Andra AP fonden trimmed its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 51.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,694 shares of the technology company’s stock after selling 9,300 shares during the period. Andra AP fonden’s holdings in Jabil were worth $1,888,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of JBL. True Wealth Design LLC boosted its holdings in Jabil by 250.0% in the third quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock worth $30,000 after purchasing an additional 100 shares in the last quarter. First Horizon Corp acquired a new stake in shares of Jabil in the third quarter worth about $30,000. Traub Capital Management LLC bought a new stake in shares of Jabil during the 2nd quarter worth about $33,000. Assetmark Inc. increased its holdings in shares of 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 acquiring an additional 49 shares during the last quarter. Finally, Westside Investment Management Inc. raised its stake in shares of Jabil by 757.1% in the 2nd quarter. Westside Investment Management Inc. now owns 180 shares of the technology company’s stock valued at $39,000 after acquiring an additional 159 shares in the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.
Insiders Place Their Bets
In other news, Director Anousheh Ansari sold 500 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $252.00, for a total value of $126,000.00. Following the sale, the director owned 33,900 shares in the company, valued at approximately $8,542,800. The trade was a 1.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Mark T. Mondello sold 17,200 shares of the stock in a transaction dated 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 $277,864,750. This trade represents a 1.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 161,529 shares of company stock worth $37,901,485 over the last quarter. Corporate insiders own 1.35% of the company’s stock.
Jabil Trading Down 2.7%
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Wednesday, December 17th. The technology company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. Jabil had a net margin of 2.26% and a return on equity of 75.96%. The business had revenue of $8.31 billion for the quarter, compared to analysts’ expectations of $8.07 billion. During the same quarter in the previous year, the firm posted $2.00 earnings per share. The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. On average, equities research analysts forecast that Jabil, Inc. will post 8.05 earnings per share for the current fiscal year.
Jabil Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th will be given 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 is Tuesday, February 17th. Jabil’s dividend payout ratio (DPR) is 4.98%.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on JBL. Bank of America set a $265.00 target price on Jabil in a research report on Thursday, December 18th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Jabil in a report on Thursday, December 18th. Barclays raised their target price on shares of Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. JPMorgan Chase & Co. boosted their target price on shares of Jabil from $260.00 to $270.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Finally, Wall Street Zen downgraded Jabil from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $264.14.
Check Out Our Latest Stock Analysis on JBL
Jabil 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.
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