William Blair Investment Management LLC cut its position in Jabil, Inc. (NYSE:JBL – Free Report) by 54.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,481 shares of the technology company’s stock after selling 1,799 shares during the period. William Blair Investment Management LLC’s holdings in Jabil were worth $323,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in JBL. GAMMA Investing LLC grew its stake in shares of Jabil by 28.7% in the first quarter. GAMMA Investing LLC now owns 3,858 shares of the technology company’s stock valued at $525,000 after buying an additional 860 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Jabil by 17.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 26,310 shares of the technology company’s stock valued at $3,580,000 after buying an additional 3,992 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Jabil by 88.3% in the first quarter. Janney Montgomery Scott LLC now owns 6,332 shares of the technology company’s stock valued at $862,000 after buying an additional 2,969 shares in the last quarter. Praxis Investment Management Inc. grew its stake in shares of Jabil by 20.2% in the first quarter. Praxis Investment Management Inc. now owns 2,560 shares of the technology company’s stock valued at $348,000 after buying an additional 430 shares in the last quarter. Finally, Live Oak Private Wealth LLC grew its stake in shares of Jabil by 3.2% in the first quarter. Live Oak Private Wealth LLC now owns 44,117 shares of the technology company’s stock valued at $6,003,000 after buying an additional 1,361 shares in the last quarter. 93.39% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently weighed in on JBL shares. JPMorgan Chase & Co. raised their target price on shares of Jabil from $214.00 to $256.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Wall Street Zen raised shares of Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. Stifel Nicolaus started coverage on shares of Jabil in a research report on Wednesday, July 2nd. They set a “buy” rating and a $245.00 price objective for the company. Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Raymond James Financial set a $260.00 price objective on shares of Jabil in a research report on Thursday, September 25th. One research 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $248.43.
Jabil Stock Down 2.5%
JBL opened at $204.05 on Tuesday. Jabil, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $237.14. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00. The company has a market capitalization of $21.90 billion, a P/E ratio of 34.24, a P/E/G ratio of 1.49 and a beta of 1.26. The stock has a fifty day moving average of $211.34 and a 200-day moving average of $192.53.
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Thursday, September 25th. The technology company reported $1.99 earnings per share 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 firm had revenue of $8.30 billion for the quarter, compared to analyst estimates of $7.63 billion. During the same period in the prior year, the business posted $2.30 EPS. The firm’s quarterly revenue was up 18.5% compared to the same quarter last year. 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 analysts expect that Jabil, Inc. will post 8.05 EPS for the current year.
Jabil Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, November 17th. Jabil’s dividend payout ratio (DPR) is currently 5.37%.
Insider Activity
In other news, EVP Andrew Priestley sold 3,702 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $225.00, for a total value of $832,950.00. Following the completion of the transaction, the executive vice president directly owned 44,833 shares in the company, valued at approximately $10,087,425. The trade was a 7.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Frederic E. Mccoy sold 4,500 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 124,203 shares of the company’s stock, valued at $27,765,580.65. The trade was a 3.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 108,202 shares of company stock worth $22,830,925. 1.73% of the stock is currently owned by corporate insiders.
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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