Mark Mondello Sells 20,000 Shares of Jabil (NYSE:JBL) Stock

Jabil, Inc. (NYSE:JBL) Chairman Mark Mondello sold 20,000 shares of Jabil stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $220.83, for a total value of $4,416,600.00. Following the completion of the transaction, the chairman owned 1,228,359 shares of the company’s stock, valued at approximately $271,258,517.97. This trade represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Jabil Price Performance

JBL stock traded down $11.21 during mid-day trading on Tuesday, hitting $209.10. 1,260,335 shares of the stock were exchanged, compared to its average volume of 1,421,693. The business has a fifty day moving average price of $211.33 and a 200 day moving average price of $198.76. Jabil, Inc. has a 12 month low of $108.66 and a 12 month high of $237.14. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The stock has a market capitalization of $22.34 billion, a price-to-earnings ratio of 35.08, a PEG ratio of 1.58 and a beta of 1.26.

Jabil (NYSE:JBL) last issued its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 earnings per share 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 during the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the prior year, the business posted $2.30 earnings per share. Jabil’s quarterly revenue was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. On average, sell-side analysts anticipate 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 issued a $0.08 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Jabil’s payout ratio is presently 5.37%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Raymond James Financial set a $260.00 price target on Jabil in a report on Thursday, September 25th. JPMorgan Chase & Co. increased their price target on Jabil from $214.00 to $256.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Bank of America upped their price objective on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, September 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a report on Tuesday, October 14th. Finally, Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $248.43.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Jabil in the second quarter worth $323,338,000. Boston Partners grew its stake in Jabil by 224.4% in the second quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock worth $414,119,000 after purchasing an additional 1,313,338 shares in the last quarter. Wellington Management Group LLP grew 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 worth $892,096,000 after purchasing an additional 747,423 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Jabil by 107.2% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,319,675 shares of the technology company’s stock worth $286,594,000 after purchasing an additional 682,899 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its position in shares of Jabil by 119.9% in 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 acquiring an additional 662,938 shares in the last quarter. 93.39% of the stock is owned by hedge funds and other institutional investors.

About Jabil

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).