Cwm LLC trimmed its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 1.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 12,593 shares of the technology company’s stock after selling 212 shares during the period. Cwm LLC’s holdings in Jabil were worth $2,747,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. grew its stake in shares of Jabil by 84.8% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 13,568 shares of the technology company’s stock worth $1,846,000 after buying an additional 6,225 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Jabil by 8.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 242,977 shares of the technology company’s stock worth $33,062,000 after buying an additional 18,126 shares in the last quarter. Kingswood Wealth Advisors LLC grew its stake in shares of Jabil by 7.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 3,326 shares of the technology company’s stock worth $453,000 after buying an additional 217 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new position in shares of Jabil in the 1st quarter worth $214,000. Finally, QRG Capital Management Inc. grew its stake in shares of Jabil by 2.3% in the 1st quarter. QRG Capital Management Inc. now owns 5,978 shares of the technology company’s stock worth $813,000 after buying an additional 132 shares in the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Jabil
In other Jabil news, Director Steven A. Raymund sold 13,432 shares of the business’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $223.11, for a total value of $2,996,813.52. Following the completion of the sale, the director directly owned 86,396 shares of the company’s stock, valued at $19,275,811.56. The trade was a 13.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Andrew Priestley sold 3,702 shares of the business’s stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $225.00, for a total transaction of $832,950.00. Following the completion of the sale, the executive vice president directly owned 44,833 shares of the company’s stock, valued at approximately $10,087,425. This trade represents a 7.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 85,416 shares of company stock valued at $18,367,889 in the last quarter. Corporate insiders own 1.73% of the company’s stock.
Jabil Price Performance
Jabil (NYSE:JBL – Get Free Report) last released its earnings results 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). The firm had revenue of $8.30 billion during the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.Jabil’s revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.30 EPS. 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, equities research analysts forecast that Jabil, Inc. will post 8.05 EPS for the current year.
Jabil Dividend Announcement
The business 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. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, November 17th. Jabil’s payout ratio is 5.37%.
Wall Street Analysts Forecast Growth
JBL has been the subject of a number of recent research reports. Raymond James Financial set a $260.00 price objective on shares of Jabil in a research note on Thursday, September 25th. Bank of America lifted their price objective 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. Stifel Nicolaus initiated coverage on shares of Jabil in a research note on Wednesday, July 2nd. They issued a “buy” rating and a $245.00 price objective for the company. UBS Group set a $241.00 price objective on shares of Jabil in a research note on Sunday, September 28th. Finally, Barclays raised their target price on shares of Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a report on Friday, September 26th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $248.43.
View Our Latest Stock Report on JBL
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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