MGO One Seven LLC Purchases New Position in Jabil, Inc. $JBL

MGO One Seven LLC purchased a new stake in Jabil, Inc. (NYSE:JBL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,217 shares of the technology company’s stock, valued at approximately $265,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP increased its stake in Jabil by 12.9% in the first quarter. Wellington Management Group LLP now owns 6,556,153 shares of the technology company’s stock valued at $892,096,000 after purchasing an additional 747,423 shares during the period. JPMorgan Chase & Co. increased its stake in Jabil by 15.7% in the first quarter. JPMorgan Chase & Co. now owns 2,173,095 shares of the technology company’s stock valued at $295,693,000 after purchasing an additional 295,496 shares during the period. Northern Trust Corp increased its stake in Jabil by 8.3% in the first quarter. Northern Trust Corp now owns 1,384,364 shares of the technology company’s stock valued at $188,370,000 after purchasing an additional 105,632 shares during the period. Jacobs Levy Equity Management Inc. increased its stake in Jabil by 119.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 1,215,678 shares of the technology company’s stock valued at $165,417,000 after purchasing an additional 662,938 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Jabil by 3.4% in the first quarter. Bank of New York Mellon Corp now owns 1,118,282 shares of the technology company’s stock valued at $152,165,000 after purchasing an additional 37,201 shares during the period. 93.39% of the stock is owned by hedge funds and other institutional investors.

Jabil Trading Down 0.4%

Shares of JBL opened at $208.96 on Monday. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57. The firm’s 50-day moving average is $211.71 and its two-hundred day moving average is $191.93. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $237.14. The firm has a market capitalization of $22.43 billion, a P/E ratio of 35.06, a PEG ratio of 1.49 and a beta of 1.26.

Jabil (NYSE:JBL) last announced its quarterly 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). Jabil had a net margin of 2.20% and a return on equity of 68.63%. The business had revenue of $8.30 billion during the quarter, compared to analysts’ expectations of $7.63 billion. During the same period last year, the company earned $2.30 EPS. The firm’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. On average, research analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, November 17th. Jabil’s dividend payout ratio is 5.37%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on JBL shares. UBS Group set a $241.00 price objective on shares of Jabil in a research note on Sunday, September 28th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Raymond James Financial set a $260.00 price objective on shares of Jabil in a research note on Thursday, September 25th. Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. Finally, Bank of America boosted their price target 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. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $248.43.

Insider Buying and Selling at Jabil

In related news, EVP Andrew Priestley sold 3,702 shares of the company’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $225.00, for a total transaction of $832,950.00. Following the transaction, the executive vice president owned 44,833 shares of the company’s stock, valued at approximately $10,087,425. This represents a 7.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Mark T. Mondello sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $214.84, for a total transaction of $4,296,800.00. Following the transaction, the chairman directly owned 1,380,190 shares in the company, 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. Insiders have sold 68,202 shares of company stock valued at $14,520,125 over the last quarter. Corporate insiders own 1.73% of the company’s stock.

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).