Y Intercept Hong Kong Ltd Trims Stake in Jabil, Inc. $JBL

Y Intercept Hong Kong Ltd cut its stake in shares of Jabil, Inc. (NYSE:JBL) by 67.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,512 shares of the technology company’s stock after selling 22,161 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Jabil were worth $2,792,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. PenderFund Capital Management Ltd. raised its stake in shares of Jabil by 3.3% in the fourth quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after buying an additional 40 shares during the period. Root Financial Partners LLC increased its holdings in Jabil by 11.1% in the 1st quarter. Root Financial Partners LLC now owns 432 shares of the technology company’s stock worth $115,000 after acquiring an additional 43 shares in the last quarter. Cidel Asset Management Inc. increased its holdings in Jabil by 4.8% in the 1st quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock worth $263,000 after acquiring an additional 45 shares in the last quarter. Hilton Head Capital Partners LLC raised its position in shares of Jabil by 24.6% during the 1st quarter. Hilton Head Capital Partners LLC now owns 263 shares of the technology company’s stock valued at $70,000 after purchasing an additional 52 shares during the period. Finally, Brown Brothers Harriman & Co. raised its holdings 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 period. Institutional investors own 93.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on JBL. Robert W. Baird boosted their target price on shares of Jabil from $355.00 to $440.00 and gave the stock an “outperform” rating in a report on Thursday, June 18th. Bank of America reaffirmed a “buy” rating and set a $470.00 price target on shares of Jabil 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 research note on Wednesday, July 1st. Barclays boosted their target price on Jabil from $304.00 to $426.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Finally, Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the stock a “buy” rating in a research report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $453.67.

Insiders Place Their Bets

In other news, EVP Andrew Priestley sold 3,169 shares of the business’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $330.00, for a total transaction of $1,045,770.00. Following the sale, the executive vice president owned 57,098 shares in the company, valued at approximately $18,842,340. The trade was a 5.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Anousheh Ansari sold 2,000 shares of the business’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $300.00, for a total transaction of $600,000.00. Following the sale, the director directly owned 31,800 shares in the company, valued at $9,540,000. This trade represents a 5.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 18,514 shares of company stock valued at $5,795,989. 1.35% of the stock is currently owned by corporate insiders.

Jabil Price Performance

Shares of JBL opened at $319.90 on Wednesday. The company has a 50 day moving average price of $359.76 and a 200-day moving average price of $294.77. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98. The stock has a market capitalization of $33.52 billion, a PE ratio of 39.94, a PEG ratio of 1.01 and a beta of 1.28. Jabil, Inc. has a fifty-two week low of $189.60 and a fifty-two week high of $428.93.

Jabil (NYSE:JBL) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The business had revenue of $8.75 billion for the quarter, compared to the consensus estimate of $8.61 billion. During the same period last year, the business posted $2.55 EPS. The business’s revenue was up 11.8% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Equities analysts predict that Jabil, Inc. will post 11.71 earnings per share for the current fiscal year.

Jabil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, May 15th. Jabil’s payout ratio is 4.00%.

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.