Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Takes Position in Jabil, Inc. $JBL

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group bought a new stake in Jabil, Inc. (NYSE:JBL) in the 4th quarter, HoldingsChannel.com reports. The firm bought 29,000 shares of the technology company’s stock, valued at approximately $6,613,000. Jabil makes up approximately 3.2% of Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s investment portfolio, making the stock its 13th largest holding.

A number of other large investors have also recently bought and sold shares of JBL. Arbejdsmarkedets Tillaegspension purchased a new stake in shares of Jabil in the fourth quarter valued at about $23,252,000. New York Life Investment Management LLC raised its holdings in shares of Jabil by 0.5% in the fourth quarter. New York Life Investment Management LLC now owns 14,675 shares of the technology company’s stock valued at $3,346,000 after buying an additional 79 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Jabil by 15.2% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 14,573 shares of the technology company’s stock valued at $3,371,000 after buying an additional 1,927 shares during the last quarter. Baader Bank Aktiengesellschaft raised its holdings in shares of Jabil by 8.4% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 2,242 shares of the technology company’s stock valued at $511,000 after buying an additional 173 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its holdings in shares of Jabil by 508.9% in the fourth quarter. Ameritas Advisory Services LLC now owns 1,431 shares of the technology company’s stock valued at $326,000 after buying an additional 1,196 shares during the last quarter. Institutional investors and hedge funds own 93.39% of the company’s stock.

Jabil Stock Down 0.3%

Shares of Jabil stock opened at $354.22 on Friday. The company has a market cap of $37.37 billion, a P/E ratio of 47.55, a PEG ratio of 1.84 and a beta of 1.29. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.68 and a current ratio of 1.01. Jabil, Inc. has a one year low of $161.52 and a one year high of $372.37. The firm has a fifty day moving average of $296.16 and a two-hundred day moving average of $254.56.

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

Jabil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Friday, May 15th. Jabil’s dividend payout ratio (DPR) is currently 4.30%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on JBL shares. Zacks Research raised shares of Jabil from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 15th. Barclays upped their target price on shares of Jabil from $283.00 to $304.00 and gave the company an “overweight” rating in a report on Wednesday, March 18th. Weiss Ratings cut shares of Jabil from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Robert W. Baird upped their price objective on shares of Jabil from $275.00 to $281.00 and gave the stock an “outperform” rating in a research report on Thursday, March 19th. Finally, Stifel Nicolaus upped their price objective on shares of Jabil from $255.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $290.63.

Insiders Place Their Bets

In other news, EVP Steven D. Borges sold 7,000 shares of the stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $290.00, for a total value of $2,030,000.00. Following the completion of the transaction, the executive vice president owned 76,524 shares in the company, valued at $22,191,960. This trade represents a 8.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Andrew Priestley sold 4,000 shares of the 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 completion of the transaction, the executive vice president owned 60,267 shares of the company’s stock, valued at $18,140,367. This represents a 6.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 37,981 shares of company stock worth $11,360,740. Insiders own 1.35% of the company’s stock.

About Jabil

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.