Texas Yale Capital Corp. Has $1.45 Billion Stock Holdings in Jabil, Inc. $JBL

Texas Yale Capital Corp. lowered its holdings in Jabil, Inc. (NYSE:JBL) by 0.0% in the fourth quarter, Holdings Channel reports. The firm owned 6,378,273 shares of the technology company’s stock after selling 3,050 shares during the quarter. Jabil comprises about 44.1% of Texas Yale Capital Corp.’s holdings, making the stock its biggest position. Texas Yale Capital Corp. owned approximately 0.06% of Jabil worth $1,454,374,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Impact Partnership Wealth LLC grew its position in Jabil by 57.7% in the fourth quarter. Impact Partnership Wealth LLC now owns 4,919 shares of the technology company’s stock valued at $1,122,000 after purchasing an additional 1,799 shares in the last quarter. Norges Bank bought a new position in shares of Jabil in the 4th quarter valued at about $407,299,000. Eurizon Capital SGR S.p.A. bought a new position in shares of Jabil in the 4th quarter valued at about $3,792,000. Hillsdale Investment Management Inc. bought a new position in shares of Jabil in the 4th quarter valued at about $935,000. Finally, National Pension Service grew its position in shares of Jabil by 582.6% in the 4th quarter. National Pension Service now owns 224,903 shares of the technology company’s stock valued at $51,282,000 after acquiring an additional 191,956 shares during the period. Institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In related news, EVP Andrew Priestley sold 3,169 shares of Jabil stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $330.00, for a total transaction of $1,045,770.00. Following the completion of the sale, the executive vice president owned 57,098 shares of the company’s stock, valued at approximately $18,842,340. The trade was a 5.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP May Yee Yap sold 1,634 shares of Jabil stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $306.74, for a total transaction of $501,213.16. Following the sale, the senior vice president directly owned 23,787 shares of the company’s stock, valued at $7,296,424.38. The trade was a 6.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 37,981 shares of company stock worth $11,360,740 in the last ninety days. Insiders own 1.35% of the company’s stock.

Jabil Stock Performance

Shares of JBL stock opened at $363.84 on Friday. The company has a market capitalization of $38.38 billion, a price-to-earnings ratio of 48.84, a PEG ratio of 1.89 and a beta of 1.29. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. The company has a 50-day simple moving average of $318.86 and a 200 day simple moving average of $265.03. Jabil, Inc. has a 52 week low of $164.69 and a 52 week high of $381.94.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.51 by $0.18. The business had revenue of $8.28 billion during the quarter, compared to the consensus estimate of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. Jabil’s revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.94 EPS. On average, sell-side analysts predict that Jabil, Inc. will post 11.3 earnings per share for the current year.

Jabil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Friday, May 15th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s payout ratio is presently 4.30%.

Wall Street Analysts Forecast Growth

JBL has been the subject of a number of analyst reports. UBS Group lifted their price objective on shares of Jabil from $244.00 to $254.00 and gave the company a “neutral” rating in a research report on Tuesday, March 10th. Wall Street Zen downgraded shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. JPMorgan Chase & Co. lifted their price objective on shares of Jabil from $270.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Weiss Ratings downgraded shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Finally, Bank of America lifted their price objective on shares of Jabil from $295.00 to $354.00 and gave the company a “buy” rating in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $303.38.

Jabil Company Profile

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.