Lmcg Investments LLC Sells 1,823 Shares of Jabil, Inc. $JBL

Lmcg Investments LLC lowered its position in shares of Jabil, Inc. (NYSE:JBL) by 2.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,432 shares of the technology company’s stock after selling 1,823 shares during the period. Lmcg Investments LLC owned about 0.06% of Jabil worth $17,909,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JBL. Rakuten Securities Inc. bought a new position in shares of Jabil during the second quarter valued at about $25,000. Bell Investment Advisors Inc bought a new stake in shares of Jabil in the second quarter worth about $35,000. PenderFund Capital Management Ltd. bought a new stake in shares of Jabil in the second quarter worth about $44,000. Persistent Asset Partners Ltd bought a new stake in shares of Jabil in the second quarter worth about $45,000. Finally, Jones Financial Companies Lllp purchased a new position in Jabil during the 2nd quarter valued at about $46,000. Institutional investors own 93.39% of the company’s stock.

Jabil Stock Performance

Shares of JBL opened at $281.49 on Thursday. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.99 and a quick ratio of 0.65. Jabil, Inc. has a one year low of $189.60 and a one year high of $428.93. The company has a 50-day simple moving average of $308.37 and a two-hundred day simple moving average of $329.12. The firm has a market capitalization of $29.50 billion, a PE ratio of 28.78, a price-to-earnings-growth ratio of 0.83 and a beta of 1.30.

Jabil (NYSE:JBL) last posted its earnings results on Wednesday, September 30th. The technology company reported $4.40 earnings per share for the quarter, topping analysts’ consensus estimates of $4.05 by $0.35. Jabil had a return on equity of 89.50% and a net margin of 2.90%. The firm had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $9.69 billion. During the same quarter in the prior year, the business earned $3.29 EPS. The business’s revenue for the quarter was up 28.6% on a year-over-year basis. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. On average, analysts anticipate that Jabil, Inc. will post 16.53 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on JBL shares. Barclays lowered their price target on Jabil from $426.00 to $378.00 and set an “overweight” rating for the company in a research report on Thursday, October 1st. The Goldman Sachs Group cut their price objective on Jabil from $482.00 to $375.00 and set a “buy” rating on the stock in a research report on Tuesday, September 8th. JPMorgan Chase & Co. boosted their target price on Jabil from $425.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Argus reissued a “buy” rating and set a $475.00 target price on shares of Jabil in a research note on Thursday, October 1st. Finally, UBS Group restated a “buy” rating on shares of Jabil in a report on Thursday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $434.22.

Jabil Company Profile

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.