Delphi Management Inc. MA lessened its holdings in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 29.4% during the first quarter, Holdings Channel.com reports. The firm owned 4,884 shares of the technology company’s stock after selling 2,030 shares during the quarter. Jabil makes up 1.6% of Delphi Management Inc. MA’s investment portfolio, making the stock its 10th biggest holding. Delphi Management Inc. MA’s holdings in Jabil were worth $1,297,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Greenline Wealth Management LLC acquired a new stake in Jabil in the fourth quarter valued at $28,000. Virtus Advisers LLC acquired a new position in Jabil during the 4th quarter worth about $32,000. DV Equities LLC bought a new stake in shares of Jabil in the 4th quarter valued at about $34,000. Wilkerson Advisory Group LLC bought a new stake in shares of Jabil in the 4th quarter valued at about $34,000. Finally, Leonteq Securities AG acquired a new stake in shares of Jabil in the fourth quarter valued at about $42,000. Institutional investors own 93.39% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have recently issued reports on JBL. Weiss Ratings downgraded Jabil from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Zacks Research cut Jabil from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Robert W. Baird increased their target price on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. Wall Street Zen downgraded shares of Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, The Goldman Sachs Group upped their price objective on shares of Jabil from $384.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Jabil currently has an average rating of “Moderate Buy” and a consensus target price of $453.67.
Insider Transactions at Jabil
In related news, SVP Gary K. Schick sold 1,000 shares of Jabil stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $340.00, for a total value of $340,000.00. Following the completion of the sale, the senior vice president owned 39,843 shares of the company’s stock, valued at approximately $13,546,620. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Andrew Priestley sold 3,169 shares of the business’s stock in a transaction on Monday, April 20th. The shares were 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 of the company’s stock, valued at $18,842,340. This trade represents a 5.26% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 35,981 shares of company stock valued at $10,812,410. Company insiders own 1.35% of the company’s stock.
Jabil Price Performance
Shares of JBL opened at $371.44 on Thursday. The firm has a market cap of $39.19 billion, a PE ratio of 46.37, a price-to-earnings-growth ratio of 1.12 and a beta of 1.28. Jabil, Inc. has a 52-week low of $189.60 and a 52-week high of $428.93. The business’s 50 day moving average price is $354.06 and its two-hundred day moving average price is $286.33. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.66 and a current ratio of 0.98.
Jabil (NYSE:JBL – Get Free Report) last issued its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.10 by $0.06. The business had revenue of $8.75 billion for the quarter, compared to analyst estimates of $8.61 billion. Jabil had a net margin of 2.57% and a return on equity of 83.93%. Jabil’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities analysts anticipate that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were issued a $0.08 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.32 annualized dividend and a yield of 0.1%. Jabil’s dividend payout ratio is presently 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.
See Also
- Five stocks we like better than Jabil
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Want to see what other hedge funds are holding JBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jabil, Inc. (NYSE:JBL – Free Report).
Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.
