Whalen Wealth Management Inc. Has $560,000 Stock Holdings in Jabil, Inc. $JBL

Whalen Wealth Management Inc. lessened its position in Jabil, Inc. (NYSE:JBL) by 5.9% during the 2nd quarter, Holdings Channel reports. The firm owned 2,568 shares of the technology company’s stock after selling 160 shares during the quarter. Whalen Wealth Management Inc.’s holdings in Jabil were worth $560,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Investment Advisors acquired a new stake in shares of Jabil in the 2nd quarter valued at $261,000. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Jabil by 27.8% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 24,360 shares of the technology company’s stock valued at $5,313,000 after purchasing an additional 5,300 shares in the last quarter. Facet Wealth Inc. acquired a new stake in shares of Jabil in the 2nd quarter valued at $509,000. Convergence Investment Partners LLC boosted its stake in shares of Jabil by 373.5% in the 2nd quarter. Convergence Investment Partners LLC now owns 14,640 shares of the technology company’s stock valued at $3,193,000 after purchasing an additional 11,548 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its stake in shares of Jabil by 1.2% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 4,120 shares of the technology company’s stock valued at $899,000 after purchasing an additional 48 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Performance

Shares of NYSE:JBL opened at $214.55 on Wednesday. The stock has a market capitalization of $22.92 billion, a P/E ratio of 36.00, a P/E/G ratio of 1.50 and a beta of 1.26. Jabil, Inc. has a 1-year low of $108.66 and a 1-year high of $237.14. 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 business has a 50-day moving average price of $210.17 and a two-hundred day moving average price of $195.87.

Jabil (NYSE:JBL) last announced its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.93). The firm had revenue of $8.30 billion for 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%.The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.30 earnings per share. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Equities analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, November 17th. Jabil’s payout ratio is currently 5.37%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on JBL shares. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. Barclays lifted their price target on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, September 26th. UBS Group set a $241.00 price target on Jabil in a report on Sunday, September 28th. Bank of America lifted their price target on Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a report on Friday, September 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $248.43.

Insider Transactions at Jabil

In other Jabil news, CFO Gregory B. Hebard sold 6,086 shares of the business’s stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total transaction of $1,299,604.44. Following the completion of the sale, the chief financial officer directly owned 58,526 shares of the company’s stock, valued at approximately $12,497,642.04. The trade was a 9.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Matthew Crowley sold 727 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $211.60, for a total value of $153,833.20. Following the sale, the executive vice president directly owned 57,536 shares of the company’s stock, valued at $12,174,617.60. This represents a 1.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 119,925 shares of company stock valued at $25,193,421. 1.73% of the stock is owned by company insiders.

Jabil 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).