MUFG Securities EMEA plc Boosts Stake in Jabil, Inc. $JBL

MUFG Securities EMEA plc lifted its holdings in Jabil, Inc. (NYSE:JBL) by 113.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,380 shares of the technology company’s stock after purchasing an additional 2,326 shares during the quarter. MUFG Securities EMEA plc’s holdings in Jabil were worth $999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Savant Capital LLC increased its position in Jabil by 0.9% during the third quarter. Savant Capital LLC now owns 5,828 shares of the technology company’s stock valued at $1,266,000 after acquiring an additional 54 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in Jabil by 1.9% during the third quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company’s stock valued at $630,000 after acquiring an additional 54 shares during the last quarter. Measured Wealth Private Client Group LLC increased its position in Jabil by 2.1% during the third quarter. Measured Wealth Private Client Group LLC now owns 2,823 shares of the technology company’s stock valued at $613,000 after acquiring an additional 59 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Jabil by 2.8% during the third quarter. Tower Research Capital LLC TRC now owns 2,225 shares of the technology company’s stock valued at $483,000 after acquiring an additional 60 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its position in Jabil by 8.8% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 752 shares of the technology company’s stock valued at $171,000 after acquiring an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.

Insider Buying and Selling at Jabil

In other news, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $340.00, for a total value of $340,000.00. Following the completion of the transaction, the senior vice president owned 39,843 shares of the company’s stock, valued at $13,546,620. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Steven D. Borges sold 5,126 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $317.51, for a total value of $1,627,556.26. Following the completion of the transaction, the executive vice president directly owned 71,398 shares of the company’s stock, valued at approximately $22,669,578.98. This trade represents a 6.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 37,981 shares of company stock valued at $11,360,740 in the last ninety days. 1.35% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on JBL shares. Bank of America upped their price objective on Jabil from $295.00 to $354.00 and gave the company a “buy” rating in a research report on Monday, April 20th. UBS Group upped their price objective on Jabil from $244.00 to $254.00 and gave the company a “neutral” rating in a research report on Tuesday, March 10th. The Goldman Sachs Group upped their price objective on Jabil from $336.00 to $384.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Wall Street Zen cut Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, Weiss Ratings cut Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Jabil currently has an average rating of “Moderate Buy” and a consensus price target of $303.38.

Jabil Stock Performance

NYSE:JBL opened at $373.56 on Wednesday. The stock has a 50-day simple moving average of $320.76 and a two-hundred day simple moving average of $266.39. Jabil, Inc. has a 52-week low of $167.87 and a 52-week high of $381.94. 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 capitalization of $39.41 billion, a PE ratio of 50.14, a P/E/G ratio of 1.87 and a beta of 1.28.

Jabil (NYSE:JBL) last released its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.51 by $0.18. Jabil had a return on equity of 80.96% and a net margin of 2.48%.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 company posted $1.94 earnings per share. Jabil’s revenue for the quarter was up 23.1% on a year-over-year basis. Analysts forecast that Jabil, Inc. will post 11.3 EPS for the current year.

Jabil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Friday, May 15th. Jabil’s payout ratio is currently 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.