Jabil (NYSE:JBL) Chairman Sells $8,310,800.00 in Stock

Jabil, Inc. (NYSE:JBL) Chairman Mark Mondello sold 40,000 shares of the stock in a transaction on Friday, October 17th. The stock was sold at an average price of $207.77, for a total value of $8,310,800.00. Following the sale, the chairman owned 1,258,942 shares in the company, valued at approximately $261,570,379.34. This represents a 3.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Jabil Stock Down 1.2%

JBL opened at $198.78 on Thursday. The stock has a market cap of $21.24 billion, a PE ratio of 33.35, a P/E/G ratio of 1.43 and a beta of 1.26. 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 52 week low of $108.66 and a 52 week high of $237.14. The business’s fifty day simple moving average is $210.36 and its 200 day simple moving average is $192.64.

Jabil (NYSE:JBL) last released its earnings results on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm had revenue of $8.30 billion during the quarter, compared to the consensus estimate of $7.63 billion. During the same period in the prior year, the company earned $2.30 EPS. The firm’s revenue was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. As a group, research analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.

Jabil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th will be issued a $0.08 dividend. The ex-dividend date is Monday, November 17th. This represents a $0.32 annualized dividend and a yield of 0.2%. Jabil’s dividend payout ratio (DPR) is 5.37%.

Analysts Set New Price Targets

Several analysts have commented on JBL shares. UBS Group set a $241.00 price objective on shares of Jabil in a report on Sunday, September 28th. Wall Street Zen upgraded shares of Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Bank of America lifted their target price on shares of Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, September 26th. Zacks Research downgraded shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Finally, Raymond James Financial set a $260.00 price objective on shares of Jabil in a research report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Jabil has a consensus rating of “Moderate Buy” and an average target price of $248.43.

Institutional Investors Weigh In On Jabil

A number of institutional investors and hedge funds have recently bought and sold shares of JBL. GFG Capital LLC bought a new position in Jabil during the second quarter worth about $26,000. True Wealth Design LLC grew its holdings in Jabil by 250.0% during the 3rd quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock worth $30,000 after acquiring an additional 100 shares in the last quarter. Traub Capital Management LLC acquired a new position in Jabil during the 2nd quarter worth $33,000. Assetmark Inc. grew its holdings 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 acquiring an additional 49 shares in the last quarter. Finally, Westside Investment Management Inc. grew its stake in Jabil by 757.1% in the second quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock worth $39,000 after purchasing an additional 159 shares in the last quarter. 93.39% of the stock is owned by institutional investors and hedge funds.

Jabil Company Profile

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).