Avior Wealth Management LLC decreased its position in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 57.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,433 shares of the technology company’s stock after selling 1,974 shares during the period. Avior Wealth Management LLC’s holdings in Jabil were worth $552,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Western Wealth Management LLC bought a new position in shares of Jabil in the first quarter worth about $1,333,000. DV Trading LLC bought a new stake in Jabil during the 1st quarter valued at approximately $337,000. Parallel Advisors LLC boosted its stake in Jabil by 3.2% during the 1st quarter. Parallel Advisors LLC now owns 4,096 shares of the technology company’s stock valued at $1,088,000 after purchasing an additional 126 shares during the period. BankChampaign National Association acquired a new stake in Jabil in the 1st quarter valued at approximately $227,000. Finally, Groupe la Francaise increased its position in Jabil by 2,475.9% in the 1st quarter. Groupe la Francaise now owns 747 shares of the technology company’s stock worth $186,000 after buying an additional 718 shares during the period. 93.39% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, EVP Matthew Crowley sold 94 shares of the stock in a transaction dated 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 owned 57,536 shares of the company’s stock, valued at $19,849,920. This represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.35% of the stock is currently owned by insiders.
Jabil Stock Performance
Jabil (NYSE:JBL – Get Free Report) last posted its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.06. The firm had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.55 earnings per share. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Sell-side analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. Jabil’s payout ratio is presently 4.00%.
Wall Street Analyst Weigh In
JBL has been the subject of a number of research analyst reports. Zacks Research upgraded Jabil from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. raised their price objective on shares of Jabil from $395.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Wall Street Zen lowered shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Weiss Ratings raised shares of Jabil from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 1st. Finally, Robert W. Baird raised their price target on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Jabil currently has an average rating of “Buy” and an average price target of $453.67.
Get Our Latest 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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