Sei Investments Co. cut its position in Jabil, Inc. (NYSE:JBL – Free Report) by 10.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 237,327 shares of the technology company’s stock after selling 27,135 shares during the quarter. Sei Investments Co.’s holdings in Jabil were worth $63,042,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Todd Asset Management LLC increased its stake in shares of Jabil by 1.9% in the 4th quarter. Todd Asset Management LLC now owns 336,356 shares of the technology company’s stock valued at $76,696,000 after purchasing an additional 6,179 shares during the last quarter. Jackson Creek Investment Advisors LLC lifted its position in shares of Jabil by 386.2% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock worth $2,574,000 after buying an additional 8,968 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in Jabil in the fourth quarter valued at about $7,061,000. Allstate Corp boosted its stake in Jabil by 98.0% in the fourth quarter. Allstate Corp now owns 7,959 shares of the technology company’s stock valued at $1,815,000 after buying an additional 3,939 shares in the last quarter. Finally, National Pension Service grew its position in Jabil by 582.6% in the fourth quarter. National Pension Service now owns 224,903 shares of the technology company’s stock valued at $51,282,000 after acquiring an additional 191,956 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.
Analyst Ratings Changes
Several research analysts have commented on JBL shares. Barclays boosted their target price on Jabil from $304.00 to $426.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Weiss Ratings raised shares of Jabil from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. lifted their price target on shares of Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Argus set a $475.00 price objective on shares of Jabil in a research report on Thursday, June 18th. Finally, Raymond James Financial raised their target price on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $453.67.
Jabil Trading Down 3.0%
Shares of JBL stock opened at $312.28 on Friday. Jabil, Inc. has a twelve month low of $189.60 and a twelve month high of $428.93. The stock’s fifty day simple moving average is $352.15 and its 200 day simple moving average is $302.26. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The firm has a market capitalization of $32.72 billion, a P/E ratio of 38.99, a P/E/G ratio of 0.94 and a beta of 1.28.
Jabil (NYSE:JBL – Get Free Report) last posted its earnings results on Wednesday, June 17th. The technology company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The firm had revenue of $8.75 billion during the quarter, compared to the consensus estimate of $8.61 billion. During the same period last year, the company earned $2.55 earnings per share. The business’s quarterly revenue was up 11.8% on a year-over-year basis. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. As a group, sell-side analysts predict that Jabil, Inc. will post 11.71 EPS for the current fiscal year.
Jabil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is 4.00%.
Insider Buying and Selling
In other Jabil news, EVP Matthew Crowley sold 94 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the completion of the transaction, the executive vice president directly owned 57,536 shares in the company, valued at approximately $19,849,920. This represents a 0.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Gary K. Schick sold 1,000 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the transaction, the senior vice president directly owned 39,843 shares of the company’s stock, valued at $13,546,620. The trade was a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.35% of the stock is owned by company insiders.
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.
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