Cyndeo Wealth Partners LLC Acquires New Holdings in Jabil, Inc. $JBL

Cyndeo Wealth Partners LLC bought a new stake in shares of Jabil, Inc. (NYSE:JBL) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 2,056 shares of the technology company’s stock, valued at approximately $469,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First Horizon Corp purchased a new position in shares of Jabil during the 3rd quarter worth approximately $30,000. True Wealth Design LLC lifted its stake in Jabil by 250.0% in the 3rd quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock valued at $30,000 after buying an additional 100 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in Jabil in the 3rd quarter valued at approximately $43,000. Rothschild Investment LLC grew its holdings in Jabil by 51.1% during the 3rd quarter. Rothschild Investment LLC now owns 213 shares of the technology company’s stock valued at $46,000 after buying an additional 72 shares during the last quarter. Finally, Caitlin John LLC acquired a new stake in Jabil during the 3rd quarter valued at $47,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on JBL. Weiss Ratings reissued a “hold (c)” rating on shares of Jabil in a research report on Friday, January 9th. Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. Stifel Nicolaus boosted their target price on shares of Jabil from $255.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $283.25.

Insider Activity

In other Jabil news, SVP Adam E. Berry sold 1,596 shares of Jabil 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 transaction, the senior vice president directly owned 18,920 shares of the company’s stock, valued at $4,790,544. The trade was a 7.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman Mark T. Mondello sold 17,200 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $250.00, for a total transaction of $4,300,000.00. Following the sale, the chairman owned 1,111,459 shares of the company’s stock, valued at approximately $277,864,750. This represents a 1.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 78,018 shares of company stock worth $18,997,051. Insiders own 1.35% of the company’s stock.

Jabil Trading Up 5.1%

Shares of JBL opened at $266.59 on Tuesday. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $281.37. The firm has a market capitalization of $28.15 billion, a P/E ratio of 35.78, a price-to-earnings-growth ratio of 1.39 and a beta of 1.22. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 2.50. The stock’s fifty day simple moving average is $253.73 and its 200 day simple moving average is $228.98.

Jabil (NYSE:JBL) last posted its quarterly earnings results 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. The firm had revenue of $8.28 billion during the quarter, compared to the consensus estimate of $7.75 billion. Jabil had a return on equity of 80.96% and a net margin of 2.48%.The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.94 earnings per share. On average, equities research analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current year.

Jabil Announces Dividend

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

Jabil Company Profile

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.