Jabil, Inc. $JBL Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in Jabil, Inc. (NYSE:JBL) by 68.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,433 shares of the technology company’s stock after acquiring an additional 2,216 shares during the quarter. Vise Technologies Inc.’s holdings in Jabil were worth $1,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Westfield Capital Management Co. LP acquired a new position in shares of Jabil in the 3rd quarter valued at $57,799,000. Envestnet Asset Management Inc. lifted its stake in shares of Jabil by 9.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 311,883 shares of the technology company’s stock valued at $67,732,000 after purchasing an additional 25,932 shares during the period. Jackson Creek Investment Advisors LLC lifted its stake in shares of Jabil by 386.2% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 11,290 shares of the technology company’s stock valued at $2,574,000 after purchasing an additional 8,968 shares during the period. Todd Asset Management LLC lifted 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 period. Finally, Jefferies Financial Group Inc. acquired a new position in shares of Jabil in the 4th quarter valued at $7,061,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Andrew Priestley sold 4,000 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $301.00, for a total transaction of $1,204,000.00. Following the transaction, the executive vice president owned 60,267 shares of the company’s stock, valued at approximately $18,140,367. The trade was a 6.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Steven D. Borges sold 7,000 shares of the business’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $290.00, for a total transaction of $2,030,000.00. Following the transaction, the executive vice president directly owned 76,524 shares in the company, valued at approximately $22,191,960. The trade was a 8.38% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 37,981 shares of company stock worth $11,360,740. Insiders own 1.35% of the company’s stock.

Jabil Trading Up 2.9%

Shares of JBL stock opened at $363.56 on Tuesday. The company’s 50-day moving average price is $330.72 and its 200-day moving average price is $272.22. The company has a current ratio of 1.01, a quick ratio of 0.68 and a debt-to-equity ratio of 2.50. The stock has a market cap of $38.36 billion, a price-to-earnings ratio of 48.80, a PEG ratio of 1.83 and a beta of 1.28. Jabil, Inc. has a twelve month low of $175.07 and a twelve month high of $384.70.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, March 18th. The technology company reported $2.69 earnings per share for the quarter, beating the consensus estimate of $2.51 by $0.18. The firm had revenue of $8.28 billion for the quarter, compared to analysts’ expectations of $7.75 billion. Jabil had a net margin of 2.48% and a return on equity of 80.96%. The company’s revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.94 EPS. As a group, equities analysts predict that Jabil, Inc. will post 11.3 earnings per share for the current year.

Jabil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s payout ratio is presently 4.30%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Weiss Ratings cut shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Bank of America boosted their target price on shares of Jabil from $295.00 to $354.00 and gave the company a “buy” rating in a research note on Monday, April 20th. The Goldman Sachs Group boosted their target price on shares of Jabil from $336.00 to $384.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Stifel Nicolaus boosted their price target on shares of Jabil from $255.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, Wall Street Zen lowered shares of Jabil from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $303.38.

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.