of $4,296,800.00. Following the completion of the sale, the chairman owned 1,380,190 shares in the company, valued at $296,520,019.60. The trade was a 1.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 68,202 shares of company stock worth $14,520,125 over the last ninety days. Company insiders own 1.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on JBL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. UBS Group set a $241.00 target price on shares of Jabil in a report on Sunday, September 28th. Raymond James Financial set a $260.00 target price on shares of Jabil in a report on Thursday, September 25th. Bank of America increased their target price on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Finally, Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $248.43.

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).