Trek Financial LLC Purchases Shares of 15,477 Jabil, Inc. $JBL

Trek Financial LLC acquired a new position in shares of Jabil, Inc. (NYSE:JBLFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 15,477 shares of the technology company’s stock, valued at approximately $3,376,000.

Several other large investors have also modified their holdings of the stock. Avantax Advisory Services Inc. lifted its position in Jabil by 49.9% in the first quarter. Avantax Advisory Services Inc. now owns 4,798 shares of the technology company’s stock valued at $653,000 after acquiring an additional 1,597 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Jabil by 12.6% during the first quarter. LPL Financial LLC now owns 45,878 shares of the technology company’s stock worth $6,243,000 after purchasing an additional 5,130 shares during the last quarter. US Bancorp DE increased its position in shares of Jabil by 2.5% during the first quarter. US Bancorp DE now owns 16,433 shares of the technology company’s stock worth $2,236,000 after purchasing an additional 397 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Jabil by 11.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 40,014 shares of the technology company’s stock valued at $5,445,000 after purchasing an additional 4,069 shares during the last quarter. Finally, Bank of Nova Scotia boosted its position in shares of Jabil by 63.2% in the 1st quarter. Bank of Nova Scotia now owns 24,610 shares of the technology company’s stock valued at $3,349,000 after purchasing an additional 9,531 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insider Transactions at Jabil

In other news, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction on 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 transaction, the chief financial officer owned 58,526 shares of the company’s stock, valued at $12,497,642.04. The trade was a 9.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman Mark T. Mondello sold 40,000 shares of the firm’s 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 transaction, the chairman owned 1,258,942 shares of the company’s stock, valued at $261,570,379.34. This trade represents a 3.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 111,762 shares of company stock worth $23,885,921 over the last ninety days. 1.73% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have commented on JBL. UBS Group set a $241.00 price target on Jabil in a research report on Sunday, September 28th. Barclays lifted their target price on shares of Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, September 26th. Bank of America upped their price target on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, September 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Finally, Zacks Research cut shares of Jabil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. One 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. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $248.43.

Check Out Our Latest Analysis on JBL

Jabil Stock Performance

Shares of JBL opened at $212.00 on Wednesday. The company has a market capitalization of $22.65 billion, a PE ratio of 35.57, a P/E/G ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $237.14. The company has a 50-day simple moving average of $208.58 and a 200-day simple moving average of $207.09. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57.

Jabil (NYSE:JBLGet Free Report) last issued its earnings results on Thursday, September 25th. The technology company reported $3.29 earnings per share for the quarter, topping the consensus estimate of $2.92 by $0.37. Jabil had a net margin of 2.20% and a return on equity of 68.63%. The company had revenue of $8.25 billion for the quarter, compared to analyst estimates of $7.63 billion. During the same period in the prior year, the business posted $2.30 earnings per share. The firm’s revenue for the quarter was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. Equities research analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, November 17th were issued a $0.08 dividend. The ex-dividend date was Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Jabil’s dividend payout ratio is currently 5.37%.

About Jabil

(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).

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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