2,403 Jabil, Inc. $JBL Shares Sold by James Investment Research Inc.

James Investment Research Inc. reduced its holdings in Jabil, Inc. (NYSE:JBL) by 7.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,781 shares of the technology company’s stock after selling 2,403 shares during the period. Jabil makes up about 1.0% of James Investment Research Inc.’s investment portfolio, making the stock its 24th biggest position. James Investment Research Inc.’s holdings in Jabil were worth $8,830,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Inspire Investing LLC boosted its position in shares of Jabil by 13.0% in the 3rd quarter. Inspire Investing LLC now owns 20,692 shares of the technology company’s stock worth $5,936,000 after purchasing an additional 2,386 shares during the last quarter. MBL Wealth LLC acquired a new stake in shares of Jabil during the third quarter worth $305,000. Root Financial Partners LLC grew its stake in shares of Jabil by 24.9% during the third quarter. Root Financial Partners LLC now owns 782 shares of the technology company’s stock worth $224,000 after purchasing an additional 156 shares during the period. Reyes Financial Architecture Inc. bought a new stake in Jabil in the third quarter valued at about $41,000. Finally, Range Financial Group LLC increased its holdings in Jabil by 3.2% in the third quarter. Range Financial Group LLC now owns 2,115 shares of the technology company’s stock valued at $607,000 after purchasing an additional 65 shares during the last quarter. 93.39% of the stock is owned by institutional investors.

Jabil Stock Up 2.5%

NYSE:JBL opened at $274.12 on Friday. Jabil, Inc. has a 1 year low of $189.60 and a 1 year high of $428.93. The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 1.78. The stock has a market cap of $28.73 billion, a price-to-earnings ratio of 28.03, a PEG ratio of 0.80 and a beta of 1.30. The stock has a 50-day moving average price of $304.50 and a two-hundred day moving average price of $328.72.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, September 30th. The technology company reported $4.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.05 by $0.35. The company had revenue of $10.62 billion during the quarter, compared to the consensus estimate of $9.69 billion. Jabil had a return on equity of 89.50% and a net margin of 2.90%. The company’s revenue for the quarter was up 28.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.29 earnings per share. Jabil has set its Q1 2027 guidance at 3.800-4.200 EPS and its FY 2027 guidance at 17.550-17.550 EPS. As a group, equities analysts expect that Jabil, Inc. will post 16.53 earnings per share for the current year.

Jabil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Monday, November 16th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, November 16th. Jabil’s dividend payout ratio is presently 3.27%.

Insider Transactions at Jabil

In other Jabil news, SVP Gary Schick sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $277.16, for a total transaction of $277,160.00. Following the sale, the senior vice president directly owned 37,314 shares in the company, valued at approximately $10,341,948.24. This trade represents a 2.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Weiss Ratings lowered Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 16th. The Goldman Sachs Group decreased their target price on Jabil from $482.00 to $375.00 and set a “buy” rating for the company in a research report on Tuesday, September 8th. JPMorgan Chase & Co. upped their price target on Jabil from $425.00 to $430.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Zacks Research upgraded shares of Jabil from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 7th. Finally, Barclays cut their price target on shares of Jabil from $426.00 to $378.00 and set an “overweight” rating on the stock in a research report on Thursday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $434.22.

Jabil Profile

Jabil Inc is a global manufacturing services company that helps leading brands design, produce and manage the supply chains for a wide range of products. Its services include product design and engineering, electronics and mechanical manufacturing, assembly, testing, packaging, supply chain management and aftermarket services.

The company serves customers across several industries, including cloud and data center infrastructure, automotive, healthcare, mobility, consumer products, industrial technology and packaging.