Klein Pavlis & Peasley Financial Inc. Takes Position in Jabil, Inc. $JBL

Klein Pavlis & Peasley Financial Inc. purchased a new stake in shares of Jabil, Inc. (NYSE:JBL) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 6,656 shares of the technology company’s stock, valued at approximately $1,518,000.

Other institutional investors also recently bought and sold shares of the company. True Wealth Design LLC lifted its holdings in Jabil by 250.0% in the third quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock worth $30,000 after buying an additional 100 shares during the period. First Horizon Corp purchased a new position in shares of Jabil during the 3rd quarter worth approximately $30,000. Banque Cantonale Vaudoise bought a new position in shares of Jabil in the 3rd quarter worth approximately $43,000. Rothschild Investment LLC raised its position in shares of Jabil by 51.1% in the 3rd quarter. Rothschild Investment LLC now owns 213 shares of the technology company’s stock worth $46,000 after acquiring an additional 72 shares in the last quarter. Finally, Caitlin John LLC purchased a new position in shares of Jabil in the 3rd quarter valued at approximately $47,000. 93.39% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Jabil news, SVP Gary K. Schick sold 1,000 shares of Jabil stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $278.33, for a total value of $278,330.00. Following the completion of the transaction, the senior vice president directly owned 40,843 shares of the company’s stock, valued at approximately $11,367,832.19. The trade was a 2.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Adam E. Berry sold 1,596 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $253.20, for a total transaction of $404,107.20. Following the sale, the senior vice president owned 18,920 shares in the company, valued at approximately $4,790,544. The trade was a 7.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 80,018 shares of company stock worth $19,545,381 over the last quarter. 1.35% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on JBL shares. Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. JPMorgan Chase & Co. raised their price objective on Jabil from $270.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. The Goldman Sachs Group restated a “buy” rating and set a $282.00 target price on shares of Jabil in a report on Thursday, January 15th. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. Finally, Bank of America increased their price target on shares of Jabil from $280.00 to $295.00 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, seven have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $283.25.

Jabil Stock Performance

Jabil stock opened at $261.14 on Friday. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $283.76. The company has a quick ratio of 0.68, a current ratio of 1.01 and a debt-to-equity ratio of 2.50. The company has a market capitalization of $27.58 billion, a P/E ratio of 35.05, a PEG ratio of 1.36 and a beta of 1.22. The stock’s 50 day moving average is $255.75 and its 200 day moving average is $230.58.

Jabil (NYSE:JBL) last announced its quarterly earnings data 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 business had revenue of $8.28 billion during the quarter, compared to analysts’ expectations of $7.75 billion. During the same quarter in the previous year, the business earned $1.94 earnings per share. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. On average, equities research analysts predict that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were paid a $0.08 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is presently 4.30%.

About Jabil

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.