Deltec Asset Management LLC Buys 1,500 Shares of Jabil, Inc. $JBL

Deltec Asset Management LLC boosted its stake in shares of Jabil, Inc. (NYSE:JBL) by 15.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,500 shares of the technology company’s stock after buying an additional 1,500 shares during the quarter. Deltec Asset Management LLC’s holdings in Jabil were worth $2,622,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Horizon Corp bought a new stake in Jabil during the 3rd quarter valued at about $30,000. True Wealth Design LLC lifted 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 valued at $30,000 after buying an additional 100 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in Jabil during the 3rd quarter valued at about $43,000. Rothschild Investment LLC lifted 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 in the last quarter. Finally, Caitlin John LLC bought a new stake in Jabil during the 3rd quarter valued at about $47,000. Institutional investors own 93.39% of the company’s stock.

Jabil Trading Down 0.0%

NYSE:JBL opened at $341.50 on Monday. Jabil, Inc. has a one year low of $142.03 and a one year high of $346.22. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. The firm has a market cap of $36.03 billion, a P/E ratio of 45.84, a P/E/G ratio of 1.77 and a beta of 1.16. The firm has a 50-day simple moving average of $275.82 and a 200-day simple moving average of $242.34.

Jabil (NYSE:JBL) last posted its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 EPS for the quarter, beating the consensus estimate of $2.51 by $0.18. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The business had revenue of $8.28 billion during the quarter, compared to analyst estimates of $7.75 billion. During the same quarter in the previous year, the business posted $1.94 EPS. The company’s quarterly revenue was up 23.1% compared to the same quarter last year. Equities analysts anticipate that Jabil, Inc. will post 11.3 EPS for the current fiscal year.

Jabil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th will be issued a $0.08 dividend. The ex-dividend date is Friday, May 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s payout ratio is currently 4.30%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on JBL shares. Bank of America lifted their price objective on shares of Jabil from $295.00 to $354.00 and gave the company a “buy” rating in a report on Monday, April 20th. Wall Street Zen lowered shares of Jabil from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 11th. UBS Group lifted their price objective on shares of Jabil from $244.00 to $254.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Barclays lifted their price objective on shares of Jabil from $283.00 to $304.00 and gave the company an “overweight” rating in a report on Wednesday, March 18th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Jabil from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $290.63.

Insiders Place Their Bets

In other news, EVP Andrew Priestley sold 3,169 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $330.00, for a total value of $1,045,770.00. Following the completion of the sale, the executive vice president owned 57,098 shares in the company, valued at approximately $18,842,340. The trade was a 5.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Anousheh Ansari sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $300.00, for a total transaction of $600,000.00. Following the transaction, the director owned 31,800 shares of the company’s stock, valued at approximately $9,540,000. This trade represents a 5.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 37,403 shares of company stock worth $11,123,611. 1.35% of the stock is owned by corporate insiders.

About Jabil

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.