Spire Wealth Management lessened its stake in Jabil, Inc. (NYSE:JBL – Free Report) by 84.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 379 shares of the technology company’s stock after selling 2,050 shares during the quarter. Spire Wealth Management’s holdings in Jabil were worth $83,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in JBL. GFG Capital LLC acquired a new position in Jabil in the 2nd quarter valued at approximately $26,000. Groupe la Francaise increased its stake in Jabil by 35.2% in the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after buying an additional 64 shares during the period. Hantz Financial Services Inc. increased its stake in Jabil by 45.4% in the 2nd 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 during the period. Financial Management Professionals Inc. increased its stake in Jabil by 58.1% in the 2nd quarter. Financial Management Professionals Inc. now owns 264 shares of the technology company’s stock valued at $58,000 after buying an additional 97 shares during the period. Finally, Activest Wealth Management increased its stake in Jabil by 31.8% in the 2nd quarter. Activest Wealth Management now owns 278 shares of the technology company’s stock valued at $61,000 after buying an additional 67 shares during the period. Institutional investors and hedge funds own 93.39% of the company’s stock.
Insider Buying and Selling at Jabil
In related news, SVP Francis Mckay sold 2,526 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $224.47, for a total transaction of $567,011.22. Following the completion of the transaction, the senior vice president directly owned 40,963 shares in the company, valued at $9,194,964.61. This represents a 5.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Mark T. Mondello sold 20,000 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $220.83, for a total transaction of $4,416,600.00. Following the transaction, the chairman owned 1,228,359 shares of the company’s stock, valued at approximately $271,258,517.97. The trade was a 1.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 131,762 shares of company stock worth $27,886,321 in the last quarter. 1.73% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on JBL
Jabil Price Performance
NYSE JBL opened at $218.17 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.57. The company has a fifty day simple moving average of $211.54 and a 200 day simple moving average of $199.41. The company has a market cap of $23.31 billion, a P/E ratio of 36.61, a P/E/G ratio of 1.58 and a beta of 1.26. Jabil, Inc. has a 1 year low of $108.66 and a 1 year high of $237.14.
Jabil (NYSE:JBL – Get Free Report) last posted its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.92 by ($0.93). The firm had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.Jabil’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.30 earnings per share. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. On average, sell-side analysts predict that Jabil, Inc. will post 8.05 EPS for the current year.
Jabil Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Monday, November 17th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, November 17th. Jabil’s dividend payout ratio is currently 5.37%.
Jabil 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).
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