CreativeOne Wealth LLC Increases Stock Holdings in Jabil, Inc. $JBL

CreativeOne Wealth LLC grew its holdings in shares of Jabil, Inc. (NYSE:JBLFree Report) by 5.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,934 shares of the technology company’s stock after purchasing an additional 437 shares during the period. CreativeOne Wealth LLC’s holdings in Jabil were worth $1,948,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. GFG Capital LLC purchased a new stake in Jabil during the 2nd quarter worth approximately $26,000. Traub Capital Management LLC acquired a new position in shares of Jabil in the second quarter worth $33,000. Assetmark Inc. increased 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 worth $34,000 after acquiring an additional 49 shares during the period. Westside Investment Management Inc. raised its stake in shares of Jabil by 757.1% in the second quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after acquiring an additional 159 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its stake in shares of Jabil by 45.4% in the second quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock valued at $41,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Price Performance

Shares of NYSE:JBL opened at $207.63 on Thursday. Jabil, Inc. has a one year low of $108.66 and a one year high of $237.14. The stock has a market capitalization of $22.18 billion, a price-to-earnings ratio of 34.84, a PEG ratio of 1.58 and a beta of 1.26. The company has a 50-day simple moving average of $210.08 and a 200-day simple moving average of $205.57. 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 (NYSE:JBLGet Free Report) last issued its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.37. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $7.63 billion. During the same quarter in the previous year, the firm posted $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, analysts predict that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, November 17th. Jabil’s dividend payout ratio (DPR) is 5.37%.

Insider Transactions at Jabil

In other Jabil news, EVP Kristine Melachrino sold 6,579 shares of the company’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $213.40, for a total transaction of $1,403,958.60. Following the completion of the transaction, the executive vice president owned 33,718 shares in the company, valued at approximately $7,195,421.20. This represents a 16.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Mark T. Mondello sold 40,000 shares of Jabil stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $207.77, for a total transaction of $8,310,800.00. Following the completion of the sale, the chairman directly owned 1,258,942 shares in the company, valued at approximately $261,570,379.34. The trade was a 3.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 131,762 shares of company stock worth $27,886,321 over the last quarter. 1.73% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on JBL. Barclays upped their target price on shares of Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research note on Friday, September 26th. UBS Group set a $241.00 price objective on shares of Jabil in a report on Sunday, September 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. Raymond James Financial set a $260.00 target price on Jabil in a report on Thursday, September 25th. Finally, Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $248.43.

View Our Latest Report on JBL

Jabil Profile

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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