IFP Advisors Inc reduced its stake in Jabil, Inc. (NYSE:JBL – Free Report) by 4.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,435 shares of the technology company’s stock after selling 238 shares during the period. IFP Advisors Inc’s holdings in Jabil were worth $1,270,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in JBL. Wellington Management Group LLP raised its stake in Jabil by 12.9% during the 1st quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock worth $892,096,000 after buying an additional 747,423 shares during the period. Jacobs Levy Equity Management Inc. raised its stake in Jabil by 119.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock worth $165,417,000 after buying an additional 662,938 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Jabil by 4,593.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 636,776 shares of the technology company’s stock worth $138,881,000 after buying an additional 623,208 shares during the period. Lord Abbett & CO. LLC acquired a new stake in Jabil during the 1st quarter worth $81,378,000. Finally, Jones Financial Companies Lllp raised its stake in Jabil by 28,071.4% during the 1st quarter. Jones Financial Companies Lllp now owns 343,409 shares of the technology company’s stock worth $46,728,000 after buying an additional 342,190 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.
Insiders Place Their Bets
In related news, Director Steven A. Raymund sold 13,432 shares of Jabil stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $223.11, for a total transaction of $2,996,813.52. Following the completion of the transaction, the director owned 86,396 shares in the company, valued at approximately $19,275,811.56. This trade represents a 13.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Mark T. Mondello sold 20,000 shares of Jabil stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $214.84, for a total value of $4,296,800.00. Following the transaction, the chairman owned 1,380,190 shares of the company’s stock, valued at $296,520,019.60. The trade was a 1.43% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 85,416 shares of company stock worth $18,367,889. Company insiders own 1.73% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Research Report on JBL
Jabil Price Performance
NYSE:JBL opened at $194.00 on Monday. 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 stock’s 50-day simple moving average is $213.34 and its 200 day simple moving average is $189.44. The company has a market cap of $20.82 billion, a P/E ratio of 32.55, a P/E/G ratio of 1.38 and a beta of 1.26. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $237.14.
Jabil (NYSE:JBL – Get Free Report) last posted 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). Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business 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 posted $2.30 EPS. The company’s revenue for the quarter 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. As a group, sell-side analysts forecast that Jabil, Inc. will post 8.05 EPS for the current fiscal year.
Jabil Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Friday, August 15th were issued a dividend of $0.08 per share. The ex-dividend date was Friday, August 15th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Jabil’s dividend payout ratio (DPR) is presently 5.37%.
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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