Venturi Wealth Management LLC Buys New Position in Jabil, Inc. $JBL

Venturi Wealth Management LLC bought a new stake in Jabil, Inc. (NYSE:JBLFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,154 shares of the technology company’s stock, valued at approximately $252,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of JBL. Creative Financial Designs Inc. ADV acquired a new position in shares of Jabil during the 1st quarter worth approximately $27,000. Harbor Capital Advisors Inc. increased its position in shares of Jabil by 110.5% during the 1st quarter. Harbor Capital Advisors Inc. now owns 221 shares of the technology company’s stock worth $30,000 after purchasing an additional 116 shares during the last quarter. Groupe la Francaise increased its position in shares of Jabil by 35.2% during the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company’s stock worth $34,000 after purchasing an additional 64 shares during the last quarter. Golden State Wealth Management LLC increased its position in shares of Jabil by 2,400.0% during the 1st quarter. Golden State Wealth Management LLC now owns 275 shares of the technology company’s stock worth $37,000 after purchasing an additional 264 shares during the last quarter. Finally, Wayfinding Financial LLC acquired a new position in shares of Jabil during the 1st quarter worth approximately $52,000. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Performance

Shares of NYSE JBL opened at $194.00 on Friday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.00 and a quick ratio of 0.66. The stock’s fifty day moving average price is $213.34 and its two-hundred day moving average price is $188.78. Jabil, Inc. has a one year low of $108.66 and a one year high of $237.14. The firm has a market cap of $20.82 billion, a price-to-earnings ratio of 32.55, a P/E/G ratio of 1.45 and a beta of 1.26.

Jabil (NYSE:JBLGet Free Report) last issued its quarterly earnings data on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.92 by ($0.93). Jabil had a net margin of 2.20% and a return on equity of 68.63%. The firm had revenue of $8.30 billion during the quarter, compared to analyst estimates of $7.63 billion. During the same period in the prior year, the company earned $2.30 earnings per share. The business’s quarterly revenue was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. On average, equities analysts forecast that Jabil, Inc. will post 8.05 EPS for the current year.

Jabil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Friday, August 15th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 15th. Jabil’s dividend payout ratio is currently 5.37%.

Insider Transactions at Jabil

In other Jabil news, EVP Andrew Priestley sold 3,782 shares of the company’s stock in a transaction on Monday, July 21st. The stock was sold at an average price of $225.00, for a total value of $850,950.00. Following the transaction, the executive vice president directly owned 48,535 shares of the company’s stock, valued at $10,920,375. This represents a 7.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Steven A. Raymund sold 13,432 shares of the company’s stock in a transaction on Monday, July 21st. The shares were sold at an average price of $223.11, for a total value of $2,996,813.52. Following the sale, the director owned 86,396 shares of the company’s stock, valued at approximately $19,275,811.56. The trade was a 13.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 85,416 shares of company stock valued at $18,367,889. Corporate insiders own 1.73% of the company’s stock.

Wall Street Analysts Forecast Growth

JBL has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Jabil in a research report on Saturday, September 27th. Stifel Nicolaus started coverage on Jabil in a research report on Wednesday, July 2nd. They set a “buy” rating and a $245.00 price target on the stock. Bank of America boosted their target price on Jabil from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Wall Street Zen raised Jabil from a “buy” rating to a “strong-buy” rating in a report on Friday, October 3rd. Finally, Argus raised Jabil from a “hold” rating to a “buy” rating in a report on Wednesday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $248.43.

Get Our Latest Report on Jabil

Jabil Company Profile

(Free Report)

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

See Also

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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