Cerity Partners LLC Raises Position in Jabil, Inc. $JBL

Cerity Partners LLC increased its stake in Jabil, Inc. (NYSE:JBL) by 6.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 95,659 shares of the technology company’s stock after acquiring an additional 5,933 shares during the period. Cerity Partners LLC owned approximately 0.09% of Jabil worth $20,863,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Fifth Third Wealth Advisors LLC acquired a new stake in Jabil during the second quarter valued at $275,000. JPMorgan Chase & Co. raised its stake in shares of Jabil by 5.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,302,307 shares of the technology company’s stock worth $502,133,000 after purchasing an additional 129,212 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Jabil by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 413,902 shares of the technology company’s stock valued at $90,272,000 after buying an additional 3,752 shares during the last quarter. Boston Partners grew its stake in shares of Jabil by 224.4% in the 2nd quarter. Boston Partners now owns 1,898,681 shares of the technology company’s stock valued at $414,119,000 after buying an additional 1,313,338 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Jabil by 41.9% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 89,912 shares of the technology company’s stock worth $19,610,000 after buying an additional 26,554 shares during the last quarter. 93.39% of the stock is currently owned by hedge funds and other institutional investors.

Jabil Stock Up 1.2%

JBL stock opened at $228.08 on Wednesday. The stock has a market capitalization of $24.37 billion, a price-to-earnings ratio of 38.27, a price-to-earnings-growth ratio of 1.60 and a beta of 1.26. The company has a 50-day moving average of $209.03 and a two-hundred day moving average of $209.03. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $237.14. 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 (NYSE:JBL) last posted its quarterly earnings data on Thursday, September 25th. The technology company reported $3.29 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.37. Jabil had a return on equity of 68.63% and a net margin of 2.20%.The company had revenue of $8.25 billion during the quarter, compared to analysts’ expectations of $7.63 billion. During the same period in the prior year, the business earned $2.30 earnings per share. Jabil’s revenue for the quarter was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS and its FY 2026 guidance at 11.000-11.000 EPS. As a group, equities research analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were paid a dividend of $0.08 per share. The ex-dividend date was Monday, November 17th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s dividend payout ratio (DPR) is currently 5.37%.

Insider Activity at Jabil

In other Jabil news, SVP Gary K. Schick sold 453 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $220.69, for a total value of $99,972.57. Following the sale, the senior vice president directly owned 42,208 shares in the company, valued at $9,314,883.52. This represents a 1.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP May Yee Yap sold 8,858 shares of the stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $225.03, for a total transaction of $1,993,315.74. Following the sale, the senior vice president owned 25,421 shares of the company’s stock, valued at $5,720,487.63. This trade represents a 25.84% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 131,762 shares of company stock valued at $28,129,921. Corporate insiders own 1.73% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on JBL. UBS Group set a $241.00 target price on shares of Jabil in a research note on Sunday, September 28th. Bank of America lifted their price objective on shares of Jabil from $245.00 to $255.00 and gave the company a “buy” rating in a research note 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. Raymond James Financial set a $260.00 price target on Jabil in a research report on Thursday, September 25th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Jabil has a consensus rating of “Moderate Buy” and a consensus price target of $248.43.

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).