Foster & Motley Inc. lessened its stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) by 2.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,583 shares of the technology company’s stock after selling 1,731 shares during the period. Jabil comprises about 0.8% of Foster & Motley Inc.’s holdings, making the stock its 23rd biggest position. Foster & Motley Inc.’s holdings in Jabil were worth $15,296,000 as of its most recent filing with the SEC.
Other hedge funds have also added to or reduced their stakes in the company. PenderFund Capital Management Ltd. increased its stake in shares of Jabil by 3.3% during the 4th quarter. PenderFund Capital Management Ltd. now owns 1,257 shares of the technology company’s stock worth $287,000 after purchasing an additional 40 shares during the last quarter. Cidel Asset Management Inc. lifted its stake in Jabil by 4.8% in the first quarter. Cidel Asset Management Inc. now owns 991 shares of the technology company’s stock valued at $263,000 after purchasing an additional 45 shares during the last quarter. Hilton Head Capital Partners LLC grew its holdings in Jabil by 24.6% during the first 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. Brown Brothers Harriman & Co. increased its position in Jabil by 1.9% in the third quarter. Brown Brothers Harriman & Co. now owns 2,900 shares of the technology company’s stock worth $630,000 after buying an additional 54 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC increased its position in Jabil by 2.1% in the third quarter. Measured Wealth Private Client Group LLC now owns 2,823 shares of the technology company’s stock worth $613,000 after buying an additional 59 shares during the last quarter. Institutional investors own 93.39% of the company’s stock.
Insider Buying and Selling at Jabil
In other news, SVP May Yee Yap sold 1,634 shares of the company’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $306.74, for a total transaction of $501,213.16. Following the sale, the senior vice president directly owned 23,787 shares in the company, valued at $7,296,424.38. This represents a 6.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Steven D. Borges sold 7,000 shares of the stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $290.00, for a total transaction of $2,030,000.00. Following the completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 35,981 shares of company stock worth $10,812,410. 1.35% of the stock is owned by corporate insiders.
Jabil Trading Up 0.7%
Jabil (NYSE:JBL – Get Free Report) last announced its quarterly earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.06. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The company had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. During the same period in the previous year, the business earned $2.55 earnings per share. The firm’s quarterly 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. As a group, analysts expect that Jabil, Inc. will post 11.71 EPS for the current year.
Jabil Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were paid 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 (DPR) is currently 4.00%.
Analysts Set New Price Targets
A number of research analysts have recently commented on JBL shares. JPMorgan Chase & Co. upped their price target on Jabil from $395.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Raymond James Financial lifted their price objective on Jabil from $425.00 to $450.00 and gave the stock a “strong-buy” rating in a report on Thursday, June 18th. UBS Group boosted their price objective on Jabil from $380.00 to $430.00 and gave the company a “neutral” rating in a research note on Thursday, June 18th. Stifel Nicolaus set a $460.00 price objective on shares of Jabil and gave the company a “buy” rating in a report on Thursday, June 18th. Finally, Zacks Research lowered shares of Jabil from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $453.67.
View Our Latest Stock Report on JBL
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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