GW&K Investment Management LLC grew its holdings in Jabil, Inc. (NYSE:JBL – Free Report) by 32.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 370,907 shares of the technology company’s stock after buying an additional 90,921 shares during the quarter. Jabil accounts for 0.7% of GW&K Investment Management LLC’s investment portfolio, making the stock its 28th largest position. GW&K Investment Management LLC owned about 0.35% of Jabil worth $80,551,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Integrated Wealth Concepts LLC raised its position in Jabil by 34.4% during the first quarter. Integrated Wealth Concepts LLC now owns 2,811 shares of the technology company’s stock worth $382,000 after acquiring an additional 720 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Jabil by 70.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,320 shares of the technology company’s stock worth $2,493,000 after purchasing an additional 7,602 shares in the last quarter. Focus Partners Wealth raised its position in shares of Jabil by 20.0% during the 1st quarter. Focus Partners Wealth now owns 4,967 shares of the technology company’s stock worth $676,000 after purchasing an additional 829 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Jabil by 50.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 582 shares of the technology company’s stock valued at $79,000 after buying an additional 194 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in Jabil by 45.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 189 shares of the technology company’s stock valued at $41,000 after buying an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 93.39% of the company’s stock.
Insiders Place Their Bets
In related news, Chairman Mark T. Mondello sold 17,200 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $250.00, for a total value of $4,300,000.00. Following the transaction, the chairman directly owned 1,111,459 shares in the company, valued at approximately $277,864,750. This represents a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Adam E. Berry sold 1,596 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $253.20, for a total value of $404,107.20. Following the completion of the transaction, the senior vice president owned 18,920 shares of the company’s stock, valued at $4,790,544. The trade was a 7.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 161,529 shares of company stock worth $37,901,485. 1.35% of the stock is currently owned by company insiders.
Jabil Stock Up 0.3%
Jabil (NYSE:JBL – Get Free Report) last posted its quarterly earnings results on Wednesday, December 17th. The technology company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.70 by $0.15. Jabil had a return on equity of 75.96% and a net margin of 2.26%.The business had revenue of $8.31 billion for the quarter, compared to analyst estimates of $8.07 billion. During the same quarter in the previous year, the firm earned $2.00 EPS. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. Jabil has set its FY 2026 guidance at 11.550-11.550 EPS and its Q2 2026 guidance at 2.270-2.670 EPS. On average, research analysts expect that Jabil, Inc. will post 8.05 earnings per share for the current year.
Jabil Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, February 17th were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio is 4.98%.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on JBL shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Jabil in a report on Friday, January 9th. Zacks Research lowered Jabil from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 16th. Raymond James Financial reissued a “strong-buy” rating on shares of Jabil in a research note on Thursday, December 18th. UBS Group lifted their target price on shares of Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a research note on Thursday, December 18th. Finally, Bank of America set a $265.00 target price on shares of Jabil in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Jabil presently has a consensus rating of “Moderate Buy” and a consensus target price of $264.14.
Read Our Latest Analysis on Jabil
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.
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