Ameritas Investment Partners Inc. Sells 2,306 Shares of Jabil, Inc. $JBL

Ameritas Investment Partners Inc. trimmed its position in Jabil, Inc. (NYSE:JBL) by 23.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,438 shares of the technology company’s stock after selling 2,306 shares during the period. Ameritas Investment Partners Inc.’s holdings in Jabil were worth $1,621,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in JBL. GFG Capital LLC bought a new stake in Jabil in the second quarter worth $26,000. Traub Capital Management LLC bought a new position in Jabil in the 2nd quarter worth about $33,000. Groupe la Francaise grew its position in Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock valued at $34,000 after purchasing an additional 64 shares during the last quarter. Assetmark Inc. grew its position in Jabil by 45.8% during the 2nd quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after purchasing an additional 49 shares during the last quarter. Finally, Westside Investment Management Inc. increased its stake in Jabil by 757.1% during the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after purchasing an additional 159 shares in the last quarter. Institutional investors own 93.39% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Bank of America raised their price target on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, September 26th. UBS Group set a $241.00 target price on Jabil in a report on Sunday, September 28th. Barclays boosted their price target on Jabil from $223.00 to $267.00 and gave the stock an “overweight” rating in a research note on Friday, September 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Jabil in a research report on Tuesday, October 14th. Finally, Wall Street Zen upgraded Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. One equities research 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, the company has a consensus rating of “Moderate Buy” and a consensus target price of $248.43.

Jabil Stock Up 1.8%

Shares of JBL stock opened at $207.63 on Thursday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. Jabil, Inc. has a one year low of $108.66 and a one year high of $237.14. The company’s fifty day moving average price is $210.08 and its 200-day moving average price is $205.57. The company has a market capitalization of $22.18 billion, a price-to-earnings ratio of 34.84, a PEG ratio of 1.58 and a beta of 1.26.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Thursday, September 25th. The technology company reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $0.37. The company had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $7.63 billion. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The firm’s revenue was up 18.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.30 EPS. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Sell-side analysts expect that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Jabil Dividend Announcement

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

Insider Activity at Jabil

In related news, Chairman Mark T. Mondello sold 40,000 shares of the firm’s stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $207.77, for a total value of $8,310,800.00. Following the transaction, the chairman owned 1,258,942 shares of the company’s stock, valued at $261,570,379.34. This trade represents a 3.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Matthew Crowley sold 3,877 shares of the firm’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $202.59, for a total transaction of $785,441.43. Following the transaction, the executive vice president directly owned 58,736 shares in the company, valued at approximately $11,899,326.24. This trade represents a 6.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 131,762 shares of company stock worth $27,886,321 in the last three months. 1.73% of the stock is owned by insiders.

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).