J.W. Cole Advisors Inc. raised its position in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 61.9% in the second quarter, Holdings Channel reports. The fund owned 4,205 shares of the technology company’s stock after buying an additional 1,608 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Jabil were worth $917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. GFG Capital LLC bought a new stake in Jabil during the 2nd quarter valued at approximately $26,000. Traub Capital Management LLC bought a new stake in Jabil in the 2nd quarter valued at $33,000. Groupe la Francaise grew its position in 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 during the last quarter. Assetmark Inc. raised its position in shares of Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after buying an additional 49 shares during the last quarter. Finally, Westside Investment Management Inc. raised its position in shares of Jabil by 757.1% during the second quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after buying an additional 159 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, EVP Matthew Crowley sold 3,877 shares of the company’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $202.59, for a total transaction of $785,441.43. Following the transaction, the executive vice president owned 58,736 shares in the company, valued at $11,899,326.24. This represents a 6.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP May Yee Yap sold 8,858 shares of the stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $225.03, for a total transaction of $1,993,315.74. Following the sale, the senior vice president directly owned 25,421 shares in the company, valued at approximately $5,720,487.63. This represents a 25.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 131,762 shares of company stock valued at $27,886,321. Insiders own 1.73% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Analysis on JBL
Jabil Stock Down 3.8%
JBL opened at $211.02 on Wednesday. The firm’s 50-day simple moving average is $212.30 and its 200-day simple moving average is $201.98. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.66 and a current ratio of 1.00. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $237.14. The firm has a market cap of $22.54 billion, a price-to-earnings ratio of 35.41, a PEG ratio of 1.58 and a beta of 1.26.
Jabil (NYSE:JBL – Get Free Report) last released its quarterly earnings results on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates 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%. Jabil’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the firm 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. Equities research analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current fiscal year.
Jabil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be given a $0.08 dividend. The ex-dividend date is Monday, November 17th. This represents a $0.32 annualized dividend and a yield of 0.2%. Jabil’s payout ratio is presently 5.37%.
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).
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