Jabil, Inc. $JBL Stake Lifted by Todd Asset Management LLC

Todd Asset Management LLC lifted its stake in Jabil, Inc. (NYSE:JBL) by 1.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 336,356 shares of the technology company’s stock after acquiring an additional 6,179 shares during the quarter. Jabil comprises approximately 1.5% of Todd Asset Management LLC’s portfolio, making the stock its 10th largest position. Todd Asset Management LLC’s holdings in Jabil were worth $76,696,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Savant Capital LLC boosted its holdings in Jabil by 0.9% in the 3rd quarter. Savant Capital LLC now owns 5,828 shares of the technology company’s stock worth $1,266,000 after acquiring an additional 54 shares during the period. Brown Brothers Harriman & Co. raised its stake in shares of Jabil by 1.9% during the third quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company’s stock valued at $630,000 after purchasing an additional 54 shares during the period. Measured Wealth Private Client Group LLC lifted its position in shares of Jabil by 2.1% during the third quarter. Measured Wealth Private Client Group LLC now owns 2,823 shares of the technology company’s stock worth $613,000 after purchasing an additional 59 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Jabil by 2.8% during the third quarter. Tower Research Capital LLC TRC now owns 2,225 shares of the technology company’s stock worth $483,000 after purchasing an additional 60 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of Jabil by 8.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 752 shares of the technology company’s stock valued at $171,000 after purchasing an additional 61 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Performance

Shares of JBL opened at $364.22 on Monday. The business’s 50 day moving average is $307.65 and its two-hundred day moving average is $259.95. Jabil, Inc. has a 52-week low of $161.52 and a 52-week high of $372.37. The firm has a market cap of $38.43 billion, a price-to-earnings ratio of 48.89, a PEG ratio of 1.89 and a beta of 1.29. The company has a quick ratio of 0.68, a current ratio of 1.01 and a debt-to-equity ratio of 2.50.

Jabil (NYSE:JBL) last announced its earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.51 by $0.18. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The company had revenue of $8.28 billion for the quarter, compared to analyst estimates of $7.75 billion. During the same period in the prior year, the company posted $1.94 EPS. Jabil’s quarterly revenue was up 23.1% on a year-over-year basis. Analysts forecast that Jabil, Inc. will post 11.3 EPS for the current fiscal year.

Jabil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, May 15th. Jabil’s dividend payout ratio is presently 4.30%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Weiss Ratings lowered shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. The Goldman Sachs Group upped their price objective on shares of Jabil from $336.00 to $384.00 and gave the company a “buy” rating in a research report on Thursday. Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 11th. Robert W. Baird lifted their target price on Jabil from $275.00 to $281.00 and gave the stock an “outperform” rating in a research report on Thursday, March 19th. Finally, Stifel Nicolaus boosted their price target on Jabil from $255.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Jabil currently has a consensus rating of “Moderate Buy” and an average target price of $303.38.

Insider Buying and Selling

In other Jabil news, SVP May Yee Yap sold 1,634 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $306.74, for a total value of $501,213.16. Following the transaction, the senior vice president directly owned 23,787 shares of the company’s stock, valued at $7,296,424.38. This represents a 6.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Andrew Priestley sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $301.00, for a total value of $1,204,000.00. Following the completion of the transaction, the executive vice president directly owned 60,267 shares in the company, valued at approximately $18,140,367. The trade was a 6.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 37,981 shares of company stock worth $11,360,740 over the last 90 days. 1.35% of the stock is currently owned by corporate insiders.

Jabil Company Profile

Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.

Founded in 1966 by William E.