Invesco Ltd. Lowers Stock Position in Jabil, Inc. $JBL

Invesco Ltd. trimmed its position in shares of Jabil, Inc. (NYSE:JBL) by 10.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,093,870 shares of the technology company’s stock after selling 245,199 shares during the period. Invesco Ltd. owned approximately 1.95% of Jabil worth $456,673,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GFG Capital LLC acquired a new stake in Jabil during the second quarter worth about $26,000. Traub Capital Management LLC acquired a new stake in Jabil during the 2nd quarter worth approximately $33,000. Assetmark Inc. increased its position in Jabil by 45.8% during the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock worth $34,000 after purchasing an additional 49 shares in the last quarter. Westside Investment Management Inc. raised its holdings in 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 buying an additional 159 shares during the period. Finally, Hantz Financial Services Inc. lifted its position in Jabil by 45.4% during the second quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock valued at $41,000 after buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Insiders Place Their Bets

In other Jabil news, SVP May Yee Yap sold 8,858 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $225.03, for a total transaction of $1,993,315.74. Following the transaction, the senior vice president owned 25,421 shares of the company’s stock, valued at $5,720,487.63. This trade represents a 25.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Gregory B. Hebard sold 6,086 shares of Jabil stock in a transaction that occurred on Tuesday, October 28th. The stock was sold at an average price of $213.54, for a total value 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 approximately $12,497,642.04. The trade was a 9.42% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 131,762 shares of company stock worth $28,129,921. Company insiders own 1.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on JBL. Raymond James Financial set a $260.00 price objective on shares of Jabil in a research report on Thursday, September 25th. Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Finally, Barclays increased their target price on Jabil from $223.00 to $267.00 and gave the company an “overweight” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $248.43.

Jabil Price Performance

Shares of NYSE JBL opened at $218.58 on Friday. 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, Inc. has a fifty-two week low of $108.66 and a fifty-two week high of $237.14. The business has a 50 day moving average price of $208.53 and a two-hundred day moving average price of $207.22. The firm has a market cap of $23.35 billion, a PE ratio of 36.67, a price-to-earnings-growth ratio of 1.52 and a beta of 1.26.

Jabil (NYSE:JBL) last released its earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, beating the consensus estimate of $2.92 by $0.37. The company had revenue of $8.25 billion during the quarter, compared to analysts’ expectations of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business’s revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th were given a $0.08 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s payout ratio is presently 5.37%.

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).