Bessemer Group Inc. Trims Stock Position in Jabil, Inc. $JBL

Bessemer Group Inc. decreased its holdings in Jabil, Inc. (NYSE:JBL) by 49.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,482 shares of the technology company’s stock after selling 6,433 shares during the quarter. Bessemer Group Inc.’s holdings in Jabil were worth $1,414,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in JBL. GFG Capital LLC bought a new position in Jabil in the second quarter worth approximately $26,000. Groupe la Francaise increased its stake in shares of Jabil by 35.2% in the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after purchasing an additional 64 shares in the last quarter. Golden State Wealth Management LLC raised its holdings in Jabil by 2,400.0% in the 1st quarter. Golden State Wealth Management LLC now owns 275 shares of the technology company’s stock worth $37,000 after purchasing an additional 264 shares during the period. Wayfinding Financial LLC bought a new position in Jabil in the 1st quarter worth $52,000. Finally, Financial Management Professionals Inc. lifted its position in Jabil by 58.1% during the second quarter. Financial Management Professionals Inc. now owns 264 shares of the technology company’s stock valued at $58,000 after purchasing an additional 97 shares in the last quarter. 93.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. boosted their price objective on Jabil from $214.00 to $256.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Bank of America raised their target price on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. Finally, Barclays increased their price objective on shares of Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research note on Friday, September 26th. One equities 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $248.43.

Jabil Stock Down 0.3%

NYSE JBL opened at $221.69 on Friday. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $237.14. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57. The stock has a market cap of $23.69 billion, a PE ratio of 37.20, a P/E/G ratio of 1.58 and a beta of 1.26. The stock’s 50 day moving average is $210.87 and its 200 day moving average is $196.67.

Jabil (NYSE:JBL) last released its quarterly earnings data 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). Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the previous year, the business earned $2.30 EPS. The company’s quarterly 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. Research analysts predict that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be paid a $0.08 dividend. The ex-dividend date is Monday, November 17th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s payout ratio is presently 5.37%.

Insider Transactions at Jabil

In other news, Chairman Mark T. Mondello sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the sale, the chairman directly owned 1,258,942 shares of the company’s stock, valued at $261,570,379.34. This represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Gregory B. Hebard sold 6,086 shares of the firm’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the completion of the transaction, the chief financial officer directly owned 58,526 shares of the company’s stock, valued at approximately $12,497,642.04. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 99,925 shares of company stock valued at $20,809,421 in the last ninety days. Corporate insiders own 1.73% of the company’s stock.

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).